Taylors Island, MD is a small town located in Maryland's Dorchester County. It is known for its natural beauty and peaceful community. The median 2 bedroom rent in Taylors Island is $990 which is much lower than the US average of $1,430. The Grocery Cost Index in Taylors Island is also cheaper than the US average with an index score of 104. Local companies include Mr Kool's Seafood House, Waterfront Cafe & Merchantile, and The Garden Gate Horticulture Center. Visitors can explore the area's natural beauty by visiting Blackwater National Wildlife Refuge or fishing at Taylors Island Sanctuary. There are also several local restaurants that offer fresh seafood and other tasty dishes!
Taylors Island has an unemployment rate of 6.3%. The US average is 6.0%.
Taylors Island has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Taylors Island
- The Sales Tax Rate for Taylors Island is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Taylors Island is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Taylors Island
- The average income of a Taylors Island resident is $31,212 a year. The US average is $28,555 a year.
- The Median household income of a Taylors Island resident is $49,219 a year. The US average is $69,021 a year.