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ZIP Code 20850

Learn about the people, housing, costs and businesses in 20850

Median Home$738,248
Median Rent$2,584/month
Population41,816
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services21% arts, food & hospitality
Home Value Growth⬆⬆+11.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners56% of occupied units
NotableHigh Incomes$152k/year · top 4% nationally
NotableHighly Educated28% bachelor's · 24% graduate · top 15% nationally
ZIP Code
20850

Frequently Asked Questions

What are today's mortgage rates in ZIP code 20850?

As of today, the 30-year fixed mortgage rate for ZIP code 20850 is approximately 6.813% (6.846% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 20850
What is the median home price in ZIP code 20850?

The median home value in ZIP code 20850 is $738k. The median monthly rent is $2,584. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 20850?

Home values in ZIP code 20850 have increased 11.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 20850?

Based on a typical all-in ownership cost of $2,600/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $111k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 20850 is $152k/year.

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What industries drive the economy in ZIP code 20850?

The largest employment sectors in ZIP code 20850 are healthcare (24%) and public administration (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

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