Elkton, MD is a charming town located in Cecil County. It has a population of 15,443 people according to the US Census Bureau and offers an affordable cost of living. The two-bedroom rent averages around $1,520 while the US average for the same type of rental is $1,430. Grocery costs are slightly higher than the US average index of 100 with Elkton’s index at 101.
The town has several attractions such as the Skydive Chesapeake drop zone which offers tandem skydiving experiences and lessons. There is also the Historic Elk Landing where visitors can enjoy a relaxing afternoon touring some of the area’s most historic buildings. For those interested in history or architecture there is also the Old Presbyterian Church and Cemetery or visit Turkey Point Lighthouse which dates back to 1833.
Local businesses in Elkton include Coldwell Banker Residential Brokerage House, Whiteford Taylor & Preston LLP, and TTT Trucking LLC. For those who love outdoor activities there are several parks and trails including Uplands Park Nature Preserve as well as Fair Hill Natural Resources Management Area offering camping opportunities and trails perfect for hiking and biking.
Elkton (zip 21921) has an unemployment rate of 5.3%. The US average is 6.0%.
Elkton (zip 21921) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Elkton (zip 21921)
- The Sales Tax Rate for Elkton (zip 21921) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Elkton (zip 21921) 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 Elkton (zip 21921)
- The average income of a Elkton (zip 21921) resident is $34,745 a year. The US average is $37,638 a year.
- The Median household income of a Elkton (zip 21921) resident is $76,214 a year. The US average is $69,021 a year.