Salisbury, MD Metro Area is an attractive and affordable place to live. The average rent for a 2 bedroom apartment in Salisbury is $1,090 which is significantly lower than the national average of $1,430. Additionally, the cost of groceries in Salisbury is 5% higher than the national index at 105 versus 100 in the US. This makes it a great place to live and work! Local companies in Salisbury include Perdue Farms, Wicomico County Public Schools, Nanticoke Health Services and Peninsula Regional Medical Center. The cost of living here compared to other cities around the country is relatively low making it an ideal location for all types of individuals looking for an affordable lifestyle.
Salisbury Metro Area has an unemployment rate of 6.9%. The US average is 6.0%.
Salisbury Metro Area has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Salisbury Metro Area
- The Sales Tax Rate for Salisbury Metro Area is 2.7%. The US average is 7.3%.
- The Income Tax Rate for Salisbury Metro Area 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 Metro Area
- The average income of a Salisbury Metro Area resident is $27,353 a year. The US average is $28,555 a year.
- The Median household income of a Salisbury Metro Area resident is $66,491 a year. The US average is $69,021 a year.