Queenstown, MD is an idyllic community located on the Eastern Shore of Maryland. It is situated near the beautiful Chesapeake Bay and offers a variety of activities for both residents and visitors alike. The average two bedroom rent in this area is just $1,560, which is slightly more than average when compared to other cities across the US at $1,430. Additionally, the Grocery Cost Index in Queenstown, MD is 106 versus 100 in the US, making it slightly less expensive than other areas for groceries.
Local companies such as The Queenstown Lumber Company provides quality lumber and building materials to its customers while The Queenstown Brewery serves up handcrafted beers from its taproom. Local attractions include the Chesapeake Bay Maritime Museum where visitors can explore interactive exhibits about the history of sailing and fishing within Chesapeake Bay while Upper Bay Adventures offers kayak and stand up paddle board rentals for those looking to explore nature outdoors on the tranquil waters of Queenstown's creeks.
Queenstown has an unemployment rate of 4.4%. The US average is 6.0%.
Queenstown has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Queenstown
- The Sales Tax Rate for Queenstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Queenstown 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 Queenstown
- The average income of a Queenstown resident is $41,080 a year. The US average is $28,555 a year.
- The Median household income of a Queenstown resident is $97,083 a year. The US average is $69,021 a year.