Snow Hill, MD is an attractive small town with a population of 2,500. It’s located in the heart of rural Maryland yet has all the amenities of city life. The cost of living here is significantly lower than its larger neighbors, including a two-bedroom rent at $830 versus $1,430 nationally and a grocery cost index of 104 versus 100 in the US. Not only that, but it's home to some great local companies and businesses like Snow Hill Self Storage, Eastern Shore Physical Therapy and Fitness Center, and Pine Tree Veterinary Services. If you're looking for an affordable place to live with a variety of business opportunities, Snow Hill is definitely worth considering.
Snow Hill has an unemployment rate of 9.9%. The US average is 6.0%.
Snow Hill has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Snow Hill
- The Sales Tax Rate for Snow Hill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Snow Hill is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Snow Hill
- The average income of a Snow Hill resident is $19,853 a year. The US average is $28,555 a year.
- The Median household income of a Snow Hill resident is $50,069 a year. The US average is $69,021 a year.