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ZIP Code 20907

Learn about the people, housing, costs and businesses in 20907

Median Rent$2,117/month
Population1,632
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services20% arts, food & hospitality
Home Value Growth⬆⬆+11.5% over 2 years
Young Adults71% of residentstop 1% nationally
NotableHighly Educated36% bachelor's · 20% graduate · top 4% nationally
ZIP Code
20907

Frequently Asked Questions

What are today's mortgage rates in ZIP code 20907?

As of today, the 30-year fixed mortgage rate for ZIP code 20907 is approximately 6.900% (6.936% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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Are home values rising in ZIP code 20907?

Home values in ZIP code 20907 have increased 11.5% 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 20907?

Based on a typical all-in ownership cost of $2,117/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $91k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 20907 is $85k/year.

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What industries drive the economy in ZIP code 20907?

The largest employment sectors in ZIP code 20907 are public administration (27%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

Other ZIP codes in SILVER SPRING