Zip 21405 (Annapolis, MD) Economy


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21405 Annapolis, MD is an excellent place to live! The average 2 bedroom rent of $2,030 is relatively low compared to the U.S. average of $1,430. Additionally, groceries are much more affordable in 21405 Annapolis than in other parts of the country as evidenced by the Grocery Cost Index being 112 versus 100 in the US. There are also plenty of local businesses that make 21405 Annapolis a great place to be: Towne Centre at Laurel offers locals many shopping choices, while JW Marriott provides entertainment and luxury accommodations for visitors. Other popular businesses include Akira Sushi & Grill, and Whittington’s Wine & Spirits. With its strong economy, unbeatable cost of living and abundance of amenities, 21405 Annapolis is truly an amazing place to live!

Annapolis (zip 21405) has an unemployment rate of 4.9%. The US average is 6.0%.

Annapolis (zip 21405) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Annapolis (zip 21405)
- The Sales Tax Rate for Annapolis (zip 21405) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Annapolis (zip 21405) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Annapolis (zip 21405)
- The average income of a Annapolis (zip 21405) resident is $64,365 a year. The US average is $37,638 a year.
- The Median household income of a Annapolis (zip 21405) resident is $138,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnnapolis, MarylandUnited States
  4.96
  -6.2%-6.2%
  32.7%33.5%
  6.0%6.2%
  7.3%4.6%
  $64,365$37,638
  $138,750$69,021
  $152,841$85,028
  Population by Occupation
  6.5%1.2%
  0.0%0.5%
  0.0%6.8%
  10.3%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  6.5%4.7%
  15.5%1.9%
  36.1%7.6%
  0.0%0.1%
  6.5%4.2%
  11.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  7.7%4.7%
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