Calvert Beach, MD is a small city located in Calvert County with an inviting atmosphere and plenty of amenities. The average rent for a two-bedroom home is $1,780 which is slightly higher than the national rate of $1,430. Grocery costs are also higher in the city as the index is 108 versus 100 in the US. There are plenty of local companies that call Calvert Beach home such as Northern Chesapeake Realty, Calvert Marine Museum, and Ropewalk Tavern & Restaurant. These businesses make up an integral part of the city's economy and provide residents with plenty of job opportunities.
Calvert Beach has an unemployment rate of 4.5%. The US average is 6.0%.
Calvert Beach has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Calvert Beach
- The Sales Tax Rate for Calvert Beach is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Calvert Beach 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 Calvert Beach
- The average income of a Calvert Beach resident is $36,168 a year. The US average is $28,555 a year.
- The Median household income of a Calvert Beach resident is $69,375 a year. The US average is $69,021 a year.