Zip 20675 (Bensville, MD) Economy


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20675 Bensville, MD is a great place to live for those looking for a more affordable housing option. The median rent for a two bedroom apartment in this area is $1,770 compared to the US median rent of $1,430. Additionally, groceries in 20675 Bensville are 8% higher than the national average; however, it still remains an affordable option with lower overall costs of living. There are many businesses located nearby to make life easier and even enjoyable such as Chaney Enterprises Inc., G3X Media LLC., Bay Area Soirees LLC., and Southern Maryland Event Services LLC. It's easy to see why 20675 Bensville, MD is an attractive location for potential home buyers.

Bensville (zip 20675) has an unemployment rate of 5.9%. The US average is 6.0%.

Bensville (zip 20675) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Bensville (zip 20675)
- The Sales Tax Rate for Bensville (zip 20675) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bensville (zip 20675) 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 Bensville (zip 20675)
- The average income of a Bensville (zip 20675) resident is $41,962 a year. The US average is $28,555 a year.
- The Median household income of a Bensville (zip 20675) resident is $101,941 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBensville, MarylandUnited States
  5.96
  -6.5%-6.2%
  37.1%33.5%
  6.0%6.2%
  7.8%4.6%
  $46,561$37,638
  $101,941$69,021
  $126,224$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  6.5%6.8%
  1.7%10.0%
  3.3%2.5%
  10.1%11.0%
  3.0%4.8%
  0.8%0.8%
  1.0%1.9%
  1.6%4.7%
  5.5%1.9%
  3.9%7.6%
  0.0%0.1%
  4.2%4.2%
  11.3%9.3%
  14.4%14.0%
  0.9%2.1%
  0.0%7.0%
  5.1%4.8%
  25.5%4.7%
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