Zip 21050 (Bel Air North, MD) Economy


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21050 Bel Air North, MD is a small town located in Baltimore County. It's a great place to live for anyone looking for a relaxed and affordable lifestyle. The average two bedroom rent in the area is $1,720 which is much less than the US average of $1,430. This makes the area an attractive option for those looking for an economical living space without compromising on quality. Grocery costs in 21050 Bel Air North are also quite reasonable with an index of 104 compared to 100 in the US. Local supermarkets such as Food Lion, Giant, and Safeway all offer reasonably priced food items perfect for any budget. With competitive prices on rental properties and groceries, 21050 Bel Air North is an ideal location for anyone trying to save money while still having access to necessary amenities.

Bel Air North (zip 21050) has an unemployment rate of 5.0%. The US average is 6.0%.

Bel Air North (zip 21050) 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 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Bel Air North (zip 21050)
- The Sales Tax Rate for Bel Air North (zip 21050) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bel Air North (zip 21050) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bel Air North (zip 21050)
- The average income of a Bel Air North (zip 21050) resident is $48,462 a year. The US average is $37,638 a year.
- The Median household income of a Bel Air North (zip 21050) resident is $113,794 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBel Air North, 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%
Reviews for Bel Air North
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Over 18 years ago

I was suprised to see that forest hill had at 24% higher cost of living then the country's average... Housing market is def. booming. New houses are always being built  More

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