Washington, D.C. is an amazing city to live in and offers plenty of exciting cultural activities, job opportunities, and recreational areas. The cost of living is relatively high compared to other cities in the United States; for example, the rent for a two bedroom apartment in Washington D.C. is $2,040 - $590 more than the nationwide average of $1,430. Additionally, the Grocery Cost Index in Washington D.C. is 110 versus 100 in the US – 10% higher than the national average. Despite the high costs of living in Washington D.C., it remains a popular destination due to its attractions and career opportunities with major companies like Amazon Web Services and Lockheed Martin located here. There are also many smaller companies based here such as Human Rights Campaign and Compu Dynamics LLC that employ locals from all walks of life!
Washington (zip 20036) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20036) 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 20036)
- The Sales Tax Rate for Washington (zip 20036) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20036) 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 20036)
- The average income of a Washington (zip 20036) resident is $106,369 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 20036) resident is $100,417 a year. The US average is $69,021 a year.