21561 Swanton, MD is a great place to live as it offers both an affordable cost of living and easy access to a number of companies. The 2 bedroom rent in this area is only $820 compared to the U.S. average of $1,430, which makes it attractive for those looking for a more economical option. Additionally, the Grocery Cost Index in this spot is 107 compared to 100 in the US, making groceries more affordable than most places. Local companies like the Clary-Shy Community Library and Divine Fire Boar Company are popular among residents in 21561 Swanton, MD due to their convenience and services offered. There are also plenty of amenities nearby such as parks, golf courses, shopping centers and restaurants for residents to enjoy.
Swanton (zip 21561) has an unemployment rate of 5.9%. The US average is 6.0%.
Swanton (zip 21561) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Swanton (zip 21561)
- The Sales Tax Rate for Swanton (zip 21561) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Swanton (zip 21561) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Swanton (zip 21561)
- The average income of a Swanton (zip 21561) resident is $44,759 a year. The US average is $37,638 a year.
- The Median household income of a Swanton (zip 21561) resident is $65,647 a year. The US average is $69,021 a year.