Zip 20764 (Shady Side, MD) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
20764 Shady Side, MD is an idyllic location for those looking for a suburban lifestyle with access to nearby amenities. The estimated two bedroom rent in the area is $2,260, slightly higher than the US average of $1,430. Grocery cost index in 20764 Shady Side is also higher than the national average at 103 versus 100. There are many local attractions that are popular in this area such as Chesapeake Beach Water Park and Chesapeake Bay Distillery. Shopping enthusiasts can enjoy some retail therapy at nearby stores like Michaels and Walmart on Maryland Route 4. Foodies won’t be disappointed either as there is an abundant selection of restaurants such as Flying Fish Seafood & Grill and Tantallon Pizzeria & Café.

Shady Side (zip 20764) has an unemployment rate of 4.9%. The US average is 6.0%.

Shady Side (zip 20764) 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 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Shady Side (zip 20764)
- The Sales Tax Rate for Shady Side (zip 20764) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Shady Side (zip 20764) is 7.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Shady Side (zip 20764)
- The average income of a Shady Side (zip 20764) resident is $38,942 a year. The US average is $28,555 a year.
- The Median household income of a Shady Side (zip 20764) resident is $97,778 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShady Side, MarylandUnited States
  4.96
  -6.2%-6.2%
  32.7%33.5%
  6.0%6.2%
  7.3%4.6%
  $57,035$37,638
  $97,778$69,021
  $101,019$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.6%6.8%
  6.5%10.0%
  0.7%2.5%
  12.5%11.0%
  6.9%4.8%
  0.0%0.8%
  7.0%1.9%
  1.3%4.7%
  0.0%1.9%
  11.7%7.6%
  0.0%0.1%
  1.0%4.2%
  6.4%9.3%
  3.5%14.0%
  3.4%2.1%
  7.2%7.0%
  9.9%4.8%
  9.2%4.7%
Health