Leitersburg, MD Economy


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Leitersburg, MD is a quaint small town located about 20 miles northwest of Hagerstown. It has become popular for its relatively low rent costs and grocery costs compared to the national averages. Rent for a two bedroom apartment is $1,200 compared to the US average of $1,430, while the Grocery Cost Index in Leitersburg is 106 versus 100 in the US. The town itself offers plenty of local businesses and attractions for visitors and residents alike. Popular attractions include Whitetail Ski Resort & Golf Course, Leitersburg Ruritan Park, Cascade Falls Trailhead hiking trail, and The Mason-Dixon Historical Society & Museum. Some well-known businesses in the area include Leitersburg Cinema 4 Theatre, Home Pro Builders Inc., Wayne's Auto Body & Paint Shop, and M&M Auto Repair.

Leitersburg has an unemployment rate of 5.6%. The US average is 6.0%.

Leitersburg has seen the job market decrease by -5.9% 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 Leitersburg
- The Sales Tax Rate for Leitersburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Leitersburg 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 Leitersburg
- The average income of a Leitersburg resident is $23,223 a year. The US average is $37,638 a year.
- The Median household income of a Leitersburg resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeitersburg, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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