Brunswick, MD is a quaint city known for its affordable housing and lower than average cost of living. The average two bedroom rent in Brunswick is $1,070, significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index here is 106 versus 100 in the US. Local companies in Brunswick include Freedom Boat Club-Potomac River Division, Brown Distributing Company Inc., NVR Homes Design Studio and more. As an added bonus, Brunswick also offers a variety of outdoor activities that allow visitors to explore and enjoy nature with plenty of nearby parks and trails.
Brunswick has an unemployment rate of 4.9%. The US average is 6.0%.
Brunswick has seen the job market decrease by -6.5% 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 Brunswick
- The Sales Tax Rate for Brunswick is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Brunswick 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 Brunswick
- The average income of a Brunswick resident is $42,344 a year. The US average is $37,638 a year.
- The Median household income of a Brunswick resident is $96,659 a year. The US average is $69,021 a year.