Finzel, MD Economy


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United States / Maryland / No Metro Area / Garrett County / Finzel / Zip Codes
Finzel, MD is small town located in Western Maryland with a population of about 598 people. It is an ideal place for families looking to settle down in a quaint and peaceful environment. The cost of living in Finzel is relatively low, with 2 bedroom rent averaging at $880 compared to the US average of $1,430. In addition, local grocery costs are just 2% higher than the national average, making Finzel a great place for those who want to cut back on expenses while still enjoying access to quality goods and services. For employment options, some local businesses include Zeto's Heating & Air Conditioning, Fitzpatrick’s Auto Supply Center as well as three churches located within close proximity.

Finzel has an unemployment rate of 5.9%. The US average is 6.0%.

Finzel has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Finzel
- The Sales Tax Rate for Finzel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Finzel is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Finzel
- The average income of a Finzel resident is $30,401 a year. The US average is $37,638 a year.
- The Median household income of a Finzel resident is $100,172 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFinzel, 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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