\nBel Air, MD is a vibrant city located in Baltimore County. It offers a unique mix of historical sites, modern amenities, and stunning natural beauty. The city has a strong economy that continues to grow thanks to its diverse businesses. Major employers include Northrop Grumman, Harford County Public Schools, and University of Maryland Upper Chesapeake Health. These companies have helped to create jobs and spur economic growth in Bel Air. Additionally, these large organizations are also helping to improve the quality of life for local residents by offering competitive wages and benefits packages. Moreover, the town's cost of living is lower than the national average with 2 bedroom rents averaging $1,530 and groceries costing less than 100 index points compared to the US overall. All of these factors make Bel Air an attractive place to live for those looking for a career-focused community with plenty of opportunities for personal growth and development.
Bel Air town (Harford County) has an unemployment rate of 5.0%. The US average is 6.0%.
Bel Air town (Harford County) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Bel Air town (Harford County)
- The Sales Tax Rate for Bel Air town (Harford County) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bel Air town (Harford County) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bel Air town (Harford County)
- The average income of a Bel Air town (Harford County) resident is $33,399 a year. The US average is $28,555 a year.
- The Median household income of a Bel Air town (Harford County) resident is $64,036 a year. The US average is $69,021 a year.