In Baltimore, MD, the average 2 bedroom rent is $1,230 which is lower than the US average of $1,430. Additionally, grocery costs here are approximately 94 as compared to the US index of 100. This makes Baltimore an attractive option for those looking for more affordable living options. Local companies in Baltimore that offer services include Johns Hopkins University which provides higher education opportunities through its renowned medical school and hospital complex. The University of Maryland also offers a variety of degree programs and research opportunities across fields such as healthcare and engineering. Other noteworthy services locally include public transportation via Maryland Transit Administration (MTA), energy services from BGE and Constellation Energy, internet and cable provided by Comcast Corporation, and professional sports teams including the Orioles and Ravens.
Baltimore (zip 21213) has an unemployment rate of 7.9%. The US average is 6.0%.
Baltimore (zip 21213) 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 21213)
- The Sales Tax Rate for Baltimore (zip 21213) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore (zip 21213) 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 21213)
- The average income of a Baltimore (zip 21213) resident is $23,735 a year. The US average is $37,638 a year.
- The Median household income of a Baltimore (zip 21213) resident is $44,121 a year. The US average is $69,021 a year.