Friendship, MD is a small community located in 20758 zip code area of Montgomery County. It is an excellent place for individuals and families looking for an affordable place to live. On average, two-bedroom rent in Friendship is $1,730 which is more expensive than the national average of $1,430. Grocery cost index in Friendship is 106 which is slightly higher than 100 that is recorded across the US. There are many local businesses located in Friendship such as Harris Teeter, Starbucks, Walgreens and Target. The price difference between two-bedroom rent and grocery cost index compared to the rest of the country make living in Friendship an attractive option for those looking for affordable housing options.
Friendship (zip 20758) has an unemployment rate of 4.9%. The US average is 6.0%.
Friendship (zip 20758) 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 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Friendship (zip 20758)
- The Sales Tax Rate for Friendship (zip 20758) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Friendship (zip 20758) 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 Friendship (zip 20758)
- The average income of a Friendship (zip 20758) resident is $49,594 a year. The US average is $37,638 a year.
- The Median household income of a Friendship (zip 20758) resident is $103,750 a year. The US average is $69,021 a year.