Zip 21045 (Columbia, MD) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
21045 Columbia, MD is a wonderful place to live with plenty of local amenities. With an average two bedroom rent of $1,840 per month and a grocery cost index slightly higher than the national average at 104, it has become a popular destination for those looking for a more suburban lifestyle close to Baltimore and Washington DC. The area offers a diverse selection of businesses, from big names such as Target and Wegmans to smaller local stores such as Doughnutology and Columbia Wine & Liquors - all perfect for fulfilling your shopping needs. Those interested in dining out will be spoiled for choice with the array of eateries available - from authentic Mexican cuisine at El Salto Restaurant to classic American fare at Bobby's Burger Place. Additionally, the area is also home to excellent educational facilities such as Atholton Elementary School and Howard Community College.

Columbia (zip 21045) has an unemployment rate of 4.5%. The US average is 6.0%.

Columbia (zip 21045) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Columbia (zip 21045)
- The Sales Tax Rate for Columbia (zip 21045) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Columbia (zip 21045) 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 Columbia (zip 21045)
- The average income of a Columbia (zip 21045) resident is $48,450 a year. The US average is $37,638 a year.
- The Median household income of a Columbia (zip 21045) resident is $110,111 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbia, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.