Zip 20632 (Faulkner, MD) Economy


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20632 Faulkner, MD is a great place to live with plenty of amenities and reasonably priced housing. The two bedroom rent in this area is $1,670, which is slightly higher than the national average of $1,430. Additionally, the grocery cost index in 20632 Faulkner, MD is 107 versus 100 in the US, making it more expensive to buy food items than other locations.
The area has many local companies to choose from for employment opportunities as well as entertainment. Some of these businesses include Harwood's Automotive Repair & Tire Shop Inc., Calvert Internal Medicine LLC, and Hathaway's Seafood Restaurant & Market. These local stores are sure to provide residents with what they need and more.
Overall, 20632 Faulkner, MD has a slightly higher cost of living compared to the national average with rents being higher than median levels and groceries costing more as well; however there are many local businesses that make up for this difference by providing residents with quality products and services at competitive prices.

Income by Population Percent

  EconomyFaulkner, MarylandUnited States
  5.96
  -6.5%-6.2%
  37.1%33.5%
  6.0%6.2%
  7.8%4.6%
  $30,118$37,638
Household Income 69021
Health