21402 Naval Academy, MD is a great place to live for those seeking an affordable and convenient lifestyle. The median two-bedroom rent is $2,360, which is much more affordable than the US average of $1,430. Additionally, living in 21402 Naval Academy also offers an advantage in terms of access to necessities such as groceries given the Grocery Cost Index of 102 compared to the US average of 100. Local companies and services found within 21402 Naval Academy include grocery stores such as Safeway and Giant Food; restaurants such as Red Lobster and Country Inn & Suites; medical facilities such as Mercy Medical Center; banks such as BB&T Bank and PNC Bank; pet stores like PetSmart and Petco; and a wide range of other local businesses.
Naval Academy (zip 21402) has an unemployment rate of 4.9%. The US average is 6.0%.
Naval Academy (zip 21402) 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 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Naval Academy (zip 21402)
- The Sales Tax Rate for Naval Academy (zip 21402) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Naval Academy (zip 21402) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Naval Academy (zip 21402)
- The average income of a Naval Academy (zip 21402) resident is $23,585 a year. The US average is $37,638 a year.
- The Median household income of a Naval Academy (zip 21402) resident is $66,534 a year. The US average is $69,021 a year.