21037 Edgewater, MD is a great place to live due to its close proximity to Washington D.C. and Baltimore while having much lower than average 2 bedroom rent prices at $2,110 compared to the US average of $1,430. Not only is the rent affordable but groceries in this area are 5% more expensive as measured by a grocery cost index of 105 versus 100 in the US. There are plenty of local amenities near Edgewater such as restaurants like Galway Bay Seafood Grill & Bar, The Old Stein Inn, and American Sushi & Grill. Shopping enthusiasts will love nearby stores including Lighthouse Liquors and Spirits Unlimited Wine & Liquor Warehouse. Finally, for entertainment there’s AMC Magic Johnson Capital Center 12 and Dave & Busters offering an array of attractions for everyone to enjoy!
Edgewater (zip 21037) has an unemployment rate of 4.9%. The US average is 6.0%.
Edgewater (zip 21037) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Edgewater (zip 21037)
- The Sales Tax Rate for Edgewater (zip 21037) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Edgewater (zip 21037) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Edgewater (zip 21037)
- The average income of a Edgewater (zip 21037) resident is $46,919 a year. The US average is $28,555 a year.
- The Median household income of a Edgewater (zip 21037) resident is $124,759 a year. The US average is $69,021 a year.