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What is the average salary in Takoma Park, MD?

The average salary in Takoma Park, MD is $59,100 per year.

Takoma Park, MD, offers a variety of job opportunities with competitive salaries. The average yearly salary in the area is $59,100. This figure reflects a diverse range of job sectors, each offering different salary brackets. For those in the lower-paying jobs, the average salary starts at around $32,600. On the other hand, higher-paying positions can reach up to $142,500 per year.


The salary distribution in Takoma Park shows a mix of income levels. The largest percentage, 33.68%, falls within the $32,600 to $42,591 range. Other notable percentages include 19% for the $42,591 to $52,582 range and 11.95% for the $52,582 to $62,573 range. This distribution highlights the variety of earning potentials available to job seekers in the area. With these figures, professionals can better understand the salary landscape and make informed career decisions.

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What are the best paying jobs in Takoma Park, MD?

Takoma Park offers a variety of job opportunities with competitive salaries. Among the top-paying jobs in the area is that of a cashier. Cashiers in Takoma Park earn an average salary of $34,180 annually. This role is essential in retail and grocery stores, providing a stable income and the chance to work in a dynamic environment. Other high-paying jobs in Takoma Park include positions in healthcare and technology. These fields often offer salaries that exceed the average for the area. Job seekers interested in these sectors can find rewarding careers with good compensation. Exploring these opportunities can lead to both financial stability and professional growth.
Graph displaying best paying job salaries in Takoma Park, MD, highlighting Cashier with the highest at $34,180 and Cashier with the lowest at $34,180.
  1. Cashier
    Average Salary: $34,180
    Cashiers work in retail stores, grocery stores, and other businesses. They handle transactions, provide customer service, and manage cash registers. Companies like Whole Foods and Trader Joe's offer cashier positions.
    Find Cashier jobs in Takoma Park, MD

What are the best paying jobs in Takoma Park, MD without a degree?

Job seekers in Takoma Park, MD, can find well-paying roles without needing a college degree. Recreation Assistants earn an average of $41,325 annually, offering a rewarding career in community services. Servers and Line Cooks also provide good income, with average salaries of $39,376 and $36,704, respectively. These positions allow individuals to start earning quickly while gaining valuable experience.
Graph displaying best paying job salaries in Takoma Park, MD without a degree, highlighting Recreation Assistant with the highest at $41,325 and Dishwasher with the lowest at $35,175.
  1. Recreation Assistant
    Average Salary: $41,325
    This role involves organizing and leading recreational activities. It requires a friendly and energetic personality. Local organizations often seek assistants to engage community members. This position offers a chance to make a positive impact on people's lives.
    Find Recreation Assistant jobs in Takoma Park, MD


  2. Server
    Average Salary: $39,376
    Servers work in restaurants, providing excellent service to customers. They take orders, serve food, and ensure guests have a pleasant dining experience. Many local eateries value servers who can handle busy shifts. This job offers the chance to work in a dynamic environment.
    Find Server jobs in Takoma Park, MD


  3. Line Cook
    Average Salary: $36,704
    Line cooks prepare ingredients and cook food quickly in a fast-paced kitchen. They work closely with chefs and other kitchen staff. This role is ideal for those who enjoy cooking and working in a team. Many restaurants in the area need skilled line cooks.
    Find Line Cook jobs in Takoma Park, MD


  4. Dishwasher
    Average Salary: $35,175
    Dishwashers clean dishes, utensils, and kitchen equipment. They work in a busy kitchen environment. This job requires attention to detail and the ability to work efficiently. Many local restaurants and cafes need dependable dishwashers.
    Find Dishwasher jobs in Takoma Park, MD

Which companies offer the top salaries in Takoma Park, MD?

Job seekers in Takoma Park, MD, can find attractive salaries at Montgomery County Public Schools. This company offers an average salary of $75,867, making it a top choice for those seeking well-paying opportunities. With a strong reputation and competitive benefits, Montgomery County Public Schools stands out as a great employer in the area.
Graph displaying company salaries in Takoma Park, MD, highlighting Montgomery County Public Schools, MD with the highest at $75,867 and Lockheed Martin with the lowest at $105,000.
  1. Montgomery County Public Schools, MD
    Average Salary: $75,867
    Montgomery County Public Schools, MD, is a leading educational institution offering a variety of teaching and administrative positions. The school system is known for its commitment to quality education and supportive work environment. Employees benefit from competitive salaries and comprehensive benefits.


  2. Johns Hopkins University
    Average Salary: $82,000
    Johns Hopkins University is a top-tier research institution located in Takoma Park, MD. The university offers a range of positions in research, teaching, and administration. Employees enjoy a collaborative atmosphere and access to cutting-edge resources. Salaries are competitive, reflecting the university's commitment to attracting top talent.


  3. Lockheed Martin
    Average Salary: $105,000
    Lockheed Martin is a global aerospace and defense company with a significant presence in Takoma Park, MD. The company offers high-paying jobs in engineering, IT, and project management. Employees benefit from a dynamic work environment and opportunities for career advancement. Competitive salaries and comprehensive benefits are standard.

How does the cost of living in Takoma Park, MD compare to the national average?

Takoma Park, MD, has a higher cost of living compared to the nationwide average. The overall cost of living index in Takoma Park is 122, which is 22% higher than the average of 100. This increase is driven by higher housing costs, which are 40% above the average, and miscellaneous expenses, which are 30% higher. While groceries and utilities also exceed the average, they do so by 15% and 10%, respectively. Transportation and healthcare costs are slightly above the national average, at 5% and 20% higher. Job seekers should consider these factors when planning their budget.
Cost of living comparison graph for Takoma Park, MD vs. Nationwide: housing 40% higher, groceries 15% higher, utilities 10% higher, transportation 5% higher, healthcare 20% higher, miscellaneous 30% higher.

The cost of living in Takoma Park, MD, is notably higher than the nationwide average. Housing costs in Takoma Park stand at 140, which is 40% higher than the average. This means that housing expenses are significantly more than what people typically pay across the country. Groceries also show a higher cost, with an index of 115, indicating a 15% increase over the national average. This suggests that everyday food shopping can be more expensive for residents.


Utilities in Takoma Park are 110, which is 10% higher than the average. This means that costs for electricity, gas, water, and other utilities are slightly more than the national average. Transportation costs are slightly above average, with an index of 105, showing a 5% increase. Healthcare costs are also higher, with an index of 120, meaning they are 20% more expensive than the national average. Miscellaneous costs, which include items like clothing and entertainment, are 130, indicating a 30% increase over the average. Overall, living in Takoma Park involves higher expenses across various categories compared to the nationwide average.

There are 64 job openings in Takoma Park, MD, today!

Take a deeper dive into the job market in Takoma Park, MD

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City
Overview
Takoma Park, MD
64 Job Openings