Pinesburg, MD Economy


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Pinesburg, MD is a great place to call home for many reasons. The cost of living in Pinesburg is lower than the average throughout the United States, particularly rent prices for two-bedroom apartments which are about $1,030 compared to $1,430 nationwide. Grocery costs are also about 6% lower than the US average index of 100. Local businesses such as Joe's Garage and Smith's Bakery make up the local economy of Pinesburg. With its competitive costs of living and friendly community atmosphere, Pinesburg is an attractive option for anyone looking for a new home or place to do business.

Pinesburg has an unemployment rate of 5.6%. The US average is 6.0%.

Pinesburg has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Pinesburg
- The Sales Tax Rate for Pinesburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pinesburg 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 Pinesburg
- The average income of a Pinesburg resident is $21,391 a year. The US average is $37,638 a year.
- The Median household income of a Pinesburg resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPinesburg, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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