Cost of Business
State Tax Rank
| State | Corporate | Sales |
| Maryland | 19 | 8 |
Source: Tax Foundation; 2016 State Business Tax Climate Index
State Unemployment Insurance Rate
| State | Minimum | Maximum | Taxable Wage Base |
| Maryland | .006% | .09% | $18,500 |
Source: Tax Foundation, 2016
State Sales Tax Rate
| State | Rate |
| Maryland | 6.0% |
Source: Tax Foundation, 2016
Property Taxes
| State | Average Local Income Tax Rates (h) |
| Maryland | 2.9% |
Source: Tax Foundation, 2016
| County | Average Paid |
| Charles County | $3,424 |
U.S. Census Bureau American Community Survey, 2015
State Income Taxes
| State of Maryland | Rate |
Corporate |
8.25% |
Personal |
|
| ≥ $0 | 2.00% |
| ≥ $1,000 | 3.00% |
| ≥ $2,000 | 4.00% |
| ≥ $3,000 | 4.75% |
| ≥ $100,000 | 5.00% |
| ≥ $125,000 | 5.25% |
| ≥ $150,000 | 5.50% |
| ≥ $250,000 | 5.75% |
Source: Tax Foundation, 2016
Utilities
| Electric | Average Cost Per KW Hour |
| Southern Maryland Electric Coop Inc (All Sectors) | 7.83¢ |
| Natural Gas | Commercial Cost Per KW Hours |
| Maryland | $11.15 |
| Water/Sewer Rates | Per 1,000 gallons |
| Water (0-18,000 gallons) | $3.33 |
| Sewer (Usage capped at 24,000 gallons) | $7.13 |
Source: Charles County Government
| Land Costs Per Acre | |||
| Low | High | Avg | |
| Industrial | $20,000 | $250,000 | $110,000 |
| Office | $60,000 | $1.2M | $310,000 |
| Retail | $60,000 | $1.5M | $410,000 |
| Rental Rates Per SF (2016) | |||
| Charles County, MD | DC Metro Region | % Less | |
| Retail | $17.29 | $24.97 | -31% |
| Office | $21.91 | $34.88 | -37% |
| Industrial | $7.02 | $7.28 | -4% |
| Flex | $11.68 | $12.57 | -7% |
