Zip 21542 (Midland, MD) Economy


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21542 Midland, MD is a great place to live, boasting affordable 2 bedroom rent at $800. Additionally, the grocery cost index is 99 versus 100 in the US, adding even more value to those living in this area. There are many local companies that provide residents with a range of services and amenities including Midland Ace Hardware offering supplies for home repairs and yardwork; Art Studio & Gallery stocking art supplies and hosting painting classes; and Midland Mall featuring an array of stores for shoppers.

Midland (zip 21542) has an unemployment rate of 6.9%. The US average is 6.0%.

Midland (zip 21542) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.

Tax Rates for Midland (zip 21542)
- The Sales Tax Rate for Midland (zip 21542) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midland (zip 21542) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Midland (zip 21542)
- The average income of a Midland (zip 21542) resident is $21,096 a year. The US average is $28,555 a year.
- The Median household income of a Midland (zip 21542) resident is $13,889 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidland, MarylandUnited States
  6.96
  -7.1%-6.2%
  24.6%33.5%
  6.0%6.2%
  7.8%4.6%
  $8,405$37,638
  $13,889$69,021
Family Median Income 85028
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