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ZIP Code 20723

ZIP / ZCTA

Population: 36,319

ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — 20723

What is the median household income in 20723?
The median household income in 20723 is $129,870 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 20723?
The poverty rate in 20723 is 1.3% (U.S. Census Bureau ACS 2023).
What is the median home value in 20723?
$508,000 (U.S. Census Bureau ACS 2023).
What is the average rent in 20723?
The median gross rent in 20723 is $1,986 per month (U.S. Census Bureau ACS 2023).
What percentage of 20723 residents have a college degree?
60.4% of adults in 20723 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
36,319
Median Income
$129,870
Median Home Value
$508,000
Poverty Rate
1.3%
Unemployment (ACS 2023)
2.8%
Median Age
37.0 yrs
Since 2019 Median Income: +$11,992 (+10.2%) Home Value: +$101,200 (+24.9%) Poverty Rate: -1.5 pp (-53.6%) Bachelor's+: +3.7 pp (+6.5%) Unemployment: -2.2 pp (-44%)

Demographics

Total Population 36,319
Median Age 37.0
Female 52.6%
Race & Ethnicity
Hispanic or Latino 12.6% White (non-Hisp.) 35.6% Black 29.9% Asian 16.3% Two or More 8.4% Other 8.1%
Asian Subgroups (% of total pop.)
Indian
5.5%
Chinese
2.4%
Korean
2.4%
Filipino
1.0%
Vietnamese
0.6%
Hispanic Subgroups (% of total pop.)
Mexican
2.6%
Puerto Rican
1.3%
Cuban
0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $129,870 ±$7,640
Per Capita Income $164,385
Median Family Income $159,831
Poverty Rate 1.3%
Child Poverty Rate 2.1%
Working-Age Poverty Rate
SNAP Recipients 3.5%
Social Security Income
Retirement Income 23.7%
Household Income Distribution
< $10k
2.1%
$10–15k
0.3%
$15–25k
0.5%
$25–35k
2.6%
$35–50k
5.3%
$50–75k
9.7%
$75–100k
14.1%
$100–150k
21.0%
$150–200k
13.2%
$200k+
31.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 12,866
Owner-Occupied 69.6%
Renter-Occupied 30.4%
Vacancy Rate 3.9%
Median Home Value $508,000
Median Gross Rent $1,986
Owner Cost Burden (30%+) 15.4%
Renter Cost Burden (30%+) 27.5%
Home Value Distribution
< $50k
2.2%
$50–100k
0.4%
$100–200k
0.2%
$200–300k
5.8%
$300–500k
37.4%
$500k–$1M
49.0%
$1M+
2.1%
Gross Rent Distribution
$500–1k
1.7%
$1–1.5k
5.2%
$1.5–2k
44.4%
$2–2.5k
32.7%
$2.5–3.5k
4.5%
$3.5k+
11.6%
Vehicle Availability
No vehicle
2.5%
1 vehicle
30.6%
2 vehicles
43.9%
3+
22.9%
Housing Type
Single-fam. det.
44.4%
Single-fam. att.
30.8%
2–4 units
0.4%
5–19 units
4.5%
20+ units
6.0%
Mobile home
0.4%
Housing Age
Pre-1940
0.5%
1940–1969
0.4%
1970–1999
13.4%
2000–2009
21.7%
2010+
13.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 93.1%
Bachelor's or Higher 60.4%
Graduate Degree 28.4%
Some College / Associate 13.2%
Less Than High School 4.6%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 70.4%
Unemployment Rate 2.8%
Work from Home 23.2%
Self-Employed 4.0%
Government Workers 23.5%
Private For-Profit 72.5%
Industry
Edu/Health
25.1%
Prof. Services
18.9%
Public Admin
12.5%
Arts/Entmt.
8.6%
Finance
8.3%
Retail
6.6%
Manufacturing
4.2%
Construction
4.2%
Transportation
3.1%
Information
2.2%
Wholesale
1.1%
Agriculture
0.2%
Occupation
Management
61.1%
Sales
13.9%
Food Prep
13.6%
Production
6.5%
Construction
5.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 28.9 min
Drove Alone 66.7%
Carpool 7.0%
Public Transit 1.7%
Work from Home 23.2%
Walked 0.4%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 12,359
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 57.8%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 26.6%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
7.4%
5–9
6.2%
10–14
6.9%
15–19
6.1%
20–24
6.8%
25–34
12.9%
35–44
15.5%
45–54
12.6%
55–64
6.3%
65–74
6.7%
75–84
8.6%
85+
3.5%
Under 18: 24.4% Working age (18–64): 75.6% 65 and over: 12.6%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 25.3%
Naturalized Citizen 62.3%
Speaks English Less Than Very Well 11.0%
Foreign-Born Origin
Asia
45.0%
Latin America
22.5%
Africa
20.0%
Europe
11.5%

Veterans & Disability

Veteran 7.0%
With a Disability 6.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 94.1%
Uninsured 5.9%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 97.2%
Has a Computer 99.3%
Same House 1 Year Ago 90.3%
Moved from Abroad 1.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023