Scaggsville, MD is a small town located in Howard County. It has a population of about 9,000 people and offers easy access to both Baltimore and Washington D.C. Residents of Scaggsville enjoy an affordable cost of living—the median 2 bedroom rent is $2,020 compared to the US average of $1,430—as well as great food at local restaurants such as The Corner Crab House and Old Mink Farm. Grocery Cost Index in Scaggsville is 106 versus 100 in the US due to its excellent selection of grocery stores including Safeway, Kroger, Giant Food Stores and Food Lion. Additionally, several big companies like Verizon Wireless and Johns Hopkins Applied Physics Laboratory are located nearby.
Scaggsville has an unemployment rate of 4.5%. The US average is 6.0%.
Scaggsville has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Scaggsville
- The Sales Tax Rate for Scaggsville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scaggsville is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Scaggsville
- The average income of a Scaggsville resident is $59,218 a year. The US average is $37,638 a year.
- The Median household income of a Scaggsville resident is $164,632 a year. The US average is $69,021 a year.