Rock Point, MD is a small city located in Maryland. It has a population of around 5,000 people and offers many amenities to its residents. The average rent for a two-bedroom home is $1,700, which is slightly more expensive than the national average of $1,430. Additionally, the grocery cost index in Rock Point is higher than the national average at 107 compared to 100. The city is home to several companies including Rock Point Salon and Spa, Rock Point Logistics and Storage Solutions, and Rock Point Auto Repair. These businesses provide important services for the local community and help contribute to the unique character of Rock Point.
Rock Point has an unemployment rate of 5.9%. The US average is 6.0%.
Rock Point 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 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Rock Point
- The Sales Tax Rate for Rock Point is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rock Point is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rock Point
- The average income of a Rock Point resident is $46,162 a year. The US average is $28,555 a year.
- The Median household income of a Rock Point resident is $89,333 a year. The US average is $69,021 a year.