Nanticoke, MD 21840 is a small town located in the Eastern Shore region of Maryland. The cost of living is relatively affordable, with a 2 bedroom rental price of $1,140 per month. This rate is significantly lower than the national average of $1,430 per month for the same type of home. Grocery costs are also lower than elsewhere in the US with an index score of 102 versus 100 nationwide.
Nanticoke offers residents easy access to a range of local amenities and businesses. Popular stores include O'Neal's Discount Store, Pizza Palace Plus and Nanticoke Pharmacy & Gifts, as well as convenient stops such as BP gas station and Dollar General. Other area attractions include the Nanticoke River Maritime Museum and nearby Tangier Island for some relaxation or exploration time.
Nanticoke (zip 21840) has an unemployment rate of 6.6%. The US average is 6.0%.
Nanticoke (zip 21840) 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Nanticoke (zip 21840)
- The Sales Tax Rate for Nanticoke (zip 21840) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nanticoke (zip 21840) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Nanticoke (zip 21840)
- The average income of a Nanticoke (zip 21840) resident is $23,747 a year. The US average is $28,555 a year.
- The Median household income of a Nanticoke (zip 21840) resident is $80,724 a year. The US average is $69,021 a year.