Zip 21104 (Eldersburg, MD) Economy


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21104 Eldersburg, MD is a popular location for those looking to relocate or buy a home. It offers small-town charm within easy access of major cities. The median 2 bedroom apartment rent is $2,320 compared to the US average of $1,430. This area also has a higher than average cost of living with grocery cost index at 108 compared to 100 in the US.
21104 Eldersburg, MD is known for its businesses such as K & L Auto Care Center, PNC Bank, and Quality Custom Painting Co. There are many other local businesses that contribute to the economic vibrancy of this community.
Overall, 21104 Eldersburg Maryland offers its residents an attractive balance between affordability and quality of life. With reasonable rent costs and a strong base of local businesses it is an ideal place for people looking for suburban living without sacrificing convenience or amenities.

Eldersburg (zip 21104) has an unemployment rate of 4.2%. The US average is 6.0%.

Eldersburg (zip 21104) 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 31.3%, which is lower than the US average of 33.5%.

Tax Rates for Eldersburg (zip 21104)
- The Sales Tax Rate for Eldersburg (zip 21104) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Eldersburg (zip 21104) 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 Eldersburg (zip 21104)
- The average income of a Eldersburg (zip 21104) resident is $46,406 a year. The US average is $28,555 a year.
- The Median household income of a Eldersburg (zip 21104) resident is $180,789 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEldersburg, MarylandUnited States
  4.26
  -6.2%-6.2%
  31.3%33.5%
  6.0%6.2%
  7.8%4.6%
  $64,395$37,638
  $180,789$69,021
  $204,583$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.4%6.8%
  6.7%10.0%
  2.2%2.5%
  4.9%11.0%
  2.3%4.8%
  0.7%0.8%
  1.2%1.9%
  8.1%4.7%
  2.7%1.9%
  18.2%7.6%
  0.0%0.1%
  1.2%4.2%
  9.4%9.3%
  17.4%14.0%
  2.8%2.1%
  5.2%7.0%
  5.0%4.8%
  6.7%4.7%
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