20609 Avenue, MD is an upscale neighborhood located in Bethesda. With a median 2 bedroom rent of $1,470, this area is slightly more expensive than the national average rent of $1,430. However, 20609 Avenue offers many amenities to residents that make the high cost worth it. Located in close proximity are numerous shopping areas such as Westfield Montgomery Mall and Grosvenor Market which offer a variety of restaurants, food services and retail stores. In addition, the Grocery Cost Index in the area is 107 compared to the US average of 100 making grocery expenses relatively lower here than other places. Furthermore, there are plenty of local businesses nearby such as fitness centers and salons that provide quality services for reasonable prices. All these extraordinary features make 20609 Avenue an ideal location to live for anyone looking for a comfortable lifestyle in a safe and inviting community.
Avenue (zip 20609) has an unemployment rate of 4.3%. The US average is 6.0%.
Avenue (zip 20609) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Avenue (zip 20609)
- The Sales Tax Rate for Avenue (zip 20609) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Avenue (zip 20609) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Avenue (zip 20609)
- The average income of a Avenue (zip 20609) resident is $30,034 a year. The US average is $28,555 a year.
- The Median household income of a Avenue (zip 20609) resident is $124,000 a year. The US average is $69,021 a year.