ZIP code 20874: income, home prices and cost of living

The median household income in ZIP 20874 is $108,211, which is 6% above the Maryland median of $102,536 and 57% above the national figure. The typical home is valued at $376,100, and the median rent is $1,866/month. 65.0% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$108,211

Maryland average
$102,5366%
National
$68,75057%

Median home value

$376,100

Maryland average
$380,3001%
National
$209,60079%

Median gross rent

$1,866

Maryland average
$1,54721%
National
$98490%

Median age

37.4 yrs

Maryland average
40.9 yrs9%
National
41.0 yrs9%

Homeownership rate

65.0%

Maryland average
79.0%18%
National
75.8%14%

Bachelor's degree or higher

25.3%

Maryland average
21.4%19%
National
15.9%59%

How ZIP 20874 compares with Maryland and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Homes in 20874 typically sell around $376,100. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Maryland

20872208762087120877208782087920866208822088620855

Or compare 20874 with 20872.

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See every local figure on the Maryland money guide.

What people search about ZIP 20874

Searches for the cost of living in 20874, the median household income in 20874, average rent in 20874 and home values in this part of Maryland all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 20874, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.