Millington, MD is a small town just outside of Washington DC with a population of around 10,000 people. This small-town charm has made it attractive to those looking for an affordable cost of living near the nation's capital. The median two bedroom rent in Millington is $1,180, which is significantly lower than the US median two bedroom rent of $1,430. Furthermore, the grocery cost index in Millington is 100 compared to 100 nationally; this makes it very affordable for families to buy groceries here.
The town has several local companies like D&R Associated Grocers and Davis Brothers Building Supply that help keep costs down for residents. It also boasts locally owned restaurants such as The Creamery and Landmark Café that give residents a wide variety of dining options without having to break the bank. All these factors combined make Millington a great place to live if you are looking for an affordable cost of living near Washington DC.
Millington has an unemployment rate of 5.5%. The US average is 6.0%.
Millington has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 16.7%, which is lower than the US average of 33.5%.
Tax Rates for Millington
- The Sales Tax Rate for Millington is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Millington 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 Millington
- The average income of a Millington resident is $24,958 a year. The US average is $37,638 a year.
- The Median household income of a Millington resident is $50,938 a year. The US average is $69,021 a year.