Owings Mills, MD is a town located in north-central Maryland. It has an estimated population of 30,622 people and is an ideal spot for those seeking suburban living. The average rent for a two-bedroom apartment in Owings Mills is approximately $1,830 which is more than the US average of $1,430. Additionally, the grocery cost index in Owings Mills is 102 compared to 100 in the US.
Many local businesses such as The Foundry Row shopping center and McDonogh School have made Owings Mills their home. The Foundry Row shopping center provides residents with many amenities including eateries, boutiques, and a state-of-the-art movie theater. McDonogh School is a private educational institution founded in 1873 and has been ranked as one of America's best schools by Newsweek magazine. Other local companies include Gold's Gym, a fitness facility that offers personal training services; Eastern Plumbing & Heating Supply Co., Inc., which specializes in plumbing supplies; and Olneya Family Dentistry, providing family dentistry services since 1983.
Owings Mills has an unemployment rate of 6.0%. The US average is 6.0%.
Owings Mills has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Owings Mills
- The Sales Tax Rate for Owings Mills is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Owings Mills is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Owings Mills
- The average income of a Owings Mills resident is $34,577 a year. The US average is $28,555 a year.
- The Median household income of a Owings Mills resident is $87,376 a year. The US average is $69,021 a year.