Lochearn, Maryland (21207) is a neighborhood located in northwestern Baltimore County. The two bedroom rent price for this area is $1,390, which is slightly lower than the national average of $1,430. There are many local businesses in Lochearn including Applebee's, CVS Pharmacy, Dunkin Donuts, Pizza Hut, and Royal Farms. Grocery cost index in Lochearn is also 100 versus the US average which makes it more affordable to shop for food.
Lochearn (zip 21207) has an unemployment rate of 6.0%. The US average is 6.0%.
Lochearn (zip 21207) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Lochearn (zip 21207)
- The Sales Tax Rate for Lochearn (zip 21207) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lochearn (zip 21207) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lochearn (zip 21207)
- The average income of a Lochearn (zip 21207) resident is $29,322 a year. The US average is $37,638 a year.
- The Median household income of a Lochearn (zip 21207) resident is $57,011 a year. The US average is $69,021 a year.