Zip 20842 (Dickerson, MD) Economy


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20842 Dickerson, MD is a great area to live in due to its affordable rent as well as its convenient location for shopping. 2 Bedroom rent here is $1,340 compared to $1,430 nationally, making it more than 10% cheaper. The local grocery cost index of 112 versus 100 nationwide also helps make living costs lower. There are also many other amenities available nearby like the Seneca Creek State Park and the Germantown Soccerplex Complex. For those looking for entertainment or nightlife, there are plenty of restaurants such as La Palapa Grill & Cantina and AMC movie theaters located within minutes of the area. Finally, Dickerson's population is 809 people according to recent census data.

Dickerson (zip 20842) has an unemployment rate of 5.7%. The US average is 6.0%.

Dickerson (zip 20842) 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 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Dickerson (zip 20842)
- The Sales Tax Rate for Dickerson (zip 20842) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Dickerson (zip 20842) 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 Dickerson (zip 20842)
- The average income of a Dickerson (zip 20842) resident is $65,496 a year. The US average is $37,638 a year.
- The Median household income of a Dickerson (zip 20842) resident is $140,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDickerson, 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%
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