Zip 21660 (Ridgely, MD) Economy


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United States / Maryland / No Metro Area / Caroline County / Ridgely / Ridgely (zip 21660)
21660 Ridgely, MD is situated in Queen Anne's County and is a great place to live with many things to do. It is close to major cities like Baltimore and Annapolis making it an ideal location for commuters. The area has a low unemployment rate of 4.2%, and the cost of living is 14% lower than the U.S average. In terms of housing, the 2 bedroom rent in Ridgely is $1,040 which is significantly lower than the U.S average of $1,430. Additionally, the grocery cost index in Ridgely is 101 versus 100 in the US, which further shows Ridgely as a great value area to live in.
The town offers various attractions such as parks, beaches, golf courses, historical sites and more with several nearby outdoor activities such as fishing and bird watching also available. Local companies include ACME Stainless Steel Products Inc., Chesapeake Bay Maritime Museum and K&K Poultry Farms Inc., while there are numerous restaurants offering delicious cuisine from all around the world. Shopping malls are also conveniently located for those looking for retail therapy or simply to spend some quality time with friends or family members.

Ridgely (zip 21660) has an unemployment rate of 4.9%. The US average is 6.0%.

Ridgely (zip 21660) has seen the job market decrease by -7.1% 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 Ridgely (zip 21660)
- The Sales Tax Rate for Ridgely (zip 21660) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ridgely (zip 21660) 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 Ridgely (zip 21660)
- The average income of a Ridgely (zip 21660) resident is $31,851 a year. The US average is $37,638 a year.
- The Median household income of a Ridgely (zip 21660) resident is $71,900 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRidgely, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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