West Ocean City, MD is a beautiful coastal town in Maryland. It offers residents all the amenities of a larger city without sacrificing its small town charm. The cost of living in West Ocean City is quite reasonable compared to the national average. Two bedroom rent is $1,000 which is significantly lower than the US average at $1,430. Additionally, the cost of groceries are also slightly lower than the US with an index score of 107 versus 100 in the US. Popular local companies include T&A Oyster Company, Sunshine Kids Fishing Charters and Fritts Funnel Cakes. With its low cost of living and unique businesses, West Ocean City is a great place for people looking for an affordable yet exciting place to call home.
West Ocean City has an unemployment rate of 9.9%. The US average is 6.0%.
West Ocean City 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 23.0%, which is lower than the US average of 33.5%.
Tax Rates for West Ocean City
- The Sales Tax Rate for West Ocean City is 6.0%. The US average is 7.3%.
- The Income Tax Rate for West Ocean City is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for West Ocean City
- The average income of a West Ocean City resident is $35,685 a year. The US average is $28,555 a year.
- The Median household income of a West Ocean City resident is $84,107 a year. The US average is $69,021 a year.