McCoole, MD is a small and pleasant town located in Washington county. The cost of living is much lower than most areas, with the 2 bedroom rent being only $980 compared to the national average of $1,430. Grocery costs are also much more affordable, as the index in McCoole is exactly the same as in the US: 100.
The town is home to several businesses that provide goods and services for residents. For example, there's McCoole Hardware Store, which provides everyday items as well as custom hardware pieces for home improvement projects. Another popular local business is Burtons Bakery which offers fresh-baked goods daily. West End Chevrolet provides car sales and service for all makes and models of vehicles. Finally, there's Do It All Plumbing and Heating which offers reliable plumbing service for residential homes and commercial buildings.
McCoole has an unemployment rate of 6.9%. The US average is 6.0%.
McCoole has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for McCoole
- The Sales Tax Rate for McCoole is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McCoole 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 McCoole
- The average income of a McCoole resident is $25,031 a year. The US average is $28,555 a year.
- The Median household income of a McCoole resident is $43,587 a year. The US average is $69,021 a year.