Washington, DC is an ideal destination for those looking for a place to settle. It features beautiful architecture, a rich history, and plenty of employment opportunities. The average two-bedroom rent in the city is $2,370. While this is significantly higher than the national average of $1,430, most companies here are willing to pay a premium for talent. Some of the most popular local employers in Washington, DC include Google, Amazon Web Services (AWS), Apple Inc., Microsoft Corporation, and The World Bank Group. These organizations offer excellent compensation packages as well as access to many unique professional development experiences.
Washington (zip 20037) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20037) 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 20037)
- The Sales Tax Rate for Washington (zip 20037) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20037) 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 20037)
- The average income of a Washington (zip 20037) resident is $68,962 a year. The US average is $37,638 a year.
- The Median household income of a Washington (zip 20037) resident is $94,855 a year. The US average is $69,021 a year.