Nanjemoy, MD (20662) is an ideal place to live for many reasons. The rent for two bedroom apartments is much lower compared to the US average at $1,330 instead of the usual $1,430. Furthermore, grocery costs are lower than in other parts of the country with a Grocery Cost Index of 107 versus 100 in the US. Local companies such as Nanjemoy Creek Garden Center and Steve's Automotive Repair provide residents with job opportunities and valuable services. It is also near major cities like Washington DC, making it a convenient location for commuters or those who want access to city amenities without the city prices. All these factors make Nanjemoy one great place to call home.
Nanjemoy (zip 20662) has an unemployment rate of 5.9%. The US average is 6.0%.
Nanjemoy (zip 20662) 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 Nanjemoy (zip 20662)
- The Sales Tax Rate for Nanjemoy (zip 20662) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Nanjemoy (zip 20662) 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 Nanjemoy (zip 20662)
- The average income of a Nanjemoy (zip 20662) resident is $31,609 a year. The US average is $28,555 a year.
- The Median household income of a Nanjemoy (zip 20662) resident is $59,356 a year. The US average is $69,021 a year.