20723 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 20723 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMaryland
CityLaurel
Time ZoneAmerica/New_York
Geo Location39.13694, -76.86662
Population35342
Size34.02 square miles
Median Family Income$155804.00
Median Home Value$425600.00

Population & Demographics

The following information lists the population statistics and breakdown for the 20723 zip code. The total population is 35342, of which, 17111 are male and 18231 are female. With a total area of 34.02 square miles, the population density is 1040.9 people per square mile. The median age of the population is 36.3 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201127639
201228739
201329882
201431049
201532129
201633399
201734521
201835091
201935411
202036082
202135342

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 25457.2%
Age 5-927867.9%
Age 10-1423226.6%
Age 15-1921936.2%
Age 20-2423016.5
Age 25-2920205.7%
Age 30-3423386.6%
Age 35-3931408.9%
Age 40-442436 6.9%
Age 45-4924486.9%
Age 50-5421446.1%
Age 55-5924887%
Age 60-6423266.6%
Age 65-6917344.9%
Age 70-749482.7%
Age 75-796881.9%
Age 80-843150.9%
Age 85 and over1700.5%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 31.2 %
  • Speaks Spanish: 7 %
  • Speaks Other Indo-European Language: 9.3 %
  • Speaks Pacific Island Languages: 8.8 %
  • Speak Other Languages: 6.1 %
Marital Status: 
  • Currently Married: 56.6 %
  • Divorced: 7.6 %
  • Separated (not divorced): 1.2 %
  • Never Married: 31.1 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 20723 zip code is $155804. This is 91.98% greater than the national average. This income places 2.9% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $41588. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0069
$10,000.00 – $14,999.0017
$15,000.00 – $24,999.0061
$25,000.00 – $34,999.00221
$35,000.00 – $49,999.00460
$50,000.00 – $74,999.00777
$75,000.00 – $99,999.001001
$100,000.00 – $149,999.001558
$150,000.00 – $199,999,001799
$200,000.00 +2950

YearMedian Family Income ($ USD)
2011120392
2012118972
2013122358
2014125152
2015117785
2016121921
2017127260
2018135308
2019139402
2020147902
2021155804

Income Source# of Households
Wage or Salary10539
Self Employment1601
Social Security2330
Dividends, Interest, or Rental3346
Retirement2498
Other1149

Total Insured & Uninsured Individuals: 
  • Families Insure: 33276
  • Families Uninsured: 1698
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 2498
  • No retirement income: 9380

Education

In the 20723 zip code, 94% of individuals over 25 years old have a high school degree or higher, and 61.6% have a bachelors degree or higher. Additionally, 16.9% of individuals 3 years and older are in private school, and 83.1% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 20723 zip, there are an estimated 19906 people in the labor force, of which, 18699 are employed, and 839 are unemployed. There are a total of 368 people in the armed forces. The average commute time for this zip code is 33.1 minutes. Of the total people that work, 2929 worked from home and 18647 commuted. The average number of hours worked is 38.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts11470
Services2152
Sales and Office2667
Construction and Maintenance:1020
Transportation and Material Moving1390





Housing

The median home value for the 20723 zip code is 425600. There is an estimated  11878 number of occupied housing units, the median gross rent in is $1799 per month, and the average monthly housing costs are estimated to be $1927. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000225
$50,000 – $99,00048
$100,000 – $149,99977
$150,000 – $199,999557
$200,000 – $299,9991075
$300,000 – $499,9993634
$500,000 – $999,9992977
$1,000,000+96

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 20191583
2000 – 20092031
1980 – 19995404
1960 – 19792074
1940 – 1959664
1939 or earlier122

The median number of rooms in all housing units is 6.5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5008
$500 – $999120
$1,000 – $1,499362
$1,500 – $1,9991817
$2,000 – $2,499512
$2,499 – $2,999115
$3,000 + 219

Monthly Housing Costs ($)Number of Households
Less than 300109
300-499205
500-7991033
800-999591
1000-14991178
1500-19993339
2000-24991822
2500-29991298
3000+2267

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%3409
20%-24.9%1167
25%-29.9%791
30%-34.9%429
35+%829



# of VehiclesHouseholds
None307
13181
25569
3+2821
Home Heating Characteristics: 
  • Utility Gas: 41.2 %
  • Bottle Tank or LP Gas: 1.1 %
  • Electricity: 52.4 %
  • Oil or Kerosene etc: 4.7 %
  • Coal or Coke: 0 %
  • All Other: 0.6 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.