Temple Hills, MD is a great place to call home. It offers plenty of amenities for all types of residents, including a variety of shops, restaurants, and entertainment options. There are many local businesses in the area such as the Temple Hill Mall, which provides an array of retail outlets and services. Additionally, there are also several medical centers and educational institutions nearby. The cost of living in Temple Hills is quite affordable with 2 bedroom rents being around $1,570 compared to the US average 2 bedroom rent at $1,430. Grocery costs in Temple Hills are also slightly higher than the US index with an index value of 107 versus 100 in the US. All-in-all it’s clear that Temple Hills provides quality resources at competitive prices.
Temple Hills has an unemployment rate of 7.8%. The US average is 6.0%.
Temple Hills 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 Temple Hills
- The Sales Tax Rate for Temple Hills is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Temple Hills 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 Temple Hills
- The average income of a Temple Hills resident is $33,451 a year. The US average is $37,638 a year.
- The Median household income of a Temple Hills resident is $67,115 a year. The US average is $69,021 a year.