Zip 20871 (Clarksburg, MD) Economy


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Clarksburg, MD is a small community located in Montgomery County. It is home to around 14,900 people and offers a peaceful and inviting atmosphere. The 2 bedroom rent in Clarksburg is $2,330 compared to the US average of $1,430 which makes it an affordable option for families who want to live close to the city but still have access to great services. Grocery costs are slightly higher than the US average with an index of 111 versus 100 nationally.
The town has several local businesses like Rave Solutions Group Inc., MetroHealth Services LLC and Geeks on Site which provide employment opportunities for residents. There are also plenty of outdoor activities available such as biking trails at Little Bennett Regional Park or hiking trails at Black Hill Regional Park. Schools in Clarksburg include John H. Poole Middle School and William H Farquhar Middle School while amenities include shopping centers like Great Seneca Retail Center and Clarksburg Premium Outlets offering restaurants and shops for locals.

Clarksburg (zip 20871) has an unemployment rate of 5.7%. The US average is 6.0%.

Clarksburg (zip 20871) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Clarksburg (zip 20871)
- The Sales Tax Rate for Clarksburg (zip 20871) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Clarksburg (zip 20871) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Clarksburg (zip 20871)
- The average income of a Clarksburg (zip 20871) resident is $46,258 a year. The US average is $28,555 a year.
- The Median household income of a Clarksburg (zip 20871) resident is $150,588 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarksburg, MarylandUnited States
  5.76
  -6.5%-6.2%
  31.0%33.5%
  6.0%6.2%
  8.0%4.6%
  $51,811$37,638
  $150,588$69,021
  $157,043$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.4%6.8%
  4.7%10.0%
  0.3%2.5%
  7.6%11.0%
  1.0%4.8%
  0.3%0.8%
  2.7%1.9%
  5.2%4.7%
  1.2%1.9%
  23.3%7.6%
  0.0%0.1%
  1.1%4.2%
  8.3%9.3%
  15.1%14.0%
  1.0%2.1%
  4.0%7.0%
  4.7%4.8%
  11.7%4.7%
Reviews for Clarksburg
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Over 18 years ago

We just moved to Clarksburg and so far are very happy here. We have lived in Maryland (Rockville) for 2 years and decided to move further north in order to buy a new  More

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