Sandy Hook, MD Economy


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Sandy Hook, Maryland is a small town located in the Eastern Shore region. This quaint community has a population of nearly 2,000 people and offers an array of attractions for its residents. Those looking to rent a two-bedroom apartment will find that prices are higher than the national average at $1,610, while groceries cost more than the US Index as well at 107. The town boasts a variety of local businesses such as The Homestead Grocery, Sandy Hook Family Restaurant, and Coastline Marine Services. There is also an abundance of outdoor activities and cultural experiences for those who choose to live in Sandy Hook.

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

Sandy Hook has seen the job market increase by 0.5% 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 Sandy Hook
- The Sales Tax Rate for Sandy Hook is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sandy Hook 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 Sandy Hook
- The average income of a Sandy Hook resident is $11,152 a year. The US average is $28,555 a year.
- The Median household income of a Sandy Hook resident is $50,795 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySandy Hook, MarylandUnited States
  5.66
  -5.9%-6.2%
  24.5%33.5%
  6.0%6.2%
  7.6%4.6%
  $21,057$37,638
  $50,795$69,021
Family Median Income 85028
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