20723 can be classified socioeconomically as Middle Class class compared to other ZIP Codes in Maryland based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 20723 is White. The majority race/ethnicity attending public schools in 20723 is African American. The current unemployment level in 20723 is 4.4%.
| Population | 35,845 |
| Population Growth Rate | 2.38% |
| Population Density | 2,769 People per Square Mile |
| Total Households | 10,067 |
| Percentage High Income Households | 16.2% |
| Median Household Income (2021) | $123,467 |
| Average Adjusted Gross Income (2021) | $346,490 |
| Current Unemployment Rate (May 2026) | 4.4% |
| Sales Tax Rate (2025) | 6.0% |
| Majority Race/Ethnicty | White - 43.98% |
| Public School Majority Race/Ethnicty | African American - 35.30% |
20723 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 15,094 | 43.98% |
| Black | 10,120 | 29.49% |
| Hispanic | 2,968 | 8.65% |
| Asian | 6,054 | 17.64% |
| Native American | 83 | 0.24% |
| Hawaiian/Pac. Islander | 0 | 0% |
20723 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 889 | 23.54% |
| Black | 1,433 | 37.95% |
| Hispanic | 700 | 18.54% |
| Asian | 738 | 19.54% |
| Native American | 8 | 0.21% |
| Hawaiian/Pac. Islander | 8 | 0.21% |
20723 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 990 | 5.62% |
| Bachelor Degree | 5,048 | 28.66% |
| High School Diploma | 3,088 | 17.53% |
| No High School Diploma | 202 | 1.15% |
| GED or Alternate | 179 | 1.02% |
| 1 or More Years of College | 2,840 | 16.13% |
| Associates Degree | 972 | 5.52% |
| Masters Degree | 2,869 | 16.29% |
| Professional Degree | 605 | 3.44% |
| Doctorate Degree | 818 | 4.64% |