Wicomico County, MD Economy


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United States / Maryland / / Wicomico County / Cities / Zip Codes
Wicomico, MD County is a great place to live. It is known for its affordability; with 2 bedroom rents at $1,130, it is significantly lower than the national average of $1,430. Additionally, the cost of groceries in Wicomico are 4% lower than most other places in the US. The county offers a variety of opportunities for residents; it has a thriving business community with many reputable companies such as Perdue Farms and Delmarva Power. It also has some interesting attractions like Salisbury Zoo and Poplar Hill Mansion which make it a unique and desirable place to live.

Wicomico County has an unemployment rate of 6.6%. The US average is 6.0%.

Wicomico County has seen the job market decrease by -6.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Wicomico County
- The Sales Tax Rate for Wicomico County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wicomico County is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wicomico County
- The average income of a Wicomico County resident is $31,487 a year. The US average is $37,638 a year.
- The Median household income of a Wicomico County resident is $63,610 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWicomico, 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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