Zip 21228 (Catonsville, MD) Economy


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Catonsville, MD 21228 is a great place to live for many reasons. The average 2 bedroom rent in Catonsville is $1,610, which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Catonsville is 103 versus 100 in the US, meaning groceries are a bit more expensive than average. There are many local companies that make living in Catonsville convenient and enjoyable including The Catonsville Gourmet, a local grocery store; Chanticleer Books, an independent bookstore; and Stansbury's Pub & Grill, a classic neighborhood bar. With its affordable housing prices and local businesses, Catonsville is an ideal place to call home.

Catonsville (zip 21228) has an unemployment rate of 6.0%. The US average is 6.0%.

Catonsville (zip 21228) 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 Catonsville (zip 21228)
- The Sales Tax Rate for Catonsville (zip 21228) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Catonsville (zip 21228) 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 Catonsville (zip 21228)
- The average income of a Catonsville (zip 21228) resident is $36,421 a year. The US average is $28,555 a year.
- The Median household income of a Catonsville (zip 21228) resident is $93,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCatonsville, MarylandUnited States
  66
  -6.2%-6.2%
  30.1%33.5%
  6.0%6.2%
  7.6%4.6%
  $44,731$37,638
  $93,792$69,021
  $114,676$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  4.0%6.8%
  4.9%10.0%
  2.0%2.5%
  8.3%11.0%
  3.7%4.8%
  0.3%0.8%
  1.2%1.9%
  4.7%4.7%
  2.4%1.9%
  13.1%7.6%
  0.1%0.1%
  4.2%4.2%
  13.4%9.3%
  12.7%14.0%
  2.2%2.1%
  6.6%7.0%
  5.3%4.8%
  10.8%4.7%
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