North East, MD is an area of great opportunity, with the average 2 bedroom rent being only slightly higher than the national average. Furthermore, its Grocery Cost Index is 101 versus the US’s 100, making it a more affordable option for people looking to settle down in an area with plenty of resources and amenities. Local companies that are popular in North East include the NECEC (Northeast Community Education Center), which offers a wide range of educational programs for kids and adults; and Head Start, an organization dedicated to providing quality early childhood education to low-income families. Additionally, there are many restaurants and small businesses that bring life to this vibrant town. The city also boasts several parks where residents can take part in various activities such as biking or picnicking. With so much to offer, North East is an ideal place for those looking for a place to live with plenty of options for entertainment or learning.
North East has an unemployment rate of 5.3%. The US average is 6.0%.
North East has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for North East
- The Sales Tax Rate for North East is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North East 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 North East
- The average income of a North East resident is $39,494 a year. The US average is $37,638 a year.
- The Median household income of a North East resident is $76,250 a year. The US average is $69,021 a year.