ZIP code 20878: income, home prices and cost of living

The median household income in ZIP 20878 is $141,902, which is 38% above the Maryland median of $102,536 and 106% above the national figure. The typical home is valued at $654,500, and the median rent is $2,068/month. 69.4% of households own their home.

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

Median household income

$141,902

Maryland average
$102,53638%
National
$68,750106%

Median home value

$654,500

Maryland average
$380,30072%
National
$209,600212%

Median gross rent

$2,068

Maryland average
$1,54734%
National
$984110%

Median age

40.3 yrs

Maryland average
40.9 yrs1%
National
41.0 yrs2%

Homeownership rate

69.4%

Maryland average
79.0%12%
National
75.8%8%

Bachelor's degree or higher

35.6%

Maryland average
21.4%67%
National
15.9%124%

How ZIP 20878 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 20878 typically sell around $654,500. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Maryland

20877208792087620874208822087220871208862086620895

Or compare 20878 with 20877.

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See every local figure on the Maryland money guide.

What people search about ZIP 20878

Searches for the cost of living in 20878, the median household income in 20878, average rent in 20878 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 20878, 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.