Zip 20860 (Ashton-Sandy Spring, MD) Economy


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Ashton-Sandy Spring, MD is a great place to live with a population of 20,860 and an affordable rent of $2,160 for 2 bedrooms. It is also relatively inexpensive to grocery shop there as the Grocery Cost Index is 115 versus 100 in the US. In Ashton-Sandy Spring, MD you can find plenty of local businesses and attractions such as Sandy Spring Adventure Park which offers zip-lining and rock climbing. There's also The Birches at Sandy Spring which provides luxurious senior living options. You'll also find various places to eat like Dooby’s, providing modern takes on classic dishes.

Ashton-Sandy Spring (zip 20860) has an unemployment rate of 5.7%. The US average is 6.0%.

Ashton-Sandy Spring (zip 20860) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Ashton-Sandy Spring (zip 20860)
- The Sales Tax Rate for Ashton-Sandy Spring (zip 20860) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ashton-Sandy Spring (zip 20860) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ashton-Sandy Spring (zip 20860)
- The average income of a Ashton-Sandy Spring (zip 20860) resident is $49,884 a year. The US average is $28,555 a year.
- The Median household income of a Ashton-Sandy Spring (zip 20860) resident is $111,949 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshton-Sandy Spring, MarylandUnited States
  5.76
  -6.5%-6.2%
  31.0%33.5%
  6.0%6.2%
  8.0%4.6%
  $70,629$37,638
  $111,949$69,021
Family Median Income 85028
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