Pomfret, MD Economy


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Pomfret, MD is a town known for its small-town charm and vibrant businesses. With an affordable 2 Bedroom Rent of $1,780 and a Grocery Cost Index of 108 as compared to the US 100, it's no wonder why Pomfret is such an attractive community for families. Local companies in this area include Acclaimed Appliance Repair, DC Construction Inc., Apple Tree Daycare Centre, and Aflac Insurance Agency. These businesses provide essential services to the local community and help keep Pomfret vibrant and growing.

Pomfret has an unemployment rate of 5.9%. The US average is 6.0%.

Pomfret has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Pomfret
- The Sales Tax Rate for Pomfret is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pomfret 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 Pomfret
- The average income of a Pomfret resident is $48,801 a year. The US average is $37,638 a year.
- The Median household income of a Pomfret resident is $102,309 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPomfret, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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