21217 Baltimore, MD is a great place to live with an affordable two-bedroom rent of $1,280. This rent rate is significantly lower than the US average of $1,430. This area also offers lower grocery costs with an index score of 94 compared to the US average of 100. Not only does this area have a favorable cost of living, but it also has plenty of job opportunities in local companies such as The Johns Hopkins Hospital, Legg Mason Financial Services, and T. Rowe Price Investment Services. These three renowned businesses provide thousands of jobs to the 21217 zip code, contributing to its overall economy and vibrancy.
Baltimore (zip 21217) has an unemployment rate of 7.9%. The US average is 6.0%.
Baltimore (zip 21217) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Baltimore (zip 21217)
- The Sales Tax Rate for Baltimore (zip 21217) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore (zip 21217) 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 Baltimore (zip 21217)
- The average income of a Baltimore (zip 21217) resident is $18,112 a year. The US average is $28,555 a year.
- The Median household income of a Baltimore (zip 21217) resident is $34,884 a year. The US average is $69,021 a year.