Pondsville, MD Economy


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Pondsville, MD is a great place to live, with low cost of living. The 2 Bedroom Rent in Pondsville is significantly lower than the average of $1,430 for the US at only $1,110. The Grocery Cost Index is also 107 compared to the 100 national average which helps keep expenses to a minimum. There are several great employers in Pondsville such as ABC Company and XYZ Manufacturing that offer employment opportunities. Additionally, Pondsville offers many amenities such as public parks, local libraries and walking trails all within close proximity.

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

Pondsville 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 Pondsville
- The Sales Tax Rate for Pondsville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pondsville 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 Pondsville
- The average income of a Pondsville resident is $17,570 a year. The US average is $37,638 a year.
- The Median household income of a Pondsville resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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