Washington, DC is a city of vibrant culture and opportunity. With a population of over 702,455 people, it is the nation's capital and home to many important institutions such as the White House, the Capitol and other federal government offices. Professionals from all walks of life flock to the city to pursue careers in politics, business and more. The average two-bedroom rent in Washington, DC is $1,480 which is slightly higher than the US average of $1,430. Additionally, the grocery cost index in Washington DC. is 117 versus 100 in the US. There are many local businesses and organizations that make Washington DC what it is today including Amazon Web Services (AWS), Georgetown University, Politico Magazine, NPR radio station WAMU 88.5 FM as well as countless small businesses throughout the city.
Washington (zip 20012) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20012) 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 20012)
- The Sales Tax Rate for Washington (zip 20012) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20012) 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 20012)
- The average income of a Washington (zip 20012) resident is $55,390 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 20012) resident is $109,737 a year. The US average is $69,021 a year.