Pocomoke City, MD is a great place for those looking to live in a smaller town with access to larger cities nearby. The cost of living is relatively low compared to the rest of the US; 2 bedroom rent in Pocomoke City is only $870 versus $1430 in other US cities and the Grocery Cost Index is 103 versus 100 in the US. Residents can enjoy small town life without sacrificing on amenities; local companies such as American Classic Records, Harrison Real Estate Group, and Re/Max Premier Properties offer services for residents. With comparatively low rent prices, grocery costs, and other accessibilities, Pocomoke City's cost of living makes it an ideal area for those seeking a tranquil, budget-friendly lifestyle.
Pocomoke City has an unemployment rate of 9.9%. The US average is 6.0%.
Pocomoke City has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Pocomoke City
- The Sales Tax Rate for Pocomoke City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pocomoke City is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pocomoke City
- The average income of a Pocomoke City resident is $17,883 a year. The US average is $28,555 a year.
- The Median household income of a Pocomoke City resident is $45,781 a year. The US average is $69,021 a year.