Newcomb, MD is a small town located in Garrett County. This community has a population of 2,165 people according to the 2020 United States Census. It is an ideal place for those looking for affordable housing with the average 2 bedroom rent at $1,210 per month compared to the US average of $1,430. Grocery Cost Index in Newcomb is 102 versus 100 in the US.
Newcomb offers a variety of different local businesses that are sure to meet all of your needs. Some popular companies include Newcomb Inn & Suites, Riverside Campground & Cabins, and Budget Lumber Company. Additionally, there are several restaurants worth trying such as Tolson’s Grill and Grindstone Farms Country Store. You can also find various outdoor activities like fishing and boating in the nearby Deep Creek Lake area and nature parks such as Swallow Falls State Park or Herrington Manor State Park. Whether you need shopping or recreational activities Newcomb has something for everyone!
Newcomb (zip 21653) has an unemployment rate of 5.4%. The US average is 6.0%.
Newcomb (zip 21653) has seen the job market decrease by -10.3% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Newcomb (zip 21653)
- The Sales Tax Rate for Newcomb (zip 21653) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newcomb (zip 21653) is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newcomb (zip 21653)
- The average income of a Newcomb (zip 21653) resident is $62,036 a year. The US average is $37,638 a year.
- The Median household income of a Newcomb (zip 21653) resident is $116,250 a year. The US average is $69,021 a year.