20724 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 20724 is African American. The majority race/ethnicity attending public schools in 20724 is African American. The current unemployment level in 20724 is 4.4%.
| Population | 18,345 |
| Population Growth Rate | 0.00% |
| Population Density | 2,256 People per Square Mile |
| Total Households | 6,276 |
| Percentage High Income Households | 5.6% |
| Median Household Income (2021) | $96,036 |
| Average Adjusted Gross Income (2021) | $287,680 |
| Current Unemployment Rate (May 2026) | 4.4% |
| Sales Tax Rate (2025) | 6.0% |
| Majority Race/Ethnicty | African American - 45.24% |
| Public School Majority Race/Ethnicty | African American - 47.40% |
20724 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 6,020 | 31.4% |
| Black | 8,674 | 45.24% |
| Hispanic | 3,010 | 15.7% |
| Asian | 963 | 5.02% |
| Native American | 506 | 2.64% |
| Hawaiian/Pac. Islander | 0 | 0% |
20724 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 148 | 8.58% |
| Black | 847 | 49.13% |
| Hispanic | 630 | 36.54% |
| Asian | 88 | 5.1% |
| Native American | 7 | 0.41% |
| Hawaiian/Pac. Islander | 4 | 0.23% |
20724 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 556 | 5.8% |
| Bachelor Degree | 2,652 | 27.68% |
| High School Diploma | 1,696 | 17.7% |
| No High School Diploma | 155 | 1.62% |
| GED or Alternate | 220 | 2.3% |
| 1 or More Years of College | 1,540 | 16.07% |
| Associates Degree | 768 | 8.02% |
| Masters Degree | 1,677 | 17.5% |
| Professional Degree | 204 | 2.13% |
| Doctorate Degree | 113 | 1.18% |