Zip 21057 (Glen Arm, MD) Economy


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The 2 Bedroom Rent in 21057 Glen Arm, MD is $1,820 per month which is higher than the US average of $1,430. The Grocery Cost Index in this area is 107 which is 7% higher than the national average of 100. For those looking to rent in this area they can turn to local companies such as L & M Realty Services or Burkins Real Estate Co for assistance with finding the right property for their needs. Both companies offer excellent customer service and a wide selection of properties in the Glen Arm area suitable for all budgets and lifestyles.

Glen Arm (zip 21057) has an unemployment rate of 6.0%. The US average is 6.0%.

Glen Arm (zip 21057) 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 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Glen Arm (zip 21057)
- The Sales Tax Rate for Glen Arm (zip 21057) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Glen Arm (zip 21057) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Glen Arm (zip 21057)
- The average income of a Glen Arm (zip 21057) resident is $51,616 a year. The US average is $28,555 a year.
- The Median household income of a Glen Arm (zip 21057) resident is $131,184 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlen Arm, MarylandUnited States
  66
  -6.2%-6.2%
  30.1%33.5%
  6.0%6.2%
  7.6%4.6%
  $55,323$37,638
  $131,184$69,021
  $160,179$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  7.2%6.8%
  6.9%10.0%
  2.7%2.5%
  5.9%11.0%
  2.1%4.8%
  0.0%0.8%
  3.4%1.9%
  9.8%4.7%
  5.9%1.9%
  8.6%7.6%
  0.4%0.1%
  2.5%4.2%
  12.6%9.3%
  11.1%14.0%
  1.4%2.1%
  2.7%7.0%
  6.0%4.8%
  8.4%4.7%
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