Zip 21758 (Knoxville, MD) Economy


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21758 Knoxville, MD is a pleasant city located in Allegany County. It has an estimated population of 1,407 people according to the US Census Bureau and offers a variety of opportunities for its residents. The median 2-bedroom rent in 21758 Knoxville is $1,570 per month compared to $1,430 for the US average as a whole. Similarly, the grocery cost index in 21758 Knoxville is 107 versus 100 for the US average. This difference indicates that groceries are slightly more expensive in 21758 Knoxville than they are on average nationwide.
The local area features several businesses, such as Woodland Nursery & Garden Center, South Mountain Towing and Recovery LLC, and Burns Funeral Home to name a few. All of these establishments provide essential services to help make life comfortable and convenient for those who live in or around 21758 Knoxville. While living in this town may be slightly more expensive than other areas across the nation due to higher rents and groceries rates, it could be well worth it due to its pleasant atmosphere and numerous amenities offered by local companies.

Knoxville (zip 21758) has an unemployment rate of 4.9%. The US average is 6.0%.

Knoxville (zip 21758) 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 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Knoxville (zip 21758)
- The Sales Tax Rate for Knoxville (zip 21758) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Knoxville (zip 21758) 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 Knoxville (zip 21758)
- The average income of a Knoxville (zip 21758) resident is $37,032 a year. The US average is $28,555 a year.
- The Median household income of a Knoxville (zip 21758) resident is $96,863 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKnoxville, MarylandUnited States
  4.96
  -6.5%-6.2%
  31.1%33.5%
  6.0%6.2%
  7.7%4.6%
  $44,507$37,638
  $96,863$69,021
  $123,500$85,028
  Population by Occupation
  2.8%1.2%
  0.2%0.5%
  10.2%6.8%
  6.7%10.0%
  3.0%2.5%
  6.7%11.0%
  2.7%4.8%
  0.3%0.8%
  2.2%1.9%
  2.7%4.7%
  1.2%1.9%
  13.6%7.6%
  0.0%0.1%
  3.9%4.2%
  6.2%9.3%
  15.5%14.0%
  1.8%2.1%
  2.9%7.0%
  8.0%4.8%
  9.2%4.7%
Health