ZIP 20901 - 860Z200US20901 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 20901 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area. Located in Maryland, ZIP 20901 is a vibrant community with a population of over 37,000 and a strong economic foundation. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the makeup of this area can help you make informed decisions. Let’s dive into the key metrics for 2023, focusing on population, income, housing, and diversity.

Population & Households

ZIP 20901 is home to 37,338 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 13,495 households, reflecting a variety of family structures and living arrangements. With 13,783 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth, appealing to those seeking a settled yet dynamic place to live or work.

Income & Housing Costs

One of the standout features of ZIP 20901 is its robust economic profile. The median household income stands at $127,133, well above the national average, signaling a financially secure population with significant purchasing power. This makes the area particularly attractive for businesses targeting higher-income consumers. On the housing front, the median home value is $571,300, reflecting a competitive real estate market with substantial investment potential. For renters, the median rent is $1,785 per month, which aligns with the area’s higher cost of living but also indicates demand for rental properties. These figures highlight ZIP 20901 as a premium location for both homeowners and investors.

Race & Ethnicity

Diversity is a defining characteristic of ZIP 20901, with a rich cultural tapestry that enhances community life. The racial composition includes 38.81% White, 27.95% Black, 7.55% Asian, and 19.54% Hispanic residents. This blend of backgrounds creates a welcoming environment for families and businesses alike, offering opportunities for cultural exchange and broad market appeal. For small-business owners, this diversity can translate into a wide customer base with varied needs and preferences, while homebuyers may appreciate the inclusive atmosphere for raising a family or building connections.

Key Facts

• Total population: 37,338 residents, offering a sizable community for engagement or investment.
• Total households: 13,495, indicating a strong base of local consumers and families.
• Median household income: $127,133, reflecting significant economic strength.
• Median home value: $571,300, pointing to a high-value real estate market.
• Median rent: $1,785, suggesting steady demand for rental housing.
• Diverse population: White (38.81%), Black (27.95%), Asian (7.55%), Hispanic (19.54%).
• Total housing units: 13,783, with a small surplus over households, hinting at market opportunities.

What This Means for You

For homebuyers, ZIP 20901 offers a prosperous and diverse community with high-quality housing, though the median home value of $571,300 means you’ll need to budget for a premium market. The strong median income suggests neighbors with financial stability, often correlating with well-maintained properties and good schools. Real estate investors and agents will find potential in the slight surplus of housing units and high property values, which could yield strong returns, especially in rentals given the $1,785 median rent. Small-business owners can leverage the area’s diversity and high income levels to target a wide, affluent customer base—think specialty retail, dining, or professional services. Analysts can use these metrics to benchmark ZIP 20901 against nearby areas, identifying trends in housing demand or economic growth. Whatever your goal, this data provides a solid foundation for planning your next move.

Run This Study Yourself

• Want to explore ZIP 20901 further or analyze another area? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
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