Middle River, MD is a small town located just outside of Baltimore. It is an attractive area for many due to its affordable housing and cost of living. The average two bedroom rent price in Middle River is $1,360 compared to the US average of $1,430. The Grocery Cost Index in Middle River is 101 versus 100 in the US, making it comparable with other cities across the nation. Local companies that can be found in Middle River include: APG FCU (credit union), Bank of America, Dollar Tree, and Giant Food. With the lower than average rent rates and grocery costs, Middle River provides an inviting atmosphere for people on a budget while still keeping all the necessary amenities close by.
Middle River has an unemployment rate of 6.0%. The US average is 6.0%.
Middle River 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 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Middle River
- The Sales Tax Rate for Middle River is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Middle River 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 Middle River
- The average income of a Middle River resident is $25,589 a year. The US average is $28,555 a year.
- The Median household income of a Middle River resident is $67,306 a year. The US average is $69,021 a year.