Kent County, MD Economy


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United States / Maryland / No Metro Area / Kent County / Cities / Zip Codes
Kent, MD County is a great place to live. It has all the amenities one would expect from a county, with plenty of things to do. The rent for two-bedroom apartments is considerably lower than the national average at just $1,090 per month, making it a great option for those on a budget. The grocery cost index in Kent also stands at 100 compared to the US average of 100, making it an ideal location for families looking to save on food costs. In terms of businesses, there are plenty of local companies and restaurants in Kent that cater to locals and visitors alike. From popular chain eateries like Olive Garden and Applebee's to independent restauranteurs like Salty Dog Seafood Tavern and Mama Lucia's Italian Restaurant & Pizzeria, there's something for everyone here. Other local businesses include C&K Market for groceries, Beacon Station Antiques & Collectibles for vintage purchases, and Kent Cider Company for craft drinks!

Kent County has an unemployment rate of 5.5%. The US average is 6.0%.

Kent County has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 16.7%, which is lower than the US average of 33.5%.

Tax Rates for Kent County
- The Sales Tax Rate for Kent County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kent County is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Kent County
- The average income of a Kent County resident is $28,411 a year. The US average is $28,555 a year.
- The Median household income of a Kent County resident is $64,451 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKent, MarylandUnited States
  5.56
  -8.6%-6.2%
  16.7%33.5%
  6.0%6.2%
  7.6%4.6%
  $39,658$37,638
  $64,451$69,021
  $92,164$85,028
  Population by Occupation
  6.4%1.2%
  0.2%0.5%
  6.2%6.8%
  11.8%10.0%
  1.6%2.5%
  12.2%11.0%
  1.9%4.8%
  0.8%0.8%
  1.1%1.9%
  2.4%4.7%
  2.1%1.9%
  6.4%7.6%
  0.0%0.1%
  4.0%4.2%
  12.4%9.3%
  10.3%14.0%
  3.4%2.1%
  5.3%7.0%
  4.3%4.8%
  7.4%4.7%
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