Zip 21770 (Monrovia, MD) Economy


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21770 Monrovia, MD is a great place to live if you're looking for an affordable environment with plenty of amenities. The two bedroom rent in Monrovia is $1,870, which is lower than the US average of $1430. Additionally, the Grocery Cost Index for Monrovia is 111 versus 100 in the US. There are several businesses located around 21770 Monrovia, MD such as Wawa convenience store, CVS Pharmacy, and Whiskey Creek Golf Club. Other establishments include restaurants like Peking Garden and The Pizza Place. Nature-lovers will enjoy close proximity to Gambrill State Park and Catoctin Mountain Park as well as several other public parks near by. 21770 Monrovia, MD offers a vibrant atmosphere with many local attractions and businesses that make it a great place to live.

Monrovia (zip 21770) has an unemployment rate of 4.9%. The US average is 6.0%.

Monrovia (zip 21770) 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 Monrovia (zip 21770)
- The Sales Tax Rate for Monrovia (zip 21770) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Monrovia (zip 21770) 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 Monrovia (zip 21770)
- The average income of a Monrovia (zip 21770) resident is $42,014 a year. The US average is $28,555 a year.
- The Median household income of a Monrovia (zip 21770) resident is $159,091 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonrovia, MarylandUnited States
  4.96
  -6.5%-6.2%
  31.1%33.5%
  6.0%6.2%
  7.7%4.6%
  $56,048$37,638
  $159,091$69,021
  $161,449$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  8.3%6.8%
  4.5%10.0%
  1.0%2.5%
  9.2%11.0%
  0.9%4.8%
  0.0%0.8%
  1.6%1.9%
  2.9%4.7%
  3.9%1.9%
  16.3%7.6%
  2.7%0.1%
  1.9%4.2%
  13.8%9.3%
  5.8%14.0%
  2.3%2.1%
  7.6%7.0%
  2.7%4.8%
  11.0%4.7%
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