Cavetown, MD is a great place to live with affordable rent. The average two bedroom rent is $1,110 compared to the national average of $1,430. Shopping costs are also more economical in Cavetown as its Grocery Cost Index is 107 versus the US index of 100. Local businesses in Cavetown include Big Bob's Burgers and Batch Brewing Company which offer delicious food and drinks. Schools in the area include Cavetown Elementary school and Stoneridge High School which provide excellent education to local children. Attractions in Cavetown include the adventure park and swimming pool at Bethel Park which offers plenty of fun activities for all ages and interests.
Cavetown has an unemployment rate of 5.6%. The US average is 6.0%.
Cavetown has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Cavetown
- The Sales Tax Rate for Cavetown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cavetown is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cavetown
- The average income of a Cavetown resident is $39,813 a year. The US average is $37,638 a year.
- The Median household income of a Cavetown resident is $92,779 a year. The US average is $69,021 a year.