Klondike, MD Economy


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Klondike, MD is a great place to consider living. This small town offers affordable housing options, with an average two-bedroom rent of $880 compared to the US average of $1,430. Grocery costs are also lower than the national average, with a cost index of 102 versus the US average of 100. Local businesses in Klondike include Zim's Hardware Store, Klondike Carpets & Flooring Services, and Moore Lumber Company. The community is home to a number of churches as well as recreational activities such as fishing on nearby Spring Creek Lake. With its affordability and quaint charm, Klondike is a great place for families or those looking for a laid-back lifestyle.

Klondike has an unemployment rate of 6.9%. The US average is 6.0%.

Klondike 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 Klondike
- The Sales Tax Rate for Klondike is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Klondike 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 Klondike
- The average income of a Klondike resident is $16,038 a year. The US average is $28,555 a year.
- The Median household income of a Klondike resident is $75,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKlondike, MarylandUnited States
  6.96
  -7.1%-6.2%
  24.6%33.5%
  6.0%6.2%
  7.8%4.6%
  $15,380$37,638
  $75,625$69,021
Family Median Income 85028
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