Arnold, MD is a great place to live for those looking for a relaxing pace of life. The area boasts a cost of living index that is lower than the national average, with 2 bedroom rent averaging at $2,230 in the region compared to $1,430 across the US. Grocery costs are also reasonable in Arnold, MD with an index of 106 compared to 100 nationally. For those looking to work or study locally, there are plenty of options available. In the health sector, local employers include Anne Arundel Medical Center and Johns Hopkins Health Care Centers. There are also many educational opportunities nearby including University of Maryland College Park and Anne Arundel Community College.
Arnold (zip 21012) has an unemployment rate of 4.9%. The US average is 6.0%.
Arnold (zip 21012) 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 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Arnold (zip 21012)
- The Sales Tax Rate for Arnold (zip 21012) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Arnold (zip 21012) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Arnold (zip 21012)
- The average income of a Arnold (zip 21012) resident is $44,448 a year. The US average is $28,555 a year.
- The Median household income of a Arnold (zip 21012) resident is $133,481 a year. The US average is $69,021 a year.