20602 Waldorf, MD is an ideal place to live and raise a family. It is known for its low crime rate, excellent schools, and rich cultural diversity. The median 2 bedroom rent in 20602 Waldorf, MD is $1,710 which is lower than the US average of $1,430. Additionally, the grocery cost index in this area is 107 versus 100 in the US.
The area boasts many local companies such as Safeway and the Marlow House Restaurant that offer great products and amazing dining experiences. In addition to these businesses, there are also many other amenities one can enjoy such as nearby parks, libraries, golf courses and shopping centers. Overall, 20602 Waldorf, MD has something for everyone no matter what they’re looking for from a place to live.
Waldorf (zip 20602) has an unemployment rate of 5.9%. The US average is 6.0%.
Waldorf (zip 20602) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Waldorf (zip 20602)
- The Sales Tax Rate for Waldorf (zip 20602) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Waldorf (zip 20602) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Waldorf (zip 20602)
- The average income of a Waldorf (zip 20602) resident is $30,792 a year. The US average is $28,555 a year.
- The Median household income of a Waldorf (zip 20602) resident is $93,814 a year. The US average is $69,021 a year.