Harford, MD County is located in the northern region of Maryland, near the city of Baltimore. The county has an average 2 bedroom rent cost of $1,550 which is slightly higher than the US average cost of $1,430. Additionally, Harford residents can expect to pay slightly more than the average American for groceries as the Grocery Cost Index in Harford is 103 versus 100 in the US. Harford County also boasts a large number of established companies including Aberdeen Proving Ground, APG Federal Credit Union, Aetna Insurance Company and others.
Harford County has an unemployment rate of 5.0%. The US average is 6.0%.
Harford County has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Harford County
- The Sales Tax Rate for Harford County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Harford County is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Harford County
- The average income of a Harford County resident is $45,023 a year. The US average is $37,638 a year.
- The Median household income of a Harford County resident is $98,495 a year. The US average is $69,021 a year.