21555 Oldtown, MD is a great area to live in, offering a variety of housing options and excellent amenities. The two-bedroom rent in this area is $910 per month, which is significantly lower than the US average rent of $1,430. Grocery cost index for this area is 102 versus the US average of 100, so costs are slightly higher than other areas. There are many local companies that provide goods and services to 21555 Oldtown residents at competitive prices. For example, Home Depot offers discounted furniture and appliances while Walmart has everyday low prices on groceries and electronics. Additionally, there are numerous local restaurants where you can enjoy delicious meals at moderate prices.
Oldtown (zip 21555) has an unemployment rate of 6.9%. The US average is 6.0%.
Oldtown (zip 21555) 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 Oldtown (zip 21555)
- The Sales Tax Rate for Oldtown (zip 21555) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oldtown (zip 21555) 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 Oldtown (zip 21555)
- The average income of a Oldtown (zip 21555) resident is $22,734 a year. The US average is $28,555 a year.
- The Median household income of a Oldtown (zip 21555) resident is $52,083 a year. The US average is $69,021 a year.