Urbana, Maryland is a small town located in Frederick County with a population of about 10,000 people. This tight-knit community offers plenty to do and enjoy, from its local restaurants and bakeries to its nearby parks and outdoor activities. The cost of living in Urbana is slightly higher than the national average due to its 2 bedroom rent being $2,340 compared to the US average at $1,430; similarly, the Grocery Cost Index is 111 versus 100 nationally. Local companies include Orbit Technologies Inc., PFC Systems Inc., and Zeigler Bros. Inc., providing jobs in engineering, technology services, and construction respectively. All in all, Urbana has something for everyone; it's a great place to visit or live!
Urbana has an unemployment rate of 4.9%. The US average is 6.0%.
Urbana 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 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Urbana
- The Sales Tax Rate for Urbana is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Urbana is 7.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Urbana
- The average income of a Urbana resident is $58,275 a year. The US average is $37,638 a year.
- The Median household income of a Urbana resident is $168,633 a year. The US average is $69,021 a year.