Summerfield, MD is a great place to live for those looking for affordability and convenience. The two bedroom rent in Summerfield, MD is $1,600 – which is lower than the US average of $1,430 – making it a great option for families on a budget. Additionally, despite being slightly higher than the US average of 100, the Grocery Cost Index in Summerfield is still relatively low at 106, meaning groceries are more affordable compared to other areas.
As well as being affordable and convenient to live in, Summerfield also has plenty of local businesses that make living there even better. For example, there's La Cocina Mexican Restaurant & Bakery that serves delicious Mexican food (and amazing pastries) and The Mason Jar Coffee House that offers freshly brewed coffee every day. There's also the nearby Mariner Point Park with its breathtaking views and plenty of outdoor activities like fishing and picnicking available.
Overall, Summerfield is an attractive place to live due to its affordability and convenience as well as its wide range of local businesses and attractions. With all these factors combined together it’s no wonder why so many people choose this charming Maryland city as their home!
Summerfield has an unemployment rate of 7.8%. The US average is 6.0%.
Summerfield 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 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Summerfield
- The Sales Tax Rate for Summerfield is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Summerfield 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 Summerfield
- The average income of a Summerfield resident is $33,765 a year. The US average is $28,555 a year.
- The Median household income of a Summerfield resident is $83,949 a year. The US average is $69,021 a year.