Zip 20002 (Washington, DC) Economy


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Washington, DC is a thriving city with lots of opportunities and places to explore. It is the capital city of the United States and boasts a population of more than 700,000 people. The 2 bedroom rent in Washington, DC is $1,810 which is higher than the US average of $1,430 for two bedrooms. Additionally, grocery cost index in Washington, DC is 116 versus 100 in the US.
Living in Washington, DC means having access to a variety of local companies such as Amazon Web Services (AWS), Microsoft Corporation, Booz Allen Hamilton Inc., Deloitte LLP and Lockheed Martin Corp. There are also plenty of sights to see and activities to do including visiting the numerous monuments or taking a tour around Georgetown University.

Washington (zip 20002) has an unemployment rate of 7.0%. The US average is 6.0%.

Washington (zip 20002) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.

Tax Rates for Washington (zip 20002)
- The Sales Tax Rate for Washington (zip 20002) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20002) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Washington (zip 20002)
- The average income of a Washington (zip 20002) resident is $41,103 a year. The US average is $28,555 a year.
- The Median household income of a Washington (zip 20002) resident is $98,391 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWashington, District of ColumbiaUnited States
  76
  -4.1%-6.2%
  33.7%33.5%
  6.0%6.2%
  6.5%4.6%
  $63,176$37,638
  $98,391$69,021
  $146,265$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.5%6.8%
  1.8%10.0%
  0.4%2.5%
  3.8%11.0%
  2.4%4.8%
  0.4%0.8%
  4.9%1.9%
  2.5%4.7%
  2.4%1.9%
  21.1%7.6%
  0.2%0.1%
  4.4%4.2%
  7.5%9.3%
  6.5%14.0%
  2.5%2.1%
  5.0%7.0%
  10.5%4.8%
  20.1%4.7%
Health