Zip 21797 (Woodbine, MD) Economy


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21797 Woodbine, MD is a great place to live with an affordable rent of $1,630 for a 2 bedroom. The cost of living index in 21797 Woodbine is 8% higher than the US average which is demonstrated by groceries costing 8% more than the US average. 21797 Woodbine has many local businesses such as Trego-Dill Surveying Co., Hendershot Enterprises, and Newman & Sons Plumbing & Heating Co that make local shopping convenient and accessible.

Woodbine (zip 21797) has an unemployment rate of 4.5%. The US average is 6.0%.

Woodbine (zip 21797) 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 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Woodbine (zip 21797)
- The Sales Tax Rate for Woodbine (zip 21797) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Woodbine (zip 21797) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Woodbine (zip 21797)
- The average income of a Woodbine (zip 21797) resident is $50,370 a year. The US average is $28,555 a year.
- The Median household income of a Woodbine (zip 21797) resident is $146,908 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodbine, MarylandUnited States
  4.56
  -6.2%-6.2%
  34.2%33.5%
  6.0%6.2%
  8.0%4.6%
  $60,336$37,638
  $146,908$69,021
  $158,088$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  11.8%6.8%
  4.5%10.0%
  3.3%2.5%
  7.0%11.0%
  2.3%4.8%
  0.6%0.8%
  0.7%1.9%
  6.8%4.7%
  1.0%1.9%
  14.5%7.6%
  0.0%0.1%
  6.1%4.2%
  6.6%9.3%
  11.9%14.0%
  1.9%2.1%
  5.2%7.0%
  6.6%4.8%
  6.9%4.7%
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