See what you'll need to earn to keep your current standard of living wherever you choose to work and live. I can barely keep up with the increasing prices.The affordability of the housing market in Silver Spring, MD as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. I have spent so much time exploring and getting to know my community, from small businesses to bigger corporations.
Most goods and services are affordable.Poor. Contact us to get pricing and learn more about our senior living community. Currency: Sticky Currency Switch to metric measurement units. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area. For academic choices, the city hosts campuses of Montgomery College and Howard University.Livability explores what makes small-to-medium sized cities great places to live. In Silver Spring, some 64.20% of occupied homes are rented, greater than the 36.2% national renter rate. The public schools in Silver Spring are highly rated.See All 10 Places to Work in Silver Spring,See All 35 Public Schools in Silver Spring,See All 12 Private Schools in Silver Spring.I currently live in Silver Spring, which I believe is the heart of Maryland since its located in the middle of the state. Goods, services and housing are all very affordable.Good.
For places that span multiple counties, data was aggregated based on the percentage of boundary overlap.24/7 Wall St. has published detailed cost of living analysis for all 50 states and over 29,000 cities across the country. To be honest, I love my community, the people that live here are down to earth and care for each other. Fees that Niche receives for ads do not affect the terms you may be offered by the lender you choose. The Cost of Senior Living and Care in Silver Spring. The median income for families is more than $100,000, and many residents work in Washington, D.C. only 20 minutes away. Get a quote today!Calculated annually per 100,000 residents. So no one has to worry about being, there are plenty of people to meet. We then leverage that expertise to develop city rankings for a range of topics including,Copyright © 2010-2020 Livability - Journal Communications, Inc,In collaboration with Entrepreneur magazine, we examine the best places in America for starting a business.Our second-annual ranking of the best small to mid-sized cities in the U.S.Percent of Population With Bachelor's Degree or Higher,Percent of Adults Drank Beer in Last 6 Months,Adults Volunteered for Charitable Organization,Of Households Used Organic Food in Last 6 Months,Of Population Went to Art Gallery Last Year,Of Population Attended Live Theater Last Year,Of Population Attended a Sporting Event Last Year,Montgomery County Schools and Businesses Keep Talent Flowing to STEM-Related Industries,Montgomery County Helps Ensure There is Room at the Inn,Montgomery County's BioHealth Industry Thrives on Innovation,Montgomery County, MD Offers Comfortable Communities for Its Residents,Why Silver Spring, MD Is a Top 100 Best Place to Live,Unique Amenities in Montgomery County, MD Draw Quality-of-Life Seekers,More Articles on Experiences & Adventures.
There are many additional borrowing options available.Best Suburbs for Young Professionals in Maryland.Based on violent and property crime rates.Based on employment rates, job and business growth, and cost of living.Niche requires Javascript to work correctly.
Renters have a median income of $54,078.
Cost of Living Indexes: Silver Spring, MD: Arlington, VA: Difference: Overall Index: Homeowner, No Child care, Taxes Not Considered: 132.4: 168.7: 27.4% more: Food & Groceries: 112.7: 115.2: 2.2% more: Housing (Homeowner) 175.9: 294.8: 67.6% more: Median Home Cost: $406,600: $681,600: $275,000 (67.6% more) Utilities: 109.4: 98.3: 10.1% less: Transportation: 140.9: …
In Silver Spring, a single adult spends an average of $3,669 on food annually, and a family of four spends $10,595 on average. To ensure a good experience before moving to any new city in Maryland, you will probably want to make sure that you check all of the most important boxes. Living in Silver Spring, MD. The median home price in Silver Spring is $406,600. Accounting for state and federal income taxes, as well as Social Security contributions and Medicare payroll taxes, the average adult working in Silver Spring, Maryland pays $10,544 annually — a relatively high sum compared to the the statewide average of $7,992.It is important to note that these calculations do not include other common taxes such as property, sales, and excise taxes. The average commute in Silver Spring is 35.1 minutes long, compared to the 26.6-minute average commute nationwide. Niche is not a lender and does not endorse the products of these advertisers. Many families and young professionals live in Silver Spring and residents tend to be liberal.
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