Carroll, MD County is a great place to live with plenty of local companies to work for and an affordable cost of living. The average 2 bedroom rent in Carroll, MD County is only $1,550 per month compared to the US average of $1,430, making it an attractive option for those looking for housing. Additionally, the grocery cost index in Carroll is 103 versus 100 in the US which further emphasizes how more affordable it is than other areas. There are plenty of local businesses that contribute to the economy such as Taneytown Veterinary Hospital, McCathran Hall Woodworking, and Rockland Farm Service. Overall, Carroll, MD County has a lot to offer with its low cost of living and plentiful job opportunities.
Carroll County has an unemployment rate of 4.2%. The US average is 6.0%.
Carroll County has seen the job market increase by 0.7% 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 Carroll County
- The Sales Tax Rate for Carroll County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Carroll County 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 Carroll County
- The average income of a Carroll County resident is $36,936 a year. The US average is $28,555 a year.
- The Median household income of a Carroll County resident is $104,708 a year. The US average is $69,021 a year.