Highland Beach, Maryland is a small beach town located on the Chesapeake Bay. With a population of just under 600, Highland Beach is known for its quiet atmosphere and peaceful coastal views. The cost of living in Highland Beach is slightly higher than the national average: two bedroom rent in Highland Beach is $2,070 versus $1,430 across the US. Additionally, groceries in Highland Beach have an index score of 106 compared to 100 nationally. Local businesses such as Gesticas Floral Design and Glendale Liquors are popular among locals looking for quality products at reasonable prices. In general, living in Highland Beach can be expensive but many prefer it for its unique amenities and breathtaking views.
Highland Beach has an unemployment rate of 4.9%. The US average is 6.0%.
Highland Beach has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Highland Beach
- The Sales Tax Rate for Highland Beach is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Highland Beach is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Highland Beach
- The average income of a Highland Beach resident is $58,270 a year. The US average is $28,555 a year.
- The Median household income of a Highland Beach resident is $125,000 a year. The US average is $69,021 a year.