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Zip 20714 (North Beach, MD) Economy


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United States / / / North Beach (zip 20714)
20714 North Beach, MD is an ideal place to live and provides many benefits to its residents. It is a quiet beach town with easy access to Ocean City and other popular beaches. The average two bedroom rent in 20714 North Beach, MD is $1,810 which is less than the US average of $1,430. This makes it an affordable option for those looking to live close to the coast. Moreover, the Grocery Cost Index in 20714 North Beach is 107 versus 100 in the US indicating a relatively low cost of living.
The town offers plenty of dining and shopping options with local businesses such as Hill鈥檚 Variety Store, Off The Hook Fish Market & Grill and North Beach Harbor Caf茅 serving up delicious meals or providing goods for the home. There are also ample outdoor activities available with plenty of parks and nearby lakes providing fishing opportunities. All in all 20714 North Beach, MD provides a great quality of life at an affordable price point making it an ideal place to live for anyone looking for a beachfront community experience.

North Beach (zip 20714) has an unemployment rate of 4.5%. The US average is 6.0%.

North Beach (zip 20714) 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 37.3%, which is higher than the US average of 33.5%.

Tax Rates for North Beach (zip 20714)
- The Sales Tax Rate for North Beach (zip 20714) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for North Beach (zip 20714) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for North Beach (zip 20714)
- The average income of a North Beach (zip 20714) resident is $37,905 a year. The US average is $37,638 a year.
- The Median household income of a North Beach (zip 20714) resident is $79,655 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Beach, MarylandUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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