20747 Forestville, MD is a suburban area that offers great amenities for families. With a 2 bedroom rent at $1,580, the cost of living in this area is slightly higher than the US average of $1,430. The Grocery Cost Index in 20747 Forestville is 107 versus 100 in the US, making it more expensive to purchase food items. Residents in this area can benefit from nearby amenities such as Walmart, Target, Safeway, and CVS. Additionally, local companies like Nature's Best Landscaping and Maid Pro make life easier by providing landscaping and maid services at competitive prices. Overall, 20747 Forestville provides residents with an affordable cost of living along with great amenities from local businesses.
Forestville (zip 20747) has an unemployment rate of 7.8%. The US average is 6.0%.
Forestville (zip 20747) has seen the job market decrease by -0.6% 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 Forestville (zip 20747)
- The Sales Tax Rate for Forestville (zip 20747) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Forestville (zip 20747) 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 Forestville (zip 20747)
- The average income of a Forestville (zip 20747) resident is $28,679 a year. The US average is $28,555 a year.
- The Median household income of a Forestville (zip 20747) resident is $67,136 a year. The US average is $69,021 a year.