Zip 20784 (New Carrollton, MD) Economy


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20784 New Carrollton, MD is a city located in Prince George's County. With a population of 30,652 people, it is an ideal city for working professionals and families alike. It offers affordable 2 bedroom rent of $1,510 per month compared to the US rate of $1,430. The Grocery Cost Index in 20784 New Carrollton is also relatively lower at 107 versus the national average of 100. Local companies operating in this area include Giant Food LLC., U-Haul Moving & Storage at New Carrollton Metro Station, Allstate Insurance Agent: Deandra Lolo and Verizon Wireless Authorized Retailer - Victra. It is a great place to live with plenty of things to do such as visiting Greenbelt Park or the Hands On Science Lab.

New Carrollton (zip 20784) has an unemployment rate of 7.8%. The US average is 6.0%.

New Carrollton (zip 20784) 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 34.4%, which is higher than the US average of 33.5%.

Tax Rates for New Carrollton (zip 20784)
- The Sales Tax Rate for New Carrollton (zip 20784) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for New Carrollton (zip 20784) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for New Carrollton (zip 20784)
- The average income of a New Carrollton (zip 20784) resident is $25,195 a year. The US average is $28,555 a year.
- The Median household income of a New Carrollton (zip 20784) resident is $76,830 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Carrollton, MarylandUnited States
  7.86
  -6.5%-6.2%
  34.4%33.5%
  6.0%6.2%
  8.0%4.6%
  $31,337$37,638
  $76,830$69,021
  $90,338$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.5%6.8%
  1.8%10.0%
  1.8%2.5%
  11.0%11.0%
  10.4%4.8%
  0.3%0.8%
  0.9%1.9%
  2.1%4.7%
  3.3%1.9%
  3.4%7.6%
  0.2%0.1%
  6.5%4.2%
  6.0%9.3%
  17.9%14.0%
  1.2%2.1%
  7.9%7.0%
  6.8%4.8%
  6.2%4.7%
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