20896 Garrett Park, MD is a great place to call home. Located on the western edge of Montgomery County, this small town offers a quaint atmosphere with plenty to do. Residents can enjoy the nearby hiking trails in Rock Creek Park or take advantage of the local shops and restaurants in downtown Silver Spring. Nearby employers such as Lockheed Martin, Discovery Communications, and Holy Cross Hospital offer employment opportunities for those looking to work close to home. Additionally, there are several supermarkets located within walking distance of 20896 Garrett Park providing easy access to groceries at an index rate of 118 compared to 100 in the US. With its proximity to Washington D.C., great shopping options, and ample job prospects, 20896 Garrett Park makes an ideal spot for anyone looking for a comfortable lifestyle in Montgomery County.
Garrett Park (zip 20896) has an unemployment rate of 5.7%. The US average is 6.0%.
Garrett Park (zip 20896) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Garrett Park (zip 20896)
- The Sales Tax Rate for Garrett Park (zip 20896) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Garrett Park (zip 20896) 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 Garrett Park (zip 20896)
- The average income of a Garrett Park (zip 20896) resident is $63,451 a year. The US average is $28,555 a year.
- The Median household income of a Garrett Park (zip 20896) resident is $241,875 a year. The US average is $69,021 a year.