Zip 21205 (Baltimore, MD) Economy


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21205 Baltimore, MD is a popular area for residents seeking an affordable living space. The average two bedroom rent in the area is $1,230, which is significantly less than the US average of $1,430. Additionally, the Grocery Cost Index in 21205 Baltimore is 94 compared to 100 in the US, making it even more attractive to those looking to save money on living expenses. There are numerous companies located in 21205 Baltimore that range from large corporations like Under Armour and Stanley Black & Decker to smaller local businesses like Rocklands Barbecue and Grilling Co. and Clipper Mill Apartments. Whether you're looking for a new career opportunity or just want to save some money on groceries or rent, 21205 Baltimore has something for everyone.

Baltimore (zip 21205) has an unemployment rate of 7.9%. The US average is 6.0%.

Baltimore (zip 21205) has seen the job market increase by 0.6% 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 21205)
- The Sales Tax Rate for Baltimore (zip 21205) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore (zip 21205) 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 21205)
- The average income of a Baltimore (zip 21205) resident is $12,914 a year. The US average is $28,555 a year.
- The Median household income of a Baltimore (zip 21205) resident is $33,493 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaltimore, MarylandUnited States
  7.96
  -6.2%-6.2%
  25.1%33.5%
  6.0%6.2%
  8.0%4.6%
  $17,418$37,638
  $33,493$69,021
  $37,621$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  11.9%6.8%
  4.4%10.0%
  4.3%2.5%
  8.1%11.0%
  12.0%4.8%
  0.6%0.8%
  0.7%1.9%
  1.4%4.7%
  0.4%1.9%
  3.9%7.6%
  0.0%0.1%
  6.1%4.2%
  8.8%9.3%
  23.7%14.0%
  2.3%2.1%
  6.5%7.0%
  1.9%4.8%
  2.6%4.7%
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