Annapolis, MD is a city in Anne Arundel County with a population of 40,174. The two-bedroom rental cost in Annapolis is $2,070 which is significantly higher than the US average of $1,430. Furthermore, the Grocery Cost Index for Annapolis is 106 compared to the US average of 100. This means that groceries are slightly more expensive in Annapolis than other areas across the United States. Local businesses such as Giant Food and Safeway offer competitive grocery prices and are popular among residents for their convenience and customer service. Additionally, several chain stores such as Target, Walmart and Best Buy provide quality goods and services at competitive prices for residents of Annapolis.
Annapolis (zip 21401) has an unemployment rate of 5.4%. The US average is 6.0%.
Annapolis (zip 21401) has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 31.4%, which is lower than the US average of 33.5%.
Tax Rates for Annapolis (zip 21401)
- The Sales Tax Rate for Annapolis (zip 21401) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Annapolis (zip 21401) is 7.3%. The US average is 4.6%.
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Income and Salaries for Annapolis (zip 21401)
- The average income of a Annapolis (zip 21401) resident is $67,910 a year. The US average is $37,638 a year.
- The Median household income of a Annapolis (zip 21401) resident is $112,599 a year. The US average is $69,021 a year.