Zip 20615 (Broomes Island, MD) Economy


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20615 Broomes Island, MD is a small town located in Calvert County with an estimated population of 809. The average two bedroom rent in 20615 Broomes Island, MD is quite high at $1,730 compared to the national average of $1,430. Grocery costs are also higher than the rest of the country with an index of 108 versus 100 nationally.
The local community includes businesses such as Broomes Island General Store, J & Ks Corner Market and Galahad Marine. Local amenities near 20615 Broomes Island include Solomons Island Winery, Chesapeake Beach Water Park and Drum Point Lighthouse. There are also family activities such as fishing charters at Flag Harbor Marina and bike trails at Flag Ponds Nature Park.

Broomes Island (zip 20615) has an unemployment rate of 4.5%. The US average is 6.0%.

Broomes Island (zip 20615) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Broomes Island (zip 20615)
- The Sales Tax Rate for Broomes Island (zip 20615) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Broomes Island (zip 20615) 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 Broomes Island (zip 20615)
- The average income of a Broomes Island (zip 20615) resident is $49,316 a year. The US average is $28,555 a year.
- The Median household income of a Broomes Island (zip 20615) resident is $136,528 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBroomes Island, MarylandUnited States
  4.56
  -6.5%-6.2%
  37.3%33.5%
  6.0%6.2%
  7.8%4.6%
  $70,740$37,638
  $136,528$69,021
  $202,639$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  30.2%6.8%
  0.0%10.0%
  8.6%2.5%
  4.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  2.3%1.9%
  8.4%7.6%
  0.0%0.1%
  10.0%4.2%
  3.2%9.3%
  11.8%14.0%
  4.1%2.1%
  4.1%7.0%
  4.3%4.8%
  8.8%4.7%
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