Adamstown, MD is an attractive city for people looking to move due to its low cost of living and abundance of local businesses. The average two bedroom rent in Adamstown is just $1,650 per month compared to the US average of $1,430. The grocery cost index for Adamstown stands at 112 vs 100 in the US. Local businesses such as Walter's Hardware and Donut Heaven provide residents with quality goods and services. Adamstown also offers numerous restaurants, cafes, and boutiques which together combine to create a bustling community atmosphere. In conclusion, Adamstown offers a great quality of life at an affordable price.
Adamstown has an unemployment rate of 4.9%. The US average is 6.0%.
Adamstown has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Adamstown
- The Sales Tax Rate for Adamstown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Adamstown is 7.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Adamstown
- The average income of a Adamstown resident is $37,258 a year. The US average is $28,555 a year.
- The Median household income of a Adamstown resident is $161,429 a year. The US average is $69,021 a year.