Union Bridge, MD is a small town located in Carroll County. This quaint town boasts affordable housing with the average two bedroom rent costing $1,180 compared to the US average of $1,430. The cost of groceries in Union Bridge is only slightly higher than the national average with an index score of 102 compared to 100 in the US. There are several local stores around Union Bridge such as Ace Hardware, Lippy Brothers Meats & Groceries, and Union Bridge Supply Co. Residents can also enjoy outdoor activities at nearby Lake Linganore or take a trip to Liberty Town Center for shopping and entertainment.
Union Bridge has an unemployment rate of 4.2%. The US average is 6.0%.
Union Bridge has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Union Bridge
- The Sales Tax Rate for Union Bridge is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Union Bridge 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 Union Bridge
- The average income of a Union Bridge resident is $31,010 a year. The US average is $37,638 a year.
- The Median household income of a Union Bridge resident is $60,250 a year. The US average is $69,021 a year.