Zip 21625 (Cordova, MD) Economy


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21625 Cordova, MD is a beautiful town located in the Chesapeake Bay area. It provides its residents with a tranquil atmosphere and an array of recreational activities to participate in. The town offers two bedroom rental rates of $1,220 per month which is slightly lower than the US average of $1,430. Additionally, the Grocery Cost Index in the area is 102 versus 100 on average for the US as a whole. Local companies that thrive in 21625 Cordova include renowned medical centers such as MedStar St Mary’s Hospital and health centers like Pisces Spa & Wellness Center; there are also several restaurants to choose from including Fox’s Den Restaurant and Grill and The Waterman's House.

Cordova (zip 21625) has an unemployment rate of 5.4%. The US average is 6.0%.

Cordova (zip 21625) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Cordova (zip 21625)
- The Sales Tax Rate for Cordova (zip 21625) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cordova (zip 21625) is 7.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Cordova (zip 21625)
- The average income of a Cordova (zip 21625) resident is $28,176 a year. The US average is $28,555 a year.
- The Median household income of a Cordova (zip 21625) resident is $91,458 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCordova, MarylandUnited States
  5.46
  -10.3%-6.2%
  28.3%33.5%
  6.0%6.2%
  7.2%4.6%
  $41,581$37,638
  $91,458$69,021
  $101,250$85,028
  Population by Occupation
  3.8%1.2%
  0.0%0.5%
  4.3%6.8%
  1.8%10.0%
  3.2%2.5%
  3.7%11.0%
  2.2%4.8%
  0.8%0.8%
  1.2%1.9%
  2.5%4.7%
  2.8%1.9%
  10.9%7.6%
  0.0%0.1%
  0.4%4.2%
  12.4%9.3%
  18.0%14.0%
  1.4%2.1%
  3.0%7.0%
  18.1%4.8%
  9.4%4.7%
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