Zip 21783 (Smithsburg, MD) Economy


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21783 Smithsburg, MD is an excellent place to live with many local businesses available for both residents and visitors. Not just that, but the 2 bedroom rent in Smithsburg is significantly lower than the US average at $1,110 while still maintaining a high quality of life. In addition to this, people living in Smithsburg benefit from a low Grocery Cost Index score of 107 compared to 100 in the US. This means that groceries in Smithsburg are comparatively cheaper than most other places in the US. Some notable businesses around 21783 Smithsburg, MD include: S & J Appliances Inc., Yocom Electric Co Inc., Hinkle's Auto Body & Truck Repair Inc., and Hinkle's Auto Sales.

Smithsburg (zip 21783) has an unemployment rate of 5.6%. The US average is 6.0%.

Smithsburg (zip 21783) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Smithsburg (zip 21783)
- The Sales Tax Rate for Smithsburg (zip 21783) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Smithsburg (zip 21783) 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 Smithsburg (zip 21783)
- The average income of a Smithsburg (zip 21783) resident is $37,429 a year. The US average is $37,638 a year.
- The Median household income of a Smithsburg (zip 21783) resident is $89,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmithsburg, MarylandUnited States
  5.66
  -5.9%-6.2%
  24.5%33.5%
  6.0%6.2%
  7.6%4.6%
  $37,429$37,638
  $89,188$69,021
  $95,417$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  10.1%6.8%
  7.8%10.0%
  1.8%2.5%
  11.7%11.0%
  5.9%4.8%
  0.6%0.8%
  2.0%1.9%
  4.4%4.7%
  0.8%1.9%
  6.2%7.6%
  0.2%0.1%
  6.8%4.2%
  12.7%9.3%
  9.1%14.0%
  0.1%2.1%
  3.3%7.0%
  5.3%4.8%
  8.7%4.7%
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