Hampstead, MD's Data
About Hampstead, MD's
Hampstead, Maryland is a quaint town located in Carroll County, renowned for its rich history and small-town charm. Established in 1888, the town was originally a community for workers on the Western Maryland Railroad. Over the years, Hampstead has maintained its historical roots while adapting to the needs of modern residents. Its proximity to Baltimore, about 30 miles away, makes it a desirable location for commuters seeking a quieter lifestyle away from the city.
Things To Do in Hampstead, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Hampstead, MD
Main Street - A picturesque street lined with historic buildings, shops, and local eateries, offering a glimpse into the town's heritage.
Hampstead Train Station - A historic site that marks the town's origins as a railroad community, now a popular spot for history enthusiasts.
Spring Garden Elementary School - Notable for its educational contributions and community involvement, serving as a center for local events.
Hampstead Municipal Park - A recreational hub with facilities for sports, picnics, and outdoor activities, ideal for family outings.
Piney Branch Golf Club - A well-maintained golf course offering scenic views and challenging play for golfers of all skill levels.
The Economy of Hampstead, MD
The economy of Hampstead is characterized by a mix of local businesses and services that cater to the needs of its residents. Retail, healthcare, and education are prominent sectors, with local schools and medical facilities serving as significant employers. The town also benefits from its proximity to larger markets in Baltimore, which provides additional employment opportunities for residents. Small businesses in Hampstead thrive on community support, contributing to a stable economic environment.
Hampstead, MD Inflation
Understanding the BLS and Inflation in Hampstead, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Hampstead, MD. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Hampstead, MD understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Hampstead, MD using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Hampstead, MD when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Hampstead, MD
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