ZIP 20735 - 860Z200US20735 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 20735, located in Clinton, Maryland, this demographic and housing snapshot offers a clear picture of the area based on 2023 data. With a population of nearly 38,000 and a strong median household income, this ZIP code presents a stable and diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living, working, or investing in 20735.

Population & Households

ZIP 20735 is home to 37,926 residents, making it a moderately sized community with a suburban feel. The area supports 13,318 households, reflecting a solid base of families and individuals. With 13,670 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable housing environment without significant overcrowding or scarcity.

Income & Housing Costs

One of the standout metrics for ZIP 20735 is its median household income of $123,125, which is notably higher than many surrounding areas. This figure points to a financially secure community, likely attracting professionals and families seeking a comfortable lifestyle. On the housing front, the median home value stands at $401,000, reflecting a robust real estate market that could offer good long-term value for buyers and investors. For renters, the median rent is $1,915 per month, which aligns with the area’s higher income levels and suggests a demand for quality rental properties.

Race & Ethnicity

The demographic makeup of ZIP 20735 is predominantly Black, with 76.29% of the population identifying as such, making it a culturally rich and tight-knit community. Hispanic residents account for 9.58%, while White and Asian populations are smaller at 7.42% and 2.14%, respectively. This diversity can be a draw for those seeking a vibrant, multicultural environment, and it offers unique opportunities for businesses catering to varied cultural needs and preferences.

Key Facts

• Total population: 37,926 residents, offering a sizable community for engagement or customer base.
• Total households: 13,318, indicating a strong residential foundation.
• Median household income: $123,125, reflecting significant purchasing power.
• Median home value: $401,000, suggesting a valuable real estate market.
• Median rent: $1,915, pointing to a competitive rental landscape.
• Racial composition: 76.29% Black, 9.58% Hispanic, 7.42% White, 2.14% Asian, showcasing diversity.
• Total housing units: 13,670, with a small surplus over occupied households, hinting at potential availability.

What This Means for You

For homebuyers, ZIP 20735 offers a financially stable community with median home values at $401,000, which could be a sound investment given the high median income of $123,125. The slight surplus of housing units may provide some negotiating room, though competition could still be strong due to the area’s appeal. Real estate investors and agents will find opportunity in both the purchase and rental markets, as the median rent of $1,915 indicates steady demand for quality rentals, while home values suggest potential for appreciation. Small-business owners can tap into a diverse and affluent customer base of nearly 38,000 residents, particularly by catering to the needs of the predominant Black and growing Hispanic communities—think cultural goods, services, or dining options. Analysts can use these metrics to benchmark 20735 against nearby ZIP codes, noting its strong income and housing stability as key differentiators.

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