Dorchester, MD County is a vibrant and diverse community located in the state of Maryland. It is home to a variety of businesses, including Dorchester County Public Schools, Baywater Properties, Inter-County Disposal & Recycling Inc., and True Value Home Improvement. The county’s median two bedroom rent of $990 is well below the national average of $1,430, making it an affordable place to live. Additionally, the Grocery Cost Index for Dorchester County is 99 compared to 100 in the US as a whole, making basic essentials more affordable for residents.
Dorchester County has an unemployment rate of 6.3%. The US average is 6.0%.
Dorchester County has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Dorchester County
- The Sales Tax Rate for Dorchester County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dorchester County is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Dorchester County
- The average income of a Dorchester County resident is $26,755 a year. The US average is $28,555 a year.
- The Median household income of a Dorchester County resident is $55,652 a year. The US average is $69,021 a year.