21076 Severn, MD is an ideal place to live for anyone looking for a great city with plenty of amenities. Situated in Anne Arundel County, this welcoming community offers residents access to everything from local grocery stores to top-notch restaurants. With a two bedroom rent at $2,270, this city is slightly pricier than the US average of $1,430; however it is still very reasonable when taking into account its excellent location and many local businesses such as Blue Monday Homebrew Supply, Copperwood Tavern, Tipsy's Crab House and Grill, and Annapolis Towne Centre. Furthermore, its Grocery Cost Index is 105 compared to 100 in the US which indicates that grocery prices are slightly higher than average in this area. Altogether 21076 Severn has an affordable cost of living that makes it an attractive destination for both families and young professionals.
Severn (zip 21076) has an unemployment rate of 4.9%. The US average is 6.0%.
Severn (zip 21076) 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 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Severn (zip 21076)
- The Sales Tax Rate for Severn (zip 21076) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Severn (zip 21076) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Severn (zip 21076)
- The average income of a Severn (zip 21076) resident is $47,320 a year. The US average is $28,555 a year.
- The Median household income of a Severn (zip 21076) resident is $124,664 a year. The US average is $69,021 a year.