Zip 20551 (Federal Reserve Board, DC) Economy


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20551 Federal Reserve Board, DC is an area with a cost of living that is significantly higher than the United States average. According to data from Zillow, the median rent for a 2 bedroom apartment in this area is $1,790 compared to the national average of $1,430. The grocery cost index in this area is 114 compared to the US Index of 100. As one of the most expensive areas for living in Washington D.C., it has become home to many established companies such as Amazon, Target and Northrop Grumman who employ thousands of people in the region. The median household income in 20551 Federal Reserve Board, DC was estimated at $186,741 in 2019 by City-Data which is greater than the national average by over $100,000.

Income by Population Percent

  EconomyFederal Reserve Board, District of ColumbiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
Income per Cap. 37638
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