Midland, MD is a small town located in the eastern part of Maryland. The cost of living in Midland is relatively low compared to other areas in the state, with 2 bedroom rent costing $870 as opposed to the US average of $1,430. Furthermore, the grocery cost index in Midland is 99 compared to 100 in the US. This makes Midland an attractive option for those looking for affordable living without sacrificing too much quality. Local companies in Midland include Family Dollar, AutoZone and McDonald's. Overall, Midland is an ideal place for those looking for a low-cost lifestyle with a few amenities nearby.
Midland has an unemployment rate of 6.9%. The US average is 6.0%.
Midland 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 Midland
- The Sales Tax Rate for Midland is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midland 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 Midland
- The average income of a Midland resident is $21,330 a year. The US average is $28,555 a year.
- The Median household income of a Midland resident is $48,750 a year. The US average is $69,021 a year.