Washington, DC is a bustling city known for its political history, diverse cultural attractions, and access to quality education and employment opportunities. In 2018, two bedroom rentals averaged $1,200 in Washington, DC compared to the US average of $1,430. Grocery cost index was 114 in Washington, DC as opposed to 100 in the US overall. Businesses such as The Home Depot and Amazon are based out of Washington, DC. Popular attractions include the National Mall where landmarks like The Washington Monument can be seen as well as local parks and museums. Smithsonian museums are free for visitors to explore the history of our nation's capital including the Museum of Natural History or the Newseum that honors journalists who have lost their lives in pursuit of conveying news stories from around the world.
Washington (zip 20018) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20018) 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 20018)
- The Sales Tax Rate for Washington (zip 20018) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20018) 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 20018)
- The average income of a Washington (zip 20018) resident is $30,391 a year. The US average is $28,555 a year.
- The Median household income of a Washington (zip 20018) resident is $74,412 a year. The US average is $69,021 a year.