Garrett County, MD Economy


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United States / Maryland / No Metro Area / Garrett County / Cities / Zip Codes
Garrett County in Maryland is a great place to live. Located less than two hours from Washington, DC, Garrett offers plenty for those seeking an affordable lifestyle with access to the big city. The average rent for a two-bedroom apartment is $830, which is significantly cheaper than the US average of $1,430. Additionally, the cost of groceries in Garrett is equal to the national average of 100 on the grocery index. The county is home to many businesses including Deep Creek Beverage Company and Cold Stream Brewery. All in all, Garrett offers an affordable cost of living that matches national averages without sacrificing access to quality amenities and services.

Garrett County has an unemployment rate of 5.9%. The US average is 6.0%.

Garrett County has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Garrett County
- The Sales Tax Rate for Garrett County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garrett County is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Garrett County
- The average income of a Garrett County resident is $24,974 a year. The US average is $28,555 a year.
- The Median household income of a Garrett County resident is $58,011 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarrett, MarylandUnited States
  5.96
  -6.8%-6.2%
  20.4%33.5%
  6.0%6.2%
  7.4%4.6%
  $36,300$37,638
  $58,011$69,021
  $70,512$85,028
  Population by Occupation
  1.6%1.2%
  2.1%0.5%
  12.0%6.8%
  6.8%10.0%
  1.8%2.5%
  9.6%11.0%
  4.4%4.8%
  1.0%0.8%
  1.2%1.9%
  1.9%4.7%
  3.5%1.9%
  4.7%7.6%
  0.0%0.1%
  4.1%4.2%
  8.3%9.3%
  13.4%14.0%
  1.8%2.1%
  7.6%7.0%
  6.2%4.8%
  8.0%4.7%
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