Coral Hills, MD is a desirable place to live in the US with its high quality of life. Not only does it offer affordable housing costs compared to national averages, but also has an array of amenities and local businesses for residents to explore. Companies such as The UPS Store, Subway restaurants, and Walgreens are popular choices in the area. Furthermore, the Grocery Cost Index in Coral Hills, MD is 106 when compared to the US average of 100. This indicates that groceries may be a bit more expensive than usual. All in all, with things like rent being lower than average and plenty of local companies available to choose from, Coral Hills is an ideal location for many people looking for a safe and comfortable place to call home.
Coral Hills has an unemployment rate of 7.8%. The US average is 6.0%.
Coral Hills 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 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Coral Hills
- The Sales Tax Rate for Coral Hills is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Coral Hills is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Coral Hills
- The average income of a Coral Hills resident is $35,270 a year. The US average is $37,638 a year.
- The Median household income of a Coral Hills resident is $71,766 a year. The US average is $69,021 a year.