Zip 21048 (Finksburg, MD) Economy


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21048 Finksburg, MD is a small town in Carroll County with a population of around 4,000. The two bedroom rent for the area is $1,260 which is lower than the US average of $1,430. Additionally, grocery cost index in 21048 Finksburg is 104 compared to 100 in the US making it slightly expensive for groceries. The area provides plenty of local businesses such as The Copper Fox Antiques and Shoppes at Gamber that offer unique shopping experiences. There are also plenty of restaurants within walking distance from each other like Chef Paolino’s Italian Restaurant and Fat Daddy’s Pub & Grille. 21048 Finksburg provides its residents with affordable housing with access to many establishments providing excellent services and products.

Finksburg (zip 21048) has an unemployment rate of 4.2%. The US average is 6.0%.

Finksburg (zip 21048) 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 Finksburg (zip 21048)
- The Sales Tax Rate for Finksburg (zip 21048) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Finksburg (zip 21048) 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 Finksburg (zip 21048)
- The average income of a Finksburg (zip 21048) resident is $42,549 a year. The US average is $28,555 a year.
- The Median household income of a Finksburg (zip 21048) resident is $121,275 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFinksburg, MarylandUnited States
  4.26
  -6.2%-6.2%
  31.3%33.5%
  6.0%6.2%
  7.8%4.6%
  $56,947$37,638
  $121,275$69,021
  $140,667$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  7.5%6.8%
  8.5%10.0%
  1.5%2.5%
  9.7%11.0%
  1.7%4.8%
  0.6%0.8%
  0.2%1.9%
  7.6%4.7%
  1.5%1.9%
  7.3%7.6%
  0.0%0.1%
  5.3%4.2%
  7.0%9.3%
  15.0%14.0%
  1.2%2.1%
  5.8%7.0%
  7.7%4.8%
  11.0%4.7%
Reviews for Finksburg
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Over 14 years ago

Finksburg is an area that is very close to Baltimore City; therefore a lot of people commute there for work. Finksburg has a ridiculously high cost of living, poor air  More

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