The rental cost of a 2-bedroom apartment in 21040 Edgewood, MD is $1,470 per month. This is more expensive than the average monthly rent for a 2-bedroom apartment in the United States, which is $1,430. Grocery costs within Edgewood are equivalent to those in the US with an index score of 100. The area around 21040 Edgewood, MD offers great amenities such as stores like The Home Depot and Walmart; restaurants like Bay Seafood & Crab House and Five Guys; and healthcare services like University of Maryland Medical Systems. When compared to other parts of the United States, Edgewood offers groceries at a price comparable to that in most cities while having higher rental rates for 2-bedroom apartments.
Edgewood (zip 21040) has an unemployment rate of 5.0%. The US average is 6.0%.
Edgewood (zip 21040) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Edgewood (zip 21040)
- The Sales Tax Rate for Edgewood (zip 21040) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Edgewood (zip 21040) 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 Edgewood (zip 21040)
- The average income of a Edgewood (zip 21040) resident is $23,292 a year. The US average is $28,555 a year.
- The Median household income of a Edgewood (zip 21040) resident is $72,277 a year. The US average is $69,021 a year.