Zip 21627 (Crocheron, MD) Economy


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United States / Maryland / Cambridge Metro Area / Dorchester County / No City / Crocheron (zip 21627)
21627 Crocheron, MD is an excellent city to call home. It offers affordable 2 bedroom rent for only $1,010 compared to the U.S average of $1,430. This makes it a great option for young professionals looking to save money while still having access to big-city amenities. Additionally, the Grocery Cost Index in the area is 93 versus 100 in the US, so groceries are more affordable here than elsewhere in the country. Local companies here include The Lighthouse Seafood Market and Restaurant which offers fresh seafood and produce as well as seafood takeout. The Great Wall Chinese restaurant serves up delicious Chinese cuisine with friendly service. Finally, Quality Heating and Air provides reliable services for all your heating and cooling needs.

Crocheron (zip 21627) has an unemployment rate of 6.3%. The US average is 6.0%.

Crocheron (zip 21627) has seen the job market decrease by -3.3% 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 Crocheron (zip 21627)
- The Sales Tax Rate for Crocheron (zip 21627) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Crocheron (zip 21627) 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 Crocheron (zip 21627)
- The average income of a Crocheron (zip 21627) resident is $45,000 a year. The US average is $37,638 a year.
- The Median household income of a Crocheron (zip 21627) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCrocheron, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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