Havre de Grace, MD Economy


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Havre de Grace, MD is a small city located in Harford County on the banks of the Susquehanna River. It is a historic town with charming architecture, a vibrant downtown area, and easy access to both Baltimore and Philadelphia. Residents benefit from a low cost of living compared to the national average; two bedroom rent prices being $1,220 versus $1,430 nationally and the grocery cost index at 102 compared to 100 nationwide. Notable employers in Havre de Grace include Aberdeen Proving Ground military base, Merritt Athletic Club Health & Fitness Center, and Bayview Healthcare Center. The community offers plenty of entertainment opportunities including live theater performances from Candlelight Concerts Society and outdoor activities along the river like kayaking and fishing.

Havre de Grace has an unemployment rate of 5.0%. The US average is 6.0%.

Havre de Grace has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Havre de Grace
- The Sales Tax Rate for Havre de Grace is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Havre de Grace 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 Havre de Grace
- The average income of a Havre de Grace resident is $37,567 a year. The US average is $28,555 a year.
- The Median household income of a Havre de Grace resident is $86,576 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHavre de Grace, MarylandUnited States
  56
  -6.2%-6.2%
  31.2%33.5%
  6.0%6.2%
  7.8%4.6%
  $50,253$37,638
  $86,576$69,021
  $109,320$85,028
  Population by Occupation
  0.0%1.2%
  0.2%0.5%
  5.5%6.8%
  6.4%10.0%
  1.2%2.5%
  11.8%11.0%
  5.5%4.8%
  0.1%0.8%
  0.6%1.9%
  2.5%4.7%
  1.8%1.9%
  9.8%7.6%
  0.0%0.1%
  2.9%4.2%
  11.1%9.3%
  12.6%14.0%
  2.4%2.1%
  6.7%7.0%
  5.0%4.8%
  14.0%4.7%
Reviews for Havre de Grace
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Over 10 years ago

Very moderate all year round with a few extreme hot & cold days thrown  More

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Over 18 years ago

the cost of housing has slowed down from the nearly one year rapid increace of housing cost. I don't know how the brac will effect us in the near furture  More

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Over 19 years ago

I have relatives who moved to Havre de Grace, or as they call it, HDG a couple of years ago and they love it. It is a beautiful area. It will be developed over the  More

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