20657 Chesapeake Ranch Estates, MD is a great place to live. It has an affordable average two bedroom rent of $1,500 and the price for groceries is only slightly higher than the US average, with a grocery cost index of 106. It's a small town with many local businesses offering goods and services including restaurants, convenience stores, banks and pharmacies. There are also plenty of recreational activities in the area such as hiking trails, beaches, parks and golf courses for outdoor enthusiasts to enjoy. The community also has several amenities like churches, libraries and schools that provide educational opportunities for families looking to move to this area.
Chesapeake Ranch Estates (zip 20657) has an unemployment rate of 4.5%. The US average is 6.0%.
Chesapeake Ranch Estates (zip 20657) has seen the job market decrease by -6.5% 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 Chesapeake Ranch Estates (zip 20657)
- The Sales Tax Rate for Chesapeake Ranch Estates (zip 20657) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Chesapeake Ranch Estates (zip 20657) 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 Chesapeake Ranch Estates (zip 20657)
- The average income of a Chesapeake Ranch Estates (zip 20657) resident is $47,390 a year. The US average is $37,638 a year.
- The Median household income of a Chesapeake Ranch Estates (zip 20657) resident is $108,640 a year. The US average is $69,021 a year.