Ellerslie, MD Economy


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Ellerslie, MD is a small town located in Maryland. It is home to many local companies such as Ellerslie Hardware Store, Ellerslie Flower Shop, and Ellerslie Grocery Store. The cost of living in Ellerslie is very affordable with 2 bedroom rent at only $830 per month compared to the US rate which is $1,430. Groceries are also cheaper with the grocery cost index being 101 versus 100 in the US. Overall, Ellerslie is a great place to live with an affordable cost of living that makes it attractive for families and young professionals alike.

Ellerslie has an unemployment rate of 6.9%. The US average is 6.0%.

Ellerslie has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.

Tax Rates for Ellerslie
- The Sales Tax Rate for Ellerslie is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ellerslie is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ellerslie
- The average income of a Ellerslie resident is $34,336 a year. The US average is $37,638 a year.
- The Median household income of a Ellerslie resident is $47,120 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEllerslie, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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