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Catonsville, MD Economy


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Catonsville, MD is a popular city located in Baltimore County. The area is known for its many local businesses, such as Catonsville Pharmacy, EZ Storage Solutions, and Catonsville Ace Hardware. Residents in Catonsville enjoy a relatively low cost of living compared to other areas in Baltimore County; two bedroom apartments can be rented for around $1,610 per month, which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Catonsville is 103 as opposed to 100 in the US. Therefore residents experience an overall cost savings when living in Catonsville.

Catonsville has an unemployment rate of 6.0%. The US average is 6.0%.

Catonsville 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 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Catonsville
- The Sales Tax Rate for Catonsville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Catonsville is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Catonsville
- The average income of a Catonsville resident is $44,821 a year. The US average is $37,638 a year.
- The Median household income of a Catonsville resident is $93,481 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCatonsville, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Catonsville
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Over 15 years ago

Catonsville is a historical town, small yet plenty of entertainment activities for families. Close to the downtown area and D.C. 15 minutes away from the #2 place to  More

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Over 17 years ago

Closer to Baltimore's Inner Harbor than some parts of Baltimore City are - it's 15 minutes to the Aquarium, the Meyerhoff, Johns Hopkins. Catonsville's got several  More

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Over 17 years ago

Closer to Baltimore's Inner Harbor than some parts of Baltimore City are - it's 15 minutes to the Aquarium, the Meyerhoff, Johns Hopkins. Catonsville's got several  More

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