Zip 21713 (Boonsboro, MD) Economy


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Boonsboro, MD is a small town located in Washington County. The population of Boonsboro is 2,171 people, as of the 2020 census. Boonsboro offers a variety of amenities to its citizens, such as quality schools, parks, recreational centers and an array of local businesses.
The average rent for a two-bedroom apartment in Boonsboro is $1,550 per month, slightly higher than the US average rent of $1,430 for the same apartment size. Grocery costs in Boonsboro are also slightly more expensive than in the rest of the United States - the cost index for Boonsboro is 107 versus 100 throughout the US.
Local businesses in Boonsboro range from restaurants and cafes like Bistro Forty Two or Main Street Deli & Catering to clothing stores like Nature’s Calling Boutique or Stitch Me Up Alterations & Sewing Studio. There are also numerous home improvement stores nearby such as Ace Hardware and True Value Hardware.

Boonsboro (zip 21713) has an unemployment rate of 5.6%. The US average is 6.0%.

Boonsboro (zip 21713) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Boonsboro (zip 21713)
- The Sales Tax Rate for Boonsboro (zip 21713) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Boonsboro (zip 21713) is 7.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Boonsboro (zip 21713)
- The average income of a Boonsboro (zip 21713) resident is $43,470 a year. The US average is $37,638 a year.
- The Median household income of a Boonsboro (zip 21713) resident is $98,472 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBoonsboro, 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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