Washington, DC is an amazing city with a lot to offer its residents. The two bedroom rent in 2015 was around $1,820, which was much higher than the national average of $1,430. The high cost of living is offset by an abundance of jobs offered by large multinational companies such as Amazon, Microsoft, and Oracle who have offices in the area. The grocery cost index in Washington D.C. was 121 versus 100, so groceries were more expensive but in exchange for these higher costs one is able to experience a vibrant culture of diverse restaurants and cultural attractions like the Smithsonian museums and monuments on the National Mall.
Washington (zip 20015) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20015) 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 20015)
- The Sales Tax Rate for Washington (zip 20015) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20015) 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 20015)
- The average income of a Washington (zip 20015) resident is $105,707 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 20015) resident is $201,635 a year. The US average is $69,021 a year.