Salisbury, MD Economy


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Salisbury, MD is a great place to live. It has a low 2 bedroom rent of only $1,130 compared to the national average of $1,430, making it an affordable place to live for many. The cost of groceries in Salisbury is also relatively low when compared to the rest of the US with an index score of 104. There are plenty of companies and attractions that make Salisbury special. Companies like Perdue Farms and Wicomico County Public Schools provide local employment opportunities while places like Salisbury Zoo are popular tourist destinations. If you're looking for something fun to do on the weekends you can check out downtown or one of the city's many parks and trails. Whether you're looking for a job, somewhere to live, or just something fun to do, Salisbury has something for everyone!

Salisbury has an unemployment rate of 8.0%. The US average is 6.0%.

Salisbury has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Salisbury
- The Sales Tax Rate for Salisbury is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Salisbury is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Salisbury
- The average income of a Salisbury resident is $21,763 a year. The US average is $28,555 a year.
- The Median household income of a Salisbury resident is $48,310 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySalisbury, MarylandUnited States
  86
  -6.7%-6.2%
  27.8%33.5%
  6.0%6.2%
  8.0%4.6%
  $26,347$37,638
  $48,310$69,021
  $60,791$85,028
  Population by Occupation
  1.7%1.2%
  0.1%0.5%
  4.1%6.8%
  11.9%10.0%
  0.9%2.5%
  10.0%11.0%
  2.7%4.8%
  0.4%0.8%
  2.0%1.9%
  2.1%4.7%
  0.5%1.9%
  3.8%7.6%
  0.1%0.1%
  2.4%4.2%
  13.8%9.3%
  17.0%14.0%
  2.6%2.1%
  13.9%7.0%
  5.6%4.8%
  4.5%4.7%
Reviews for Salisbury
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Elijah · 
Over 4 years ago

I left Salisbury 5 years ago, but a year ago I had some business nearby, so I decides to visit Salisbury, MD for nostalgia’s sake, it was a big mistake. I’ll admit there  More

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Over 5 years ago

I lived in Salisbury for 10 years before leaving and It’s funny that people keep telling me that Salisbury has very little crime, and that it having high crime is made  More

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I am tired of hearing about salisbury having a "high violent crime rate" in these national reviews. It is inaccurate and damaging to property and business owners here.  More

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