21701 Frederick, MD is an excellent option for people looking for quality affordable housing. The 2 bedroom rent in 21701 Frederick, MD is $1,500 which is lower than the US average of $1,430. Additionally, the grocery cost index in 21701 Frederick, MD is much higher than the national average at 107 versus 100 in the US. Living in 21701 Frederick, MD comes with plenty of amenities such as access to local companies like Weis Markets and Fredericksburg Country Club. There are also many great restaurants such as My Thai Restaurant and Shockey's BBQ. In addition to all these great local businesses, you will find that living in this neighborhood offers great schools and community centers that make it a desirable place to live. Overall living in 21701 Frederick, MD provides a great atmosphere while still being affordable compared to other places around the country.
Frederick (zip 21701) has an unemployment rate of 5.4%. The US average is 6.0%.
Frederick (zip 21701) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Frederick (zip 21701)
- The Sales Tax Rate for Frederick (zip 21701) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Frederick (zip 21701) is 7.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Frederick (zip 21701)
- The average income of a Frederick (zip 21701) resident is $37,483 a year. The US average is $28,555 a year.
- The Median household income of a Frederick (zip 21701) resident is $90,531 a year. The US average is $69,021 a year.