Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in ZCTA5 20720, Maryland?
ZIP code · Census ACS 5-Year estimates
The median home value in ZCTA5 20720, Maryland (ZIP 20720) is $564,600 (±$21,904), based on Census ACS 5-Year estimates (2024). The median gross rent is $3,118/month, and the median household income is $158,997/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 20720
| Metric | Value |
|---|---|
| Median Home Value | $564,600 |
| Median Gross Rent | $3,118 |
| Median Household Income | $158,997 |
| Total Housing Units | 8,301 |
| Renter-Occupied Units | 722 |
| Renter-Occupied Share | 9% |
How does ZIP 20720 compare?
Median home value ranked against all ZIP codes in Maryland.
Higher home value than 77% of ZIP codes in Maryland · 98th of 428
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 21056 | $2,000,001 |
| 2 | ZCTA5 20818 | $1,335,100 |
| 3 | ZCTA5 20815 | $1,294,200 |
| … 94 more … | ||
| 98 | ZCTA5 20720(you are here) | $564,600 |
| … 327 more … | ||
| 426 | ZCTA5 21835 | $51,100 |
| 427 | ZCTA5 21540 | $51,000 |
| 428 | ZCTA5 21840 | $9,999 |
More data for ZIP 20720
Frequently asked questions
What is the median home value in ZCTA5 20720, Maryland?
The median home value in ZCTA5 20720, Maryland (ZIP 20720) is $564,600, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in ZCTA5 20720, Maryland?
The median gross rent in ZCTA5 20720, Maryland (ZIP 20720) is $3,118/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in ZCTA5 20720, Maryland?
The median household income in ZCTA5 20720, Maryland is $158,997/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $564,600 has a margin of error of ±$21,904. In very small areas, MOEs can be large relative to the estimate.
Related guides
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free