Town23,790 people

North Potomac, MD

Discover how far your salary goes in North Potomac. Compare taxes, rent, and living costs.

Cost Index
148
💰 Expensive
Population

23,790

State Tax

5.8%

1BR Rent

$1,729

/month

vs National

+24%

above avg

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Rent Prices in North Potomac

🏠

Studio

$1,383

/month

$16,596/year

Most Common
🛏️

1 Bedroom

$1,729

/month

$20,748/year

🏡

2 Bedroom

$2,334

/month

$28,008/year

🏘️

3 Bedroom

$3,026

/month

$36,312/year

Taxes in Maryland

State Income Tax

Maryland

5.8%

For a $100k salary, that's ~$5,750/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in North Potomac, MD?

North Potomac has a cost of living index of 148, which is 48% above the national average. A 1-bedroom apartment costs around $1,729/month.

What is the state income tax in Maryland?

Maryland has a state income tax rate of approximately 5.8%. This is in addition to federal income tax.

How much is rent in North Potomac?

The median rent for a 1-bedroom apartment in North Potomac is $1,729/month. For a 2-bedroom, expect to pay around $2,334/month. This is 24% above the national average.

Is North Potomac a good place to live?

North Potomac is a town with a population of 23,790. The cost of living is expensive, making it more expensive than average for the US.

See the complete picture for North Potomac

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