Baltimore, MD County is an ideal location for people looking to move and settle down. Not only does the county offer a competitive 2 bedroom rent at $1,550 which is lower than the US average of $1,430, but it also has a grocery cost index of 103 versus 100 in the US which makes it more affordable to live here. The county is home to many well-known companies such as Under Armour and Legg Mason. There are several local attractions that make living in Baltimore exciting, including the National Aquarium, Fort McHenry Historic Shrine and Museum, Baltimore Museum of Art and The Hippodrome Theater.
Baltimore County has an unemployment rate of 6.0%. The US average is 6.0%.
Baltimore County 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 Baltimore County
- The Sales Tax Rate for Baltimore County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore County 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 Baltimore County
- The average income of a Baltimore County resident is $34,701 a year. The US average is $28,555 a year.
- The Median household income of a Baltimore County resident is $81,846 a year. The US average is $69,021 a year.