20740 can be classified socioeconomically as Lower 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 20740 is White. The majority race/ethnicity attending public schools in 20740 is Hispanic. The current unemployment level in 20740 is 3.4%.
Population | 36,583 |
Population Growth Rate | 16.62% |
Population Density | 4,059 People per Square Mile |
Total Households | 9,061 |
Percentage High Income Households | 5.2% |
Median Household Income (2021) | $70,515 |
Average Adjusted Gross Income (2021) | $293,210 |
Current Unemployment Rate (October 2024) | 3.4% |
Majority Race/Ethnicty | White - 44.60% |
Public School Majority Race/Ethnicty | Hispanic - 57.97% |
20740 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 17,165 | 44.6% |
Black | 7,856 | 20.41% |
Hispanic | 8,052 | 20.92% |
Asian | 5,328 | 13.84% |
Native American | 84 | 0.22% |
Hawaiian/Pac. Islander | 0 | 0% |
20740 Public School Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 129 | 10.5% |
Black | 262 | 21.34% |
Hispanic | 727 | 59.2% |
Asian | 109 | 8.88% |
Native American | 1 | 0.08% |
Hawaiian/Pac. Islander | 0 | 0% |
20740 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 451 | 3.51% |
Bachelor Degree | 3,062 | 23.8% |
High School Diploma | 2,636 | 20.49% |
No High School Diploma | 232 | 1.8% |
GED or Alternate | 229 | 1.78% |
1 or More Years of College | 1,723 | 13.39% |
Associates Degree | 723 | 5.62% |
Masters Degree | 2,455 | 19.08% |
Professional Degree | 539 | 4.19% |
Doctorate Degree | 817 | 6.35% |