The neighborhood of 21218 in Baltimore, MD has a two bedroom rent of $1,280 which is lower than the US average of $1,430. The Grocery Cost Index for this area is 98 compared to the overall US index of 100. This indicates that groceries may be slightly cheaper in this area than in other parts of the country. Local companies in 21218 include Under Armour, Medifast, McCormick & Co., and T. Rowe Price Group. The cost of living in this area is relatively low making it an affordable option for those looking to work and live in Baltimore.
Baltimore (zip 21218) has an unemployment rate of 7.9%. The US average is 6.0%.
Baltimore (zip 21218) 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 21218)
- The Sales Tax Rate for Baltimore (zip 21218) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Baltimore (zip 21218) 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 21218)
- The average income of a Baltimore (zip 21218) resident is $24,042 a year. The US average is $28,555 a year.
- The Median household income of a Baltimore (zip 21218) resident is $56,250 a year. The US average is $69,021 a year.