Charlton, Maryland is a small town located about 45 miles from Washington D.C. in Calvert County. It has a population of around 13,000 and is known for its peaceful atmosphere and easy access to larger cities. The 2 bedroom rent in Charlton is much lower than the US average at only $1,010 per month compared to $1,430 per month nationally. Local companies include P&A Manufacturing Corporation, Chesapeake Testing Services, Inc., Riehl's Feed Mill, and other small businesses that contribute to the local economy. People also enjoy low grocery costs with an index score of 106 versus 100 nationally making it more affordable to live there. In conclusion Charlton is a great place to call home with its low costs of living and close proximity to larger cities like Washington D.C.
Charlton has an unemployment rate of 5.6%. The US average is 6.0%.
Charlton has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Charlton
- The Sales Tax Rate for Charlton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Charlton 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 Charlton
- The average income of a Charlton resident is $49,765 a year. The US average is $37,638 a year.
- The Median household income of a Charlton resident is $0 a year. The US average is $69,021 a year.