Caroline, MD County is a great place to live for those looking for an affordable and convenient lifestyle. With a two bedroom rent of just $1,050 compared to the US average of $1,430, it's easy to see why Caroline is becoming increasingly popular. The county boasts a low cost of living with a grocery cost index of 100 which is equal to that of the national average. There are plenty of local businesses in Caroline such as ExxonMobil, PetSmart, and Walmart that make up its vibrant economy. With its great atmosphere and affordability, Caroline is sure to be your perfect new home.
Caroline County has an unemployment rate of 4.9%. The US average is 6.0%.
Caroline County has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Caroline County
- The Sales Tax Rate for Caroline County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Caroline County is 7.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Caroline County
- The average income of a Caroline County resident is $25,193 a year. The US average is $28,555 a year.
- The Median household income of a Caroline County resident is $63,027 a year. The US average is $69,021 a year.