Powellville, MD Economy


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Powellville, MD is a small town located in Maryland. The cost of living is relatively low compared to other towns in the area. Rent for a two bedroom apartment is $1,020 per month, which is $410 less than the US average. Grocery costs are also more affordable with an index score of 105 versus 100 on the US scale.
The town is home to several local businesses providing services to residents and visitors alike. Powellville Home Furnishings offers beautiful furniture and home decor, while Heiner’s Auto Repair provides quality car maintenance and repairs. For entertainment, you can visit McCarthy's Pub & Grill or King's Arcade for fun night out or weekend activities. Regardless of what you're looking for, there's something for everyone in Powellville, MD.

Powellville has an unemployment rate of 6.6%. The US average is 6.0%.

Powellville has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Powellville
- The Sales Tax Rate for Powellville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Powellville is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Powellville
- The average income of a Powellville resident is $19,332 a year. The US average is $28,555 a year.
- The Median household income of a Powellville resident is $65,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPowellville, MarylandUnited States
  6.66
  -6.7%-6.2%
  28.0%33.5%
  6.0%6.2%
  8.0%4.6%
  $37,369$37,638
  $65,313$69,021
Family Median Income 85028
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