Zip 20748 (Hillcrest Heights, MD) Economy


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20748 Hillcrest Heights, MD is a great place to live with its affordable two-bedroom rent at $1,530 versus the US average of $1,430. This small town is home to local companies like Federal Business Council Inc., Starbucks Coffee, Chick-fil-A and more. Residents also benefit from a lower grocery cost index in 20748 Hillcrest Heights compared to the US average of 100; the index in 20748 Hillcrest Heights is 107. All in all, 20748 Hillcrest Heights is an ideal spot for those looking for an affordable place to call home.

Hillcrest Heights (zip 20748) has an unemployment rate of 7.8%. The US average is 6.0%.

Hillcrest Heights (zip 20748) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.

Tax Rates for Hillcrest Heights (zip 20748)
- The Sales Tax Rate for Hillcrest Heights (zip 20748) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Hillcrest Heights (zip 20748) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Hillcrest Heights (zip 20748)
- The average income of a Hillcrest Heights (zip 20748) resident is $36,488 a year. The US average is $37,638 a year.
- The Median household income of a Hillcrest Heights (zip 20748) resident is $73,194 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillcrest Heights, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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