The small city of Blomington, MD is known for its quaint and cozy atmosphere. Located just south of Baltimore and easily accessible from points in Washington D.C., this city offers a great quality of life at an affordable price point. The average 2 bedroom rent in Bloomington is $770, which is much more affordable than the U.S. average of $1,430. The Grocery Cost Index in Bloomington is 97 compared to 100 in the U.S., making groceries even more affordable in this area. With a cost of living that's lower than most other cities nearby, it's no surprise that many people are drawn to this cozy location year after year. Local companies such as Maryland Home Inspections LLC, Q-Tel Technologies Inc., and Howard Bank are all located within Blomington, providing plenty of job opportunities for those looking to move into the area soon!
Bloomington (zip 21523) has an unemployment rate of 5.9%. The US average is 6.0%.
Bloomington (zip 21523) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Bloomington (zip 21523)
- The Sales Tax Rate for Bloomington (zip 21523) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Bloomington (zip 21523) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bloomington (zip 21523)
- The average income of a Bloomington (zip 21523) resident is $17,735 a year. The US average is $37,638 a year.
- The Median household income of a Bloomington (zip 21523) resident is $17,066 a year. The US average is $69,021 a year.