Barrelville, MD is a small town with a population of about 4,000 people and is located just south of the Maryland-Pennsylvania border. It offers great affordability with two bedroom rent at $930 compared to the US average of $1,430. Living costs are also quite low with a Grocery Cost Index of 99 when compared to 100 in the US. This makes Barrelville an attractive option for those looking for value in their living community. The town is home to several local businesses such as Barrelville Bakery, Main Street Café & Deli, and Averill’s Pharmacy. These companies provide the residents with quality goods and services and are integral to sustaining the local economy.
Barrelville has an unemployment rate of 6.9%. The US average is 6.0%.
Barrelville 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 Barrelville
- The Sales Tax Rate for Barrelville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Barrelville 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 Barrelville
- The average income of a Barrelville resident is $14,961 a year. The US average is $28,555 a year.
- The Median household income of a Barrelville resident is $42,841 a year. The US average is $69,021 a year.