Springdale, MD is an ideal place to live and work. It has a lower cost of living compared to the US average, with an average 2 bedroom rent at $2,040 versus the US average of $1,430. Additionally, the Grocery Cost Index in Springdale is 108 compared to 100 in national average. There are many local companies that make this a desirable location such as GlaMax Technologies which provides IT solutions for both government and commercial organizations; All Pro Plumbing which offers comprehensive plumbing services; and KW Metals Inc., a metal fabrication enterprise. With its low cost of living and diverse economy, Springdale MD is an excellent place to live and build a career.
Springdale has an unemployment rate of 7.8%. The US average is 6.0%.
Springdale has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Springdale
- The Sales Tax Rate for Springdale is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Springdale is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Springdale
- The average income of a Springdale resident is $46,492 a year. The US average is $37,638 a year.
- The Median household income of a Springdale resident is $128,529 a year. The US average is $69,021 a year.