Fairplay, MD is a moderately sized town located in Maryland's Washington County. The town has a charming small-town vibe with plenty of local stores and businesses. Some of the well-known companies in Fairplay include The Washington County Library System, Sheely’s Farm Market, and Glenwood Farms. \nThe cost of living in Fairplay is quite reasonable compared to some other towns in Maryland. The rent for a two bedroom apartment is about $1,360 per month which is significantly lower than the US average rent at $1,430. Additionally, the grocery cost index in Fairplay is 107 when compared to 100 at the national level. This means that groceries are slightly more expensive than the US average but still quite affordable overall.
Fairplay has an unemployment rate of 5.6%. The US average is 6.0%.
Fairplay has seen the job market increase by 0.5% 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 Fairplay
- The Sales Tax Rate for Fairplay is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairplay 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 Fairplay
- The average income of a Fairplay resident is $42,129 a year. The US average is $28,555 a year.
- The Median household income of a Fairplay resident is $102,880 a year. The US average is $69,021 a year.