Grahamtown, MD is a small town located in Maryland with a growing population. The cost of rent for two-bedroom apartments in Grahamtown is $880 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Grahamtown is 102 versus 100 in the US, indicating that groceries are slightly more expensive than the national average.
This small town has many interesting local attractions such as Grafton National Park and River Ridge Mall. Local companies include Graham's Garage, Springfield Floral Company, and Kitchen Kafe.
Overall, life in Grahamtown is a bit cheaper than in other parts of the country; however, there are some higher costs when it comes to food items. Despite this fact, locals and tourists alike continue to flock to Grahamtown to enjoy all that it has to offer.
Grahamtown has an unemployment rate of 6.9%. The US average is 6.0%.
Grahamtown has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Grahamtown
- The Sales Tax Rate for Grahamtown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grahamtown is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grahamtown
- The average income of a Grahamtown resident is $28,766 a year. The US average is $28,555 a year.
- The Median household income of a Grahamtown resident is $44,904 a year. The US average is $69,021 a year.