Prince George's County, Maryland is a vibrant and diverse county located just outside of Washington D.C. The county offers affordable housing with an average 2 bedroom rent being $1,840 compared to the US average of $1,430. This makes it an attractive area to live for people looking for a more suburban lifestyle with access to major cities. In addition to housing costs, the Grocery Cost Index in Prince George's County is 108 versus 100 in the US, making groceries slightly more expensive than the national average but still relatively affordable. Some local employers include FedEx Ground and Target Distribution Center which employ many residents from Prince George's County. With its affordable housing and high quality of life, Prince George's County is an attractive area for families or those looking to find their home in Maryland.
Prince George's County has an unemployment rate of 7.8%. The US average is 6.0%.
Prince George's County has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Prince George's County
- The Sales Tax Rate for Prince George's County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Prince George's County is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Prince George's County
- The average income of a Prince George's County resident is $40,643 a year. The US average is $37,638 a year.
- The Median household income of a Prince George's County resident is $91,124 a year. The US average is $69,021 a year.