Washington, DC is a bustling city with a lot to offer. Companies such as Amazon, Lockheed Martin, and the World Bank are just a few of the many businesses that call this city home. The cost of living in Washington, DC is quite high compared to the rest of the US. The average rent for a two bedroom apartment is around $1,660, which is significantly higher than the US median rent of $1,430. Additionally, the grocery cost index in Washington DC is 114 versus 100 in the US, meaning it costs more for groceries as well. All in all, living and working in Washington D.C. can be expensive but it's worth it due to its vibrant culture and rich history.
Washington (zip 20017) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20017) 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 20017)
- The Sales Tax Rate for Washington (zip 20017) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20017) 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 20017)
- The average income of a Washington (zip 20017) resident is $31,497 a year. The US average is $28,555 a year.
- The Median household income of a Washington (zip 20017) resident is $92,373 a year. The US average is $69,021 a year.