Zip 20839 (Beallsville, MD) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
20839 Beallsville, MD is a great place to live for many reasons. With a population of 524, you can find plenty of peace and quiet while living here. The 2 bedroom rent cost is $1,590 which is slightly more expensive than the US average of $1,430 which makes it much more affordable than cities in Maryland such as Baltimore or Annapolis. Grocery Cost Index in 20839 Beallsville, MD is 116 versus 100 in the US, making groceries more expensive but still within reason. It has some well-known local companies such as D&M Nursery & Landscaping Inc., Bragg Lumber Co., and Beallsville Brewing Company that offer employment opportunities to its residents. Whether you're looking for a peaceful small town life or eager to jumpstart your career, 20839 Beallsville, MD has something for everyone.

Beallsville (zip 20839) has an unemployment rate of 5.7%. The US average is 6.0%.

Beallsville (zip 20839) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Beallsville (zip 20839)
- The Sales Tax Rate for Beallsville (zip 20839) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beallsville (zip 20839) 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 Beallsville (zip 20839)
- The average income of a Beallsville (zip 20839) resident is $49,340 a year. The US average is $28,555 a year.
- The Median household income of a Beallsville (zip 20839) resident is $138,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeallsville, MarylandUnited States
  5.76
  -6.5%-6.2%
  31.0%33.5%
  6.0%6.2%
  8.0%4.6%
  $54,352$37,638
  $138,833$69,021
Family Median Income 85028
Health