Washington, DC is a thriving city full of vibrant culture, amazing restaurants, and bustling local businesses. Companies like Amazon Web Services, Lockheed Martin, Northrop Grumman, and Gannett are just a few of the many successful companies located in the area. The cost of living in Washington DC is higher than most other cities in the US; for example, 2 bedroom rent in 2019 was $1,270 compared to the US average of $1,430. Grocery Cost Indexes were also higher than the national average with 108 versus 100 in the US.
Washington (zip 20019) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20019) 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 20019)
- The Sales Tax Rate for Washington (zip 20019) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20019) 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 20019)
- The average income of a Washington (zip 20019) resident is $27,672 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 20019) resident is $45,419 a year. The US average is $69,021 a year.