Zip 21562 (Westernport, MD) Economy


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The small town of Westernport, MD is located in Allegany County, with a population of only 21562 according to the latest census. The 2 bedroom rent in this area is $860, which is significantly lower than the US average of $1430. This makes the town an attractive option for those looking for more affordable housing. Additionally, the grocery cost index here is 99 compared to 100 in the US, making it a great place for those who want to save money on groceries.
Westernport has many local companies and businesses that make it a great place to live and work. Some of these include J&J Automotive Repair, The Flower Basket Florist boutique, and Duck's Diner restaurant. These businesses provide employment and services to residents of this small town. There's also a variety of parks and outdoor recreation areas nearby where locals can take some time out from their day-to-day lives to enjoy nature and exercise outdoors.

Westernport (zip 21562) has an unemployment rate of 6.9%. The US average is 6.0%.

Westernport (zip 21562) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.

Tax Rates for Westernport (zip 21562)
- The Sales Tax Rate for Westernport (zip 21562) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westernport (zip 21562) 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 Westernport (zip 21562)
- The average income of a Westernport (zip 21562) resident is $24,232 a year. The US average is $28,555 a year.
- The Median household income of a Westernport (zip 21562) resident is $46,961 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWesternport, MarylandUnited States
  6.96
  -7.1%-6.2%
  24.6%33.5%
  6.0%6.2%
  7.8%4.6%
  $21,721$37,638
  $46,961$69,021
  $56,002$85,028
  Population by Occupation
  0.0%1.2%
  1.4%0.5%
  7.4%6.8%
  20.5%10.0%
  3.7%2.5%
  10.0%11.0%
  3.2%4.8%
  1.8%0.8%
  1.5%1.9%
  4.0%4.7%
  1.8%1.9%
  0.7%7.6%
  0.0%0.1%
  5.0%4.2%
  6.2%9.3%
  14.7%14.0%
  0.6%2.1%
  9.0%7.0%
  2.4%4.8%
  6.0%4.7%
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