Zip 21655 (Preston, MD) Economy


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United States / Maryland / No Metro Area / Caroline County / Preston / Preston (zip 21655)
21655 Preston, MD is an ideal location for those looking to rent an affordable two-bedroom apartment. The 2 bedroom rent here is $1,050 compared to the US average of $1,430. Furthermore, the grocery cost index in 21655 Preston is 100 which is on par with the national index. It’s also conveniently located near local companies such as Chesapeake Nutrition & Health Food Store and Home Services by Angel LLC. With easy access to these businesses, residents are well equipped with all their needs for everyday life.

Preston (zip 21655) has an unemployment rate of 4.9%. The US average is 6.0%.

Preston (zip 21655) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.

Tax Rates for Preston (zip 21655)
- The Sales Tax Rate for Preston (zip 21655) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Preston (zip 21655) is 7.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Preston (zip 21655)
- The average income of a Preston (zip 21655) resident is $28,567 a year. The US average is $28,555 a year.
- The Median household income of a Preston (zip 21655) resident is $77,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPreston, MarylandUnited States
  4.96
  -7.1%-6.2%
  29.4%33.5%
  6.0%6.2%
  7.5%4.6%
  $42,761$37,638
  $77,917$69,021
  $86,646$85,028
  Population by Occupation
  6.4%1.2%
  0.0%0.5%
  12.3%6.8%
  6.1%10.0%
  4.6%2.5%
  10.4%11.0%
  5.9%4.8%
  0.7%0.8%
  2.1%1.9%
  2.1%4.7%
  2.5%1.9%
  6.6%7.6%
  0.0%0.1%
  2.7%4.2%
  5.7%9.3%
  14.0%14.0%
  0.5%2.1%
  4.0%7.0%
  6.3%4.8%
  7.3%4.7%
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