Easton, MD is an appealing place to live in due to its lower cost of living when compared to the US. The 2 bedroom rent in Easton is $1,230 compared to the US average of $1,430. Grocery costs are also lower in Easton with a Grocery Cost Index of 102 compared to the 100 index in the US. Easton is a great choice for those looking to save on their housing and grocery costs. This charming town attracts many young professionals and retirees alike and has a population of around 16,500 people. The local companies that make up Easton's vibrant economy include Talbot Bank, Tilghman Island Seafood Company, Tuckahoe Steam & Electric Plant Tours, and Bob Evans Restaurant.
Easton has an unemployment rate of 5.4%. The US average is 6.0%.
Easton has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Easton
- The Sales Tax Rate for Easton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Easton is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Easton
- The average income of a Easton resident is $29,985 a year. The US average is $28,555 a year.
- The Median household income of a Easton resident is $72,771 a year. The US average is $69,021 a year.