Zip 21541 (Mc Henry, MD) Economy


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United States / Maryland / No Metro Area / Garrett County / No City / Mc Henry (zip 21541)
21541 McHenry, MD is an ideal location for those looking for a peaceful and affordable place to live. The average 2 bedroom rent in this area is $990, well below the US average of $1,430. Additionally, the Grocery Cost Index in this area is 107 versus 100 in the US, giving residents more purchasing power when it comes to food and groceries. Local businesses located near 21541 McHenry include Walmart Supercenter, Dollar Tree, McDonald's, Walgreens Pharmacy and Hometown Pizza.

Mc Henry (zip 21541) has an unemployment rate of 5.9%. The US average is 6.0%.

Mc Henry (zip 21541) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Mc Henry (zip 21541)
- The Sales Tax Rate for Mc Henry (zip 21541) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mc Henry (zip 21541) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Mc Henry (zip 21541)
- The average income of a Mc Henry (zip 21541) resident is $38,753 a year. The US average is $28,555 a year.
- The Median household income of a Mc Henry (zip 21541) resident is $51,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMc Henry, MarylandUnited States
  5.96
  -6.8%-6.2%
  20.4%33.5%
  6.0%6.2%
  7.4%4.6%
  $39,051$37,638
  $51,813$69,021
  $64,125$85,028
  Population by Occupation
  1.4%1.2%
  1.7%0.5%
  6.3%6.8%
  1.2%10.0%
  0.0%2.5%
  16.8%11.0%
  6.1%4.8%
  0.0%0.8%
  1.3%1.9%
  1.8%4.7%
  2.8%1.9%
  6.9%7.6%
  0.0%0.1%
  0.9%4.2%
  18.6%9.3%
  16.2%14.0%
  1.0%2.1%
  13.5%7.0%
  0.0%4.8%
  3.5%4.7%
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