Zip 20755 (Fort Meade, MD) Economy


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Fort Meade, Maryland (20755) is a great area to call home. With a population of close to 10,000 people, there are plenty of local amenities available in the community. Popular employers in the area include United States Department of Defense, National Security Agency, Telefonix Voice & Data Solutions and Lockheed Martin Information Systems & Global Solutions. The median two bedroom rent in Fort Meade is $2,110 which is much higher than the US figure of $1,430. The Grocery Cost Index in Fort Meade is also higher than the national average at 101 versus 100.

Fort Meade (zip 20755) has an unemployment rate of 4.9%. The US average is 6.0%.

Fort Meade (zip 20755) 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 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Fort Meade (zip 20755)
- The Sales Tax Rate for Fort Meade (zip 20755) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Meade (zip 20755) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fort Meade (zip 20755)
- The average income of a Fort Meade (zip 20755) resident is $21,263 a year. The US average is $28,555 a year.
- The Median household income of a Fort Meade (zip 20755) resident is $92,603 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Meade, MarylandUnited States
  4.96
  -6.2%-6.2%
  32.7%33.5%
  6.0%6.2%
  7.3%4.6%
  $32,658$37,638
  $92,603$69,021
  $84,825$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  2.9%6.8%
  1.2%10.0%
  0.2%2.5%
  13.4%11.0%
  5.2%4.8%
  0.0%0.8%
  1.9%1.9%
  3.8%4.7%
  0.4%1.9%
  10.5%7.6%
  0.3%0.1%
  5.0%4.2%
  1.7%9.3%
  9.2%14.0%
  1.9%2.1%
  10.4%7.0%
  2.0%4.8%
  29.1%4.7%
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