Zip 21029 (Clarksville, MD) Economy


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21029 Clarksville, MD is a small suburban town located in Howard County with a population of around 22,000 people. The median two bedroom rent for this area is $2,340 which is $910 more than the national median of $1,430. Furthermore, the Grocery Cost Index in 21029 Clarksville, MD is 112 versus the average index of 100 seen nationally. This indicates that it is slightly more expensive to buy groceries in this area compared to elsewhere in the US. \nLocal companies found in 21029 Clarksville, MD include Patuxent River Technologies Inc., Diversified Design Group Inc., Contee Sand & Gravel Corporation and Wachter Electric Co. Inc. These establishments provide employment opportunities for local residents and help to contribute to the local economy.

Clarksville (zip 21029) has an unemployment rate of 4.5%. The US average is 6.0%.

Clarksville (zip 21029) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Clarksville (zip 21029)
- The Sales Tax Rate for Clarksville (zip 21029) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clarksville (zip 21029) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Clarksville (zip 21029)
- The average income of a Clarksville (zip 21029) resident is $59,916 a year. The US average is $28,555 a year.
- The Median household income of a Clarksville (zip 21029) resident is $223,448 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarksville, MarylandUnited States
  4.56
  -6.2%-6.2%
  34.2%33.5%
  6.0%6.2%
  8.0%4.6%
  $74,849$37,638
  $223,448$69,021
  $232,729$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  6.3%6.8%
  4.4%10.0%
  0.6%2.5%
  5.2%11.0%
  0.6%4.8%
  0.4%0.8%
  1.1%1.9%
  3.8%4.7%
  1.5%1.9%
  20.4%7.6%
  0.0%0.1%
  2.0%4.2%
  12.1%9.3%
  16.9%14.0%
  1.5%2.1%
  3.2%7.0%
  4.2%4.8%
  15.1%4.7%
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