Zip 21051 (Fork, MD) Economy


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21051 Fork, MD is an area with affordable rental prices and low cost of living. It has a US 2 Bedroom Rent of $1,430 and a Grocery Cost Index of 105 versus 100 in the US. With all these benefits, it's no wonder why many people are choosing to make their home in 21051 Fork, MD. Local companies and attractions include the Montgomery County Agricultural Fairgrounds, The Avalon Theatre, BJ’s Restaurant & Brewhouse, and Garrett Park Supply Company. With so much to do and see in this charming town, it is easy to see why 21051 Fork is quickly becoming a popular place to live.

Fork (zip 21051) has an unemployment rate of 6.0%. The US average is 6.0%.

Fork (zip 21051) 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 30.1%, which is lower than the US average of 33.5%.

Tax Rates for Fork (zip 21051)
- The Sales Tax Rate for Fork (zip 21051) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fork (zip 21051) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fork (zip 21051)
- The average income of a Fork (zip 21051) resident is $36,406 a year. The US average is $28,555 a year.
- The Median household income of a Fork (zip 21051) resident is $170,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFork, MarylandUnited States
  66
  -6.2%-6.2%
  30.1%33.5%
  6.0%6.2%
  7.6%4.6%
  $71,390$37,638
  $170,972$69,021
  $202,639$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.8%6.8%
  5.9%10.0%
  0.0%2.5%
  8.8%11.0%
  2.9%4.8%
  0.0%0.8%
  0.0%1.9%
  10.8%4.7%
  4.9%1.9%
  34.3%7.6%
  0.0%0.1%
  6.9%4.2%
  0.0%9.3%
  11.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  4.9%4.7%
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