20832 Olney, MD is a bustling suburban city located between two large metropolitan areas. This city offers residents an ideal balance between urban amenities and more peaceful living. It is home to major companies such as LifeBridge Health, REI Systems, and the University of Maryland Medical Center. The local grocery store chains in this area include Giant, Safeway, Wegmans, and Aldi. Residents can also enjoy shopping at nearby malls like Montgomery Mall and White Flint Mall. In terms of leisure activities, Olney boasts several parks with playgrounds and bike paths for outdoor fun. The community also hosts many festivals throughout the year as well as a wide range of restaurants for dining out. With its convenient location and access to great amenities, 20832 Olney is the perfect place for renters seeking affordability and comfort.
Olney (zip 20832) has an unemployment rate of 5.7%. The US average is 6.0%.
Olney (zip 20832) has seen the job market decrease by -6.5% 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 Olney (zip 20832)
- The Sales Tax Rate for Olney (zip 20832) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Olney (zip 20832) 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 Olney (zip 20832)
- The average income of a Olney (zip 20832) resident is $59,211 a year. The US average is $37,638 a year.
- The Median household income of a Olney (zip 20832) resident is $155,516 a year. The US average is $69,021 a year.