Jugtown, MD is a small town located in Maryland that is known for its friendly demeanor and low cost of living. It's two bedroom rent, at an average of $1,200 per month, is quite affordable when compared to the US average of $1,430 for the same size unit. The grocery cost index in Jugtown is also quite low compared to the rest of the nation - with 106 versus 100 respectively - making it one of the most economical places to live in Maryland.
The local companies which call Jugtown home include several food retailers such as Five Guys Burgers and Fries, Wegmans Food Market and Bud’s Small Batch Farm Market. Other popular businesses are Rocky Road Mini-Golf Course, Riverside Golf Center and Jugtown Coffee House. These stores offer residents a variety of options for shopping and entertainment within their own city limits.
Overall, Jugtown offers residents an affordable lifestyle with multiple amenities available within their community. With its low rental costs and grocery expenses as well as its great selection of local businesses, Jugtown provides great value for those looking to settle down in Maryland.
Jugtown has an unemployment rate of 5.6%. The US average is 6.0%.
Jugtown has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Jugtown
- The Sales Tax Rate for Jugtown is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Jugtown is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Jugtown
- The average income of a Jugtown resident is $33,976 a year. The US average is $28,555 a year.
- The Median household income of a Jugtown resident is $171,771 a year. The US average is $69,021 a year.