Sharpsburg, MD is a small town located in Washington County with a population of 21782. The median 2 bedroom rent is $1,040 which is lower than the US median rent of $1,430. Since the area has a significantly lower cost of living, many locals are able to save more money and enjoy better quality of life. Grocery prices in Sharpsburg are also relatively low with an index score of 106 compared to the US average score of 100. Some local companies that contribute to the local economy include Bauserman's General Store, Amish Country Market, and Valley Inn Restaurant. These businesses not only provide employment opportunities for locals but also add to the unique character of Sharpsburg that attracts visitors from all over.
Sharpsburg (zip 21782) has an unemployment rate of 5.6%. The US average is 6.0%.
Sharpsburg (zip 21782) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Sharpsburg (zip 21782)
- The Sales Tax Rate for Sharpsburg (zip 21782) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sharpsburg (zip 21782) 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 Sharpsburg (zip 21782)
- The average income of a Sharpsburg (zip 21782) resident is $38,317 a year. The US average is $37,638 a year.
- The Median household income of a Sharpsburg (zip 21782) resident is $77,929 a year. The US average is $69,021 a year.