20629 Solomons, MD is an ideal place to live for those looking for a community with plenty of local offerings. The two bedroom rent is $1,990 and the grocery cost index in Solomons, MD is 107 versus 100 in the US. Local companies include Solomons Gourmet, Eastern Shore Pizza, Chef Al’s Restaurant & Catering Company and Atlantic Marine Electronics. Solomons Gourmet offers an array of delicious gourmet dishes prepared with fresh ingredients. Eastern Shore Pizza offers a variety of pizzas and other Italian favorites. Chef Al’s Restaurant & Catering Company provide catering services as well as a full-service restaurant. Lastly, Atlantic Marine Electronics specializes in marine electronics sales and installation services for your boating needs.
Solomons (zip 20629) has an unemployment rate of 4.5%. The US average is 6.0%.
Solomons (zip 20629) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Solomons (zip 20629)
- The Sales Tax Rate for Solomons (zip 20629) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Solomons (zip 20629) 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 Solomons (zip 20629)
- The average income of a Solomons (zip 20629) resident is $44,066 a year. The US average is $37,638 a year.
- The Median household income of a Solomons (zip 20629) resident is $76,618 a year. The US average is $69,021 a year.