Wicomico County · Maryland · South · 33k residents
Salisbury, MD: economy, jobs & business costs
The site-selection read on Salisbury: labor costs, talent, corporate tax, energy, and business activity, with the Maryland median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,131/wk. Maryland's corporate income tax rate is 8.25%. Commercial electricity averages 13.0¢/kWh.
Compare Salisbury side by side
Avg. weekly wage
$1,131/wk
Corporate income tax
8.25%
Bachelor's degree or higher
25.7%
Commercial electricity
13.0¢/kWh
Economic momentum
How fast Salisbury's economy is moving, ranked against the US cities we track.
42/100
Steady
Ranks Salisbury's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $227,300 |
| Price per sq. ft. | $250 |
| Property tax rate | 1.05% |
| 1-bedroom rent | $902/mo |
| 2-bedroom rent | $1,361/mo |
| State & local income tax | 7.6% |
| Sales tax | 6% |
| Corporate income tax | 8.25% |
| Avg. weekly wage | $1,131/wk |
| Bachelor's degree or higher | 25.7% |
| Commercial electricity | 13.0¢/kWh |
| Businesses per 1k residents | 25.3/1k |
| Wage: Software developer | $116,380 |
| Wage: Registered nurse | $94,880 |
| Wage: General manager | $91,500 |
| Wage: Customer service | $37,260 |
| Wage: Warehouse worker | $39,450 |
| Wage: Heavy truck driver | $54,360 |
| Wage: Electrician | $58,940 |
| Wage: Retail salesperson | $33,010 |
| Cost of living index | 95 |
| Groceries index | 105 |
| Utilities | $190/mo |
| Transit pass | $77/mo |
| Gas price | $3.35/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,400/mo |
| Median household income | $58,576 |
| Unemployment rate | 2.8% |
| Population | 33k |
| Crime index | 52/100 |
| School rating | 6.2/10 |
| Walkability | 30/100 |
| Disaster risk | 61/100 |
| Avg. commute | 32 min |
| Sunny days / year | 213 days |
| July high | 89°F |
| January low | 29°F |
| Annual snowfall | — |
| Home price YoY | +1.5% |
| Home price MoM | -0.1% |
| Rent YoY | +6.7% |
| Rent MoM | +1.0% |
| Employment (jobs) YoY | +0.3% |
| Building permits YoY | -28.2% |
| Ocean coast | 28 mi |
| Big lake | 180 mi |
| Mountains | 150 mi |
| Major airport | 81 mi |
| Ski resort | 170 mi |
Popular comparisons
Nearby
- Easton, MD · 17k
- Annapolis, MD · 41k
- Parole, MD · 17k
- Arnold, MD · 24k
- Lake Shore, MD · 18k
Similar size
- Pikesville, MD · 34k
- Montgomery Village, MD · 34k
- Pasadena, MD · 34k
- College Park, MD · 35k
- Middle River, MD · 32k
Real listings in Salisbury
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Salisbury a good place to run a business?
- Maryland's corporate income tax rate is 8.25%; average weekly wages in the surrounding labor market run $1,131/wk; commercial electricity averages 13.0¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Salisbury, MD?
- Salisbury indexes at 95 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,361/mo and a acs median home value of $227,300.
- How much does a house cost in Salisbury?
- The acs median home value in Salisbury is $227,300 (Census ACS estimate; individual listings vary).
- How much is rent in Salisbury?
- A two-bedroom in Salisbury rents for about $1,361/mo.