Rising Sun, MD is a small town located in Cecil County, Maryland. It offers an affordable cost of living with a 2 bedroom rent at $1,420 which is lesser than the US average at $1,430. The Grocery Cost Index in Rising Sun is also lower than the national average at 101 versus 100. There are many local businesses and companies operating within the area such as the Rising Sun Family Pharmacy, Greentree Home Furnishings, and E.C. Bakery Inc., among others. These businesses provide employment opportunities to local residents and offer goods or services to them as well.
Rising Sun has an unemployment rate of 5.3%. The US average is 6.0%.
Rising Sun has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Rising Sun
- The Sales Tax Rate for Rising Sun is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Rising Sun is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rising Sun
- The average income of a Rising Sun resident is $32,091 a year. The US average is $37,638 a year.
- The Median household income of a Rising Sun resident is $75,735 a year. The US average is $69,021 a year.