Layhill, MD is a welcoming and vibrant community located just outside of Washington, DC. It has a wide range of amenities and activities that make it an ideal place to live. The housing market in Layhill is competitive with two bedroom rentals going for $1,850 compared to the national average of $1,430. As well as the higher rent prices, the grocery cost index in Layhill is 109 versus 100 in the US. Local companies such as Wegmans Food Markets, Advanced Drainage Solutions and Brabhams Construction all provide job opportunities for those living in Layhill. There are also many recreation facilities available for residents looking to stay active and enjoy their time outdoors. With plenty of shopping malls and restaurants nearby, Layhill offers something for everyone!
Layhill has an unemployment rate of 5.7%. The US average is 6.0%.
Layhill 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 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Layhill
- The Sales Tax Rate for Layhill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Layhill 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 Layhill
- The average income of a Layhill resident is $44,165 a year. The US average is $37,638 a year.
- The Median household income of a Layhill resident is $110,208 a year. The US average is $69,021 a year.