Zip 21613 (Cambridge, MD) Economy


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21613 Cambridge, MD is a great place to live with a median 2 bedroom rent of $960/month, which is just slightly below the US average of $1,430. The local grocery cost index in 21613 Cambridge, MD is also lower than the US average at 99 compared to 100. It provides residents with easy access to quality rental properties from local companies such as Cambridge Rentals and Arundel Properties Inc., who specialize in providing affordable rental solutions for those looking to call 21613 Cambridge, MD home. Additionally, local stores like Food Lion and Walmart provide residents with affordable grocery services.

Cambridge (zip 21613) has an unemployment rate of 6.3%. The US average is 6.0%.

Cambridge (zip 21613) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.

Tax Rates for Cambridge (zip 21613)
- The Sales Tax Rate for Cambridge (zip 21613) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cambridge (zip 21613) 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 Cambridge (zip 21613)
- The average income of a Cambridge (zip 21613) resident is $26,484 a year. The US average is $28,555 a year.
- The Median household income of a Cambridge (zip 21613) resident is $48,281 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCambridge, MarylandUnited States
  6.36
  -3.3%-6.2%
  18.5%33.5%
  6.0%6.2%
  7.4%4.6%
  $32,195$37,638
  $48,281$69,021
  $66,316$85,028
  Population by Occupation
  2.9%1.2%
  0.0%0.5%
  6.5%6.8%
  10.9%10.0%
  1.4%2.5%
  10.2%11.0%
  3.6%4.8%
  0.2%0.8%
  1.5%1.9%
  2.6%4.7%
  1.8%1.9%
  7.8%7.6%
  0.0%0.1%
  3.7%4.2%
  7.4%9.3%
  17.1%14.0%
  1.7%2.1%
  9.1%7.0%
  5.6%4.8%
  6.2%4.7%
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