Shaft, MD is a small town located in the greater Washington D.C area. It has a population of around 8500 people, and is known for its low cost of living and access to amenities. Average rent for a 2 bedroom apartment in Shaft is $880, which is almost 40% less than the US average at $1430. Grocery costs are also relatively low compared to the US average with an index of 102 versus 100 in the US.
Shaft has many local companies including Shaft Construction Solutions, Shaft Electronics, and Shaft Medical Center. In terms of attractions there are many great museums such as The Shaft History Museum and The Children’s Museum of Shaft. There are also ample opportunities for outdoor activities like hiking, biking, camping, fishing, golfing and more.
Shaft has an unemployment rate of 6.9%. The US average is 6.0%.
Shaft 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 Shaft
- The Sales Tax Rate for Shaft is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shaft 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 Shaft
- The average income of a Shaft resident is $14,674 a year. The US average is $28,555 a year.
- The Median household income of a Shaft resident is $139,811 a year. The US average is $69,021 a year.