20632 Faulkner, MD is a great place to live with plenty of amenities and reasonably priced housing. The two bedroom rent in this area is $1,670, which is slightly higher than the national average of $1,430. Additionally, the grocery cost index in 20632 Faulkner, MD is 107 versus 100 in the US, making it more expensive to buy food items than other locations.
The area has many local companies to choose from for employment opportunities as well as entertainment. Some of these businesses include Harwood's Automotive Repair & Tire Shop Inc., Calvert Internal Medicine LLC, and Hathaway's Seafood Restaurant & Market. These local stores are sure to provide residents with what they need and more.
Overall, 20632 Faulkner, MD has a slightly higher cost of living compared to the national average with rents being higher than median levels and groceries costing more as well; however there are many local businesses that make up for this difference by providing residents with quality products and services at competitive prices.
Faulkner (zip 20632) has an unemployment rate of 5.9%. The US average is 6.0%.
Faulkner (zip 20632) 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 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Faulkner (zip 20632)
- The Sales Tax Rate for Faulkner (zip 20632) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Faulkner (zip 20632) is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Faulkner (zip 20632)
- The average income of a Faulkner (zip 20632) resident is $30,118 a year. The US average is $37,638 a year.
- The Median household income of a Faulkner (zip 20632) resident is $0 a year. The US average is $69,021 a year.