21811 Ocean Pines, MD is an idyllic place to call home. With a two-bedroom rent of $1,150 compared to the national average of $1,430, the cost of living in this area is more affordable than many other places. Additionally, the Grocery Cost Index is higher than the national average at 107 versus 100 in the US. This means that it's still possible to buy groceries at a reasonable price.
The local economy of 21811 Ocean Pines, MD consists of several businesses including Harrison's Country Store for pet supplies and feed, By The Bay Produce for fresh fruits and vegetables and Coastal Coffee Roasters for delicious coffee beans. There are also plenty of restaurants such as Northside Deli and Subs for classic sandwiches and Big Surf Cafe serving up island-style cuisine. In addition to these shops and eateries, there are also banks like BB&T Bank and TowneBank to serve all your financial needs.
Ocean Pines (zip 21811) has an unemployment rate of 9.9%. The US average is 6.0%.
Ocean Pines (zip 21811) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Ocean Pines (zip 21811)
- The Sales Tax Rate for Ocean Pines (zip 21811) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ocean Pines (zip 21811) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ocean Pines (zip 21811)
- The average income of a Ocean Pines (zip 21811) resident is $34,228 a year. The US average is $28,555 a year.
- The Median household income of a Ocean Pines (zip 21811) resident is $79,337 a year. The US average is $69,021 a year.