New Windsor, MD Economy


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New Windsor, MD is a small town located in the heart of Carroll County. It is home to many businesses and attractions, including All-American Harley Davidson, a local motorcycle dealership; New Windsor Farm Market, a popular grocery store for fresh produce and other items; and The Lodge at Machpelah, an historic local inn. The town has an average 2 Bedroom Rent of $1,330 compared to the US average of $1,430. Additionally, the Grocery Cost Index in New Windsor is 103 versus 100 in the US. With its close proximity to Baltimore and Washington DC, it's no wonder why so many people choose to call New Windsor home.

New Windsor has an unemployment rate of 4.2%. The US average is 6.0%.

New Windsor has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.

Tax Rates for New Windsor
- The Sales Tax Rate for New Windsor is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Windsor 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 New Windsor
- The average income of a New Windsor resident is $29,431 a year. The US average is $28,555 a year.
- The Median household income of a New Windsor resident is $99,022 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Windsor, MarylandUnited States
  4.26
  -6.2%-6.2%
  31.3%33.5%
  6.0%6.2%
  7.8%4.6%
  $40,612$37,638
  $99,022$69,021
  $109,250$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  7.8%6.8%
  11.2%10.0%
  1.7%2.5%
  7.3%11.0%
  4.5%4.8%
  0.0%0.8%
  2.0%1.9%
  7.3%4.7%
  0.0%1.9%
  8.4%7.6%
  0.0%0.1%
  1.4%4.2%
  11.2%9.3%
  11.5%14.0%
  0.3%2.1%
  2.3%7.0%
  8.8%4.8%
  13.8%4.7%
Reviews for New Windsor
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I have lived in New Windsor Maryland for the past 20 years and I have watched this town run so many people out, with the high outrageous water bill, ($700) every  More

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