Crisfield, MD is a small city located in Somerset County. It is situated on the beautiful Chesapeake Bay, known for its scenic beauty and abundance of natural resources. The city is home to many businesses including seafood processing plants, fishing fleets, boatbuilding companies, and a number of retail stores. The local economy is supported by both commercial and recreational activities on the bay. Crisfield has a population of around 2,500 people and is an affordable place to live with average rent for a two-bedroom apartment costing $930 per month while the U.S. two-bedroom rent averages at $1,430 per month. Groceries also cost less in Crisfield than the US average with an index of 101 compared to 100 nationally.
Crisfield has an unemployment rate of 7.4%. The US average is 6.0%.
Crisfield has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Crisfield
- The Sales Tax Rate for Crisfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crisfield is 7.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Crisfield
- The average income of a Crisfield resident is $21,156 a year. The US average is $37,638 a year.
- The Median household income of a Crisfield resident is $36,146 a year. The US average is $69,021 a year.