Westernport, MD is a small city with a population of about 3,000 people. This town is known for its diverse industrial base which supports several local companies including Westernport Seafoods, Westernport Electric Company and Bailey's Textiles. Rent in this area is significantly lower than the US average, with a 2 bedroom apartment costing only $810/month compared to the US' average of $1,430/month. Additionally, the cost of groceries in Westernport is slightly lower than the US index; with 99% versus 100%.
Westernport has an unemployment rate of 6.9%. The US average is 6.0%.
Westernport has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Westernport
- The Sales Tax Rate for Westernport is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westernport 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 Westernport
- The average income of a Westernport resident is $23,816 a year. The US average is $28,555 a year.
- The Median household income of a Westernport resident is $46,288 a year. The US average is $69,021 a year.