Zip 20646 (La Plata, MD) Economy


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20646 La Plata, MD is an area that is highly sought after by those looking to rent. The average two bedroom rental rate here is $1,620, which is much higher than the national average of $1,430. Additionally, groceries are slightly more expensive in 20646 La Plata, MD as the Grocery Cost Index is at 108 compared to the US's 100. As a result of these factors, it's no surprise that many people choose to live in this city.
For those who do choose to call 20646 La Plata home, they have access to a variety of local companies such as Charles County Public Library offering educational and recreational activities for all ages, Hughesville Hardware offering everyday items for purchase from hardware tools to plumbing supplies and even Walmart Supercenter for their day-to-day needs. These local businesses offer convenience and a sense of community that many appreciate when living in this city.

La Plata (zip 20646) has an unemployment rate of 5.9%. The US average is 6.0%.

La Plata (zip 20646) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for La Plata (zip 20646)
- The Sales Tax Rate for La Plata (zip 20646) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for La Plata (zip 20646) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for La Plata (zip 20646)
- The average income of a La Plata (zip 20646) resident is $41,700 a year. The US average is $28,555 a year.
- The Median household income of a La Plata (zip 20646) resident is $119,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLa Plata, MarylandUnited States
  5.96
  -6.5%-6.2%
  37.1%33.5%
  6.0%6.2%
  7.8%4.6%
  $46,240$37,638
  $119,306$69,021
  $138,500$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  9.2%6.8%
  3.7%10.0%
  1.9%2.5%
  8.3%11.0%
  4.0%4.8%
  1.4%0.8%
  0.9%1.9%
  3.9%4.7%
  1.8%1.9%
  10.6%7.6%
  0.2%0.1%
  5.1%4.2%
  11.6%9.3%
  8.3%14.0%
  2.1%2.1%
  4.9%7.0%
  5.9%4.8%
  16.0%4.7%
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Charles county is a somewhat rural area and is considered to be a part of the Washington DC/Baltimore, MD metropolitan environment. MD taxes are considered high on many  More

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