Washington, DC is an incredible city for those looking to rent a two bedroom apartment. The cost for a two bedroom rental in the 20005 zip code of Washington, DC is $2,560 per month. This is more than the national average of $1,430 per month for two bedroom rentals. Grocery costs in the area are also higher than the national average with a grocery cost index of 113 versus 100 in the US. Local companies that have been successful in this area include Mom's Organic Market and Little Red Fox Grocery & Cafe. With an influx of people moving to the area from around the country, there are plenty of opportunities to find great local businesses to support.
Washington (zip 20005) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20005) has seen the job market decrease by -4.1% 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 20005)
- The Sales Tax Rate for Washington (zip 20005) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20005) 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 20005)
- The average income of a Washington (zip 20005) resident is $97,679 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 20005) resident is $98,755 a year. The US average is $69,021 a year.