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ZIP Code 20740, MD

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 20740.

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Community Insights

Highly Educated
27% bachelor's · 18% graduate
top 16% nationally
High Incomes
$86k/year
top 29% nationally
Leading Industries
Public Administration · Professional Services · Arts, Food & Hospitality
32% public administration
Home Value Growth⬆⬆
+15.0% over 2 years
Young Adults
50% of residents
top 3% nationally
Renters
61% of occupied units

People & Demographics

Total Population36,908
Households
Under 18
16.0%
Age 18–34
50.0%
Age 35–64
23.0%
Age 65+
11.0%
Veterans
3.0%
Active Duty
0.0%

Housing & Living

Median Home Value$464,385
Median Gross Rent$1,968/mo
Owner Occupied
39.2%
Renter Occupied
60.8%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$86,476
Poverty Rate

Key Industries

Healthcare13.0%
Professional Services3.0%
Manufacturing0.0%
Retail2.0%
Education2.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
27.0%
Master's or Higher
18.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 20740?

The total population of ZIP code 20740 is approximately 36,908. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 20740?

The housing market in ZIP code 20740 is predominantly driven by renters, with 39% of housing units being owner-occupied and 61% being renter-occupied.

What is the education level of residents in ZIP code 20740?

In ZIP code 20740, approximately 27% of adult residents hold a bachelor's degree or higher. Additionally, 18% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.