Zip 21215 (Baltimore, MD) Economy


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Baltimore, MD is a great city to live in with an excellent 2 bedroom rent of $1,220. Grocery costs are quite low compared to the US index at 96. The city is home to several large companies including Under Armour, T. Rowe Price Group and McCormick & Company. There are also plenty of local businesses that fuel the economy such as Faidley Seafood, World of Beer, and Papermoon Diner. Baltimore's vibrant culture and strong economy make it an ideal place for people looking for a place to call home.

Baltimore (zip 21215) has an unemployment rate of 7.9%. The US average is 6.0%.

Baltimore (zip 21215) 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 21215)
- The Sales Tax Rate for Baltimore (zip 21215) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore (zip 21215) 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 21215)
- The average income of a Baltimore (zip 21215) resident is $27,565 a year. The US average is $37,638 a year.
- The Median household income of a Baltimore (zip 21215) resident is $42,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBaltimore, 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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