Zip 21904 (Port Deposit, MD) Economy


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21904 Port Deposit, MD is a charming small town situated in Cecil County with much to offer. It has a strong sense of community and plenty of activities to partake in. The 2 bedroom rent is slightly lower than the national average at $1,220 per month while having a Grocery Cost Index at 102 versus the US average of 100. This means that groceries are slightly more expensive than the national average. Living in Port Deposit comes with many advantages including access to local businesses such as Acme Markets, Walmart, and Main Street Tires & Wheels. These stores offer everything from groceries and tires to unique gifts and souvenirs. While the cost of living may be slightly higher than the national average due to groceries, overall it is still affordable making it an excellent option for anyone looking for a comfortable place to call home.

Port Deposit (zip 21904) has an unemployment rate of 5.3%. The US average is 6.0%.

Port Deposit (zip 21904) 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 28.2%, which is lower than the US average of 33.5%.

Tax Rates for Port Deposit (zip 21904)
- The Sales Tax Rate for Port Deposit (zip 21904) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Port Deposit (zip 21904) 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 Port Deposit (zip 21904)
- The average income of a Port Deposit (zip 21904) resident is $29,635 a year. The US average is $28,555 a year.
- The Median household income of a Port Deposit (zip 21904) resident is $88,657 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPort Deposit, MarylandUnited States
  5.36
  -5.5%-6.2%
  28.2%33.5%
  6.0%6.2%
  7.8%4.6%
  $40,840$37,638
  $88,657$69,021
  $98,934$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  8.4%6.8%
  8.2%10.0%
  2.6%2.5%
  14.9%11.0%
  6.5%4.8%
  1.0%0.8%
  1.9%1.9%
  4.5%4.7%
  0.4%1.9%
  8.2%7.6%
  0.6%0.1%
  3.7%4.2%
  5.1%9.3%
  11.5%14.0%
  1.7%2.1%
  11.4%7.0%
  1.6%4.8%
  7.1%4.7%
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