21120 Parkton, MD is a great place to live and work. The 2 bedroom rent in this area is $1,870, which is slightly higher than the US 2 bedroom rent of $1,430. Additionally, the grocery cost index here is 107 versus the 100 in the US. This means that goods are generally more expensive here than elsewhere in the country. There are many local businesses that call 21120 Parkton home including Leverage Technologies Inc., NuGrow Farms LLC., Trinity Engineering Inc., and Syecom Solutions LLC. All of these companies provide employment opportunities for people living in 21120 Parkton and help contribute to a vibrant local economy.
Parkton (zip 21120) has an unemployment rate of 6.0%. The US average is 6.0%.
Parkton (zip 21120) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Parkton (zip 21120)
- The Sales Tax Rate for Parkton (zip 21120) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Parkton (zip 21120) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Parkton (zip 21120)
- The average income of a Parkton (zip 21120) resident is $47,180 a year. The US average is $28,555 a year.
- The Median household income of a Parkton (zip 21120) resident is $137,761 a year. The US average is $69,021 a year.