Maryland, NY is a small but vibrant town located in the mid-Atlantic region of the United States. It features a relatively low cost of living compared to the rest of the nation, with two-bedroom rent averaging $1,000 and grocery costs at 98 index points compared to 100 nationally. Maryland is a great place to settle down and establish roots, with many businesses offering jobs in retail, hospitality, and technology. Notable companies include Maryland Electronics International Inc., Maryland Wine Distributors Inc., and Maryland Consulting Corporation. With its moderate cost of living and wide range of job opportunities, Maryland is an appealing option for people looking for a comfortable life.
Maryland has an unemployment rate of 6.3%. The US average is 6.0%.
Maryland has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Maryland
- The Sales Tax Rate for Maryland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Maryland is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Maryland
- The average income of a Maryland resident is $20,421 a year. The US average is $28,555 a year.
- The Median household income of a Maryland resident is $49,563 a year. The US average is $69,021 a year.