\nWashington, DC is an attractive place to live for many reasons. The 2 bedroom rent in the city is $1,330 which is lower than the US average of $1,430. Additionally, the Grocery Cost Index in Washington, DC is 109 versus the US average of 100. For those looking to settle down in a bustling and vibrant city with plenty of job opportunities, Washington has much to offer. Major companies like Amazon Web Services, Fannie Mae, Lockheed Martin and Northrop Grumman are all headquartered in the District of Columbia. Additional prominent companies such as Marriott International, The Advisory Board Company and Discovery Communications also have their headquarters here. With a number of other large businesses located throughout the region, residents of DC can always find employment opportunities close to home.
Washington (zip 20020) has an unemployment rate of 7.0%. The US average is 6.0%.
Washington (zip 20020) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Washington (zip 20020)
- The Sales Tax Rate for Washington (zip 20020) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Washington (zip 20020) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Washington (zip 20020)
- The average income of a Washington (zip 20020) resident is $20,754 a year. The US average is $28,555 a year.
- The Median household income of a Washington (zip 20020) resident is $43,118 a year. The US average is $69,021 a year.