Chesapeake City, MD is a vibrant city with a lot of local businesses and amenities. It is located just 30 miles southeast of Washington DC, making it an ideal location for those looking to be close to the nation's capital. The rent for a two bedroom apartment in Chesapeake City is slightly higher than the US average at $1490 per month. Additionally, the grocery cost index in Chesapeake City is 102 versus 100 in the US. Local businesses include Chesapeake Bay Coffee Company, Oyster House Restaurant, and The Spa on Greenbriar Drive. There are also numerous amenities available including national parks, golf courses, museums, and theaters. With so much to offer, Chesapeake City proves to be an ideal city for living and working.
Chesapeake City has an unemployment rate of 5.3%. The US average is 6.0%.
Chesapeake City has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Chesapeake City
- The Sales Tax Rate for Chesapeake City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chesapeake City is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Chesapeake City
- The average income of a Chesapeake City resident is $33,884 a year. The US average is $28,555 a year.
- The Median household income of a Chesapeake City resident is $58,958 a year. The US average is $69,021 a year.