Friendsville, MD is a small town located in Garrett County with a population of 21531. The town is known for its laid-back atmosphere and natural beauty. The area's economy is based mainly on agriculture, forestry, mining, construction and manufacturing. There are also several local stores and restaurants in the area as well as a library, park, and several trails for hiking and biking. 2 Bedroom Rent in Friendsville is $820 which is significantly less than the US average of $1,430 making it an affordable place to live. Furthermore, the Grocery Cost Index in Friendsville is 98 versus 100 in the US adding further savings for those looking to move to Friendsville. All these factors make Friendsville an attractive place for people looking to find a lower cost of living without sacrificing quality or amenities.
Friendsville (zip 21531) has an unemployment rate of 5.9%. The US average is 6.0%.
Friendsville (zip 21531) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Friendsville (zip 21531)
- The Sales Tax Rate for Friendsville (zip 21531) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Friendsville (zip 21531) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Friendsville (zip 21531)
- The average income of a Friendsville (zip 21531) resident is $19,961 a year. The US average is $28,555 a year.
- The Median household income of a Friendsville (zip 21531) resident is $40,438 a year. The US average is $69,021 a year.