The median 2 bedroom rent in the 21202 zip code of Baltimore, MD is $1,700, which is considerably higher than the US median of $1,430. The Grocery Cost Index for this area is also equal to the US index of 100. This makes 21202 a desirable place to live for those looking for a city with an above average cost of living and plenty of job opportunities. In the area surrounding 21202 Baltimore residents can find employment at such major companies as Under Armour, McCormick & Company, T. Rowe Price Group, and Johns Hopkins University & Health Systems. Smaller businesses in the area include restaurants such as Thames Street Oyster House and coffee shops like Lamill Coffee Boutique.
Baltimore (zip 21202) has an unemployment rate of 7.9%. The US average is 6.0%.
Baltimore (zip 21202) 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 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Baltimore (zip 21202)
- The Sales Tax Rate for Baltimore (zip 21202) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore (zip 21202) 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 Baltimore (zip 21202)
- The average income of a Baltimore (zip 21202) resident is $38,563 a year. The US average is $37,638 a year.
- The Median household income of a Baltimore (zip 21202) resident is $54,477 a year. The US average is $69,021 a year.