Zip 20861 (Ashton-Sandy Spring, MD) Economy


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20861 Ashton-Sandy Spring, MD is a great place to live for those looking for a good balance between affordability and convenience. The average two bedroom rent in 20861 Ashton-Sandy Spring, MD is $2,010, which is $580 more than the US average of $1,430. Additionally, the grocery cost index in 20861 Ashton-Sandy Spring, MD is 115 versus 100 in the US. There are many nearby local companies and amenities including Giant Food Grocery Store nearby offering a variety of food items at affordable prices. Other notable companies include Starbucks Coffee located within walking distance from most neighborhoods as well as a newly renovated movie theater with new films being released each month. With beautiful parks and green spaces, excellent schools in the area and plenty of shopping centers, it's no wonder why 20861 Ashton-Sandy Spring, MD continues to be an attractive place to live for many people.

Ashton-Sandy Spring (zip 20861) has an unemployment rate of 5.7%. The US average is 6.0%.

Ashton-Sandy Spring (zip 20861) has seen the job market decrease by -6.5% 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 20861)
- The Sales Tax Rate for Ashton-Sandy Spring (zip 20861) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ashton-Sandy Spring (zip 20861) 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 20861)
- The average income of a Ashton-Sandy Spring (zip 20861) resident is $73,535 a year. The US average is $37,638 a year.
- The Median household income of a Ashton-Sandy Spring (zip 20861) resident is $165,046 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshton-Sandy Spring, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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