Zip 21713 (Boonsboro, MD) Economy


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Boonsboro, MD is a small town located in Washington County. The population of Boonsboro is 2,171 people, as of the 2020 census. Boonsboro offers a variety of amenities to its citizens, such as quality schools, parks, recreational centers and an array of local businesses.
The average rent for a two-bedroom apartment in Boonsboro is $1,550 per month, slightly higher than the US average rent of $1,430 for the same apartment size. Grocery costs in Boonsboro are also slightly more expensive than in the rest of the United States - the cost index for Boonsboro is 107 versus 100 throughout the US.
Local businesses in Boonsboro range from restaurants and cafes like Bistro Forty Two or Main Street Deli & Catering to clothing stores like Nature’s Calling Boutique or Stitch Me Up Alterations & Sewing Studio. There are also numerous home improvement stores nearby such as Ace Hardware and True Value Hardware.

Boonsboro (zip 21713) has an unemployment rate of 5.6%. The US average is 6.0%.

Boonsboro (zip 21713) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Boonsboro (zip 21713)
- The Sales Tax Rate for Boonsboro (zip 21713) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boonsboro (zip 21713) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Boonsboro (zip 21713)
- The average income of a Boonsboro (zip 21713) resident is $38,895 a year. The US average is $28,555 a year.
- The Median household income of a Boonsboro (zip 21713) resident is $98,472 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoonsboro, MarylandUnited States
  5.66
  -5.9%-6.2%
  24.5%33.5%
  6.0%6.2%
  7.6%4.6%
  $43,470$37,638
  $98,472$69,021
  $109,219$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  7.2%6.8%
  5.5%10.0%
  3.3%2.5%
  14.8%11.0%
  5.6%4.8%
  5.7%0.8%
  1.0%1.9%
  3.6%4.7%
  1.4%1.9%
  10.2%7.6%
  0.0%0.1%
  3.5%4.2%
  8.0%9.3%
  11.8%14.0%
  1.1%2.1%
  3.7%7.0%
  5.6%4.8%
  7.5%4.7%
Health