Oakland, MD is a small town located in Garrett County with a population of 2,155. It's 2 Bedroom Rent averages an affordable $820 per month. The Grocery Cost Index in Oakland is the same as the US average at 100. There are many local companies and amenities that make living in Oakland attractive. Some of these companies include Wilburn's Flowers & Gifts for all your floral needs, Green Pine Valley for camping and kayaking trips, and the Appalachian Mountain Club for outdoor adventures. Other attractions include restaurants such as Pizza Barn Restaurant, East Street Pub & Grill, The Mansion House Inn & Restaurant, and Deep Creek Donuts for sweet treats. Oakland also has several parks including Rocky Gap State Park, Swallow Falls State Park, Herrington Manor State Park, and Savage River State Forest. With its numerous local businesses and scenic nature spots, Oakland is an inviting place to live!
Oakland (zip 21550) has an unemployment rate of 5.9%. The US average is 6.0%.
Oakland (zip 21550) has seen the job market decrease by -6.8% 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 Oakland (zip 21550)
- The Sales Tax Rate for Oakland (zip 21550) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oakland (zip 21550) 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 Oakland (zip 21550)
- The average income of a Oakland (zip 21550) resident is $36,413 a year. The US average is $37,638 a year.
- The Median household income of a Oakland (zip 21550) resident is $57,778 a year. The US average is $69,021 a year.