Zip 20630 (Drayden, MD) Economy


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20630 Drayden, MD is a great place to live and settle down. With its 2 bedroom rent at $1,490, it's affordably priced compared to the US average of $1,430. The Grocery Cost Index of 107 is also higher than the US index of 100, making groceries more expensive but ensuring a good quality of life.
The people of 20630 Drayden have access to various local amenities and services, including the nearby St. Michaels Middle School, Talbot County Public Schools and Chesapeake College. There are also plenty of local businesses such as E & S Pizzeria & Grill, Triple J Seafood Market & Crab House and The Inn at Perry Cabin. All of these help make 20630 Drayden an ideal place for families looking for a new home.

Drayden (zip 20630) has an unemployment rate of 4.3%. The US average is 6.0%.

Drayden (zip 20630) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Drayden (zip 20630)
- The Sales Tax Rate for Drayden (zip 20630) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Drayden (zip 20630) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Drayden (zip 20630)
- The average income of a Drayden (zip 20630) resident is $90,732 a year. The US average is $37,638 a year.
- The Median household income of a Drayden (zip 20630) resident is $177,760 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDrayden, 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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