20723 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 20723, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

20723 is a zip code in Howard County, Maryland, which covers District 5, Clarksville, District 6, and Savage, with a total population of 35,342 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 20723 zip code. The most basic data is the total population, which is the total number of people living in 20723.

The estimated population of people living in 20723 is 35,342, with a median age of 36.3.

We can look back at data from previous years to see how the population in the 20723 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
35,342
 -2.05% +2.38%
2020
36,082
+1.89%
-
2019
35,411
+0.91%
-
2018
35,091
+1.65%
-
2017
34,521
 - -

Population of 20723 by Race and Ethnicity

How much has the race and ethnicity of the population in the 20723 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
40.2%
39.9%
 +0.75%
Black/African American
28.2%
27%
 +4.44%
Native
0%
0%
 0.00%
Hispanic
8.4%
9.2%
 -8.70%
Asian
17.1%
18.6%
 -8.06%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
5.7%
4.8%
 +18.75%
Other
0.4%
0.5%
 -20.00%

This data can be very important for anybody studying the 20723 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 20723 by Age and Gender

We can also monitor the change of the age and gender in the 20723 zip code to track track trends in the population over time.

We can see how the population in 20723 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 36.3 +1.11% 35.7 +0.85% 37.3 +2.75%
2020 35.9 +1.41% 35.4 +0.57% 36.3 +1.97%
2019 35.4 -0.84% 35.2 -0.28% 35.6 -2.2%
2018 35.7 0% 35.3 0% 36.4 +0.28%
2017 35.7 - 35.3 - 36.3 -

The median age of the 20723 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 20723 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 2,678 0.080000000000001% 2,578 +5.21% 2,657 2,674
10 to 19 2,443 +5.26% 2,638 -27.17% 2,535 1,980
20 to 29 2,330 -14% 2,118 +9.62% 2,015 2,306
30 to 39 2,265 +15.15% 2,629 +11.37% 2,587 2,891
40 to 49 2,714 -8.13% 2,806 -12.56% 2,448 2,436
50 to 59 2,551 -17.18% 2,630 -4.01% 2,125 2,507
60 to 69 1,380 +24.89% 1,299 +64.13% 1,730 2,330
70+ 650 +48.87% 812 +35.11% 1,014 1,107

Median Household Income

The latest median household income for the 20723 zip code is $123,467.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 20723.

  • Under 25
    $76,836.00
  • 25 to 44
    $131,532.00
  • 45 to 64
    $142,988.00
  • 65 and over
    $105,655.00

Average Household Income

Whenever we ask what is the average household income in the 20723 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 20723, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 20723 is currently $154,207.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

25.88% of households in 20723 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 20723 against other zip codes.

  • Less than $24,999
    4.12%
  • $25,000 to $49,999
    10.38%
  • $50,000 to $74,999
    9.38%
  • $75,000 to $99,999
    12.88%
  • $100,000 to $149,999
    20.65%
  • $150,000 to $199,999
    16.71%
  • $200,000 or more
    25.88%

Per Capita Income

The per capita income in 20723 is $53,016.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 20723 by the total population of 20723.

This is different from the average or mean income because it includes and accounts for all people living in the 20723 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 20723 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    30.60%
  • Bachelor's degree
    45.15%
  • Some college or associate's degree
    5.84%
  • High school diploma or equivalent
    16.47%
  • Less than high school diploma
    1.95%

Employment

Employment rates are all based around the total population in 20723 that are over the age of 16.

Currently, the total population of the 20723 zip over the age of 16 is 27,155.

Of those people, a total of 73.30% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 20723 is 68.90%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 20723 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 1,659 29.80% 18.40%
20 to 24 years 2,301 82.10% 12.80%
25 to 29 years 2,020 90.50% 5.30%
30 to 34 years 2,338 78.40% 3.70%
35 to 44 years 5,576 89.70% 1.30%
45 to 54 years 4,592 89.70% 1.20%
55 to 59 years 2,488 84.10% 6.70%
60 to 64 years 2,326 70.60% 6.90%
65 to 74 years 2,682 29.20% 1.30%
75 years and over 1,173 18.80% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 20723. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 13,021 68.00% 5.60%
Black or African American 6,906 82.60% 2.90%
American Indian and Alaska Native 61 100.00% 0.00%
Asian 4,592 70.90% 3.50%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 1,008 71.50% 1.70%
Two or more races 1,567 83.90% 4.90%
Hispanic or Latino 2,300 75.50% 4.00%
Not Hispanic or Latino 12,305 68.30% 5.70%

Occupations

In this section we can look at the most common occupations for people living in the 20723 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 20723 is 18,699, with median earnings of $66,856.00.

Women in 20723 are earning approximately 74.80% of the men's earnings.

Population Earnings
Total 18,699 $66,856.00
Male 9,046 $78,874.00
Female 9,653 $59,025.00

Occupations by Category

In the table below, we can break down the population and earnings for 20723 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 2,273 $120,180.00
Business and Financial 2,090 $103,086.00
Computer and Mathematical 1,802 $106,250.00
Architecture and Engineering 763 $101,223.00
Life, Physical, and Social Science 677 $102,404.00
Community and Social Service 240 $61,111.00
Legal 326 $109,554.00
Educational and Library 1,299 $49,437.00
Arts, Design, Entertainment, Sports, and Media 504 $44,623.00
Healthcare Practitioners 1,496 $72,287.00
Healthcare Support 330 $31,856.00
Firefighters and Protective Service 223 $76,292.00
Law Enforcement 261 $87,731.00
Food Preparation and Serving 615 $21,307.00
Building and Grounds Cleaning 255 $37,125.00
Personal Care and Service 468 $12,389.00
Sales 1,094 $35,964.00
Office and Administrative Support 1,573 $43,567.00
Farming, Fishing, and Forestry 0 $0.00
Construction and Extraction 602 $41,250.00
Installation, Maintenance, and Repair 418 $46,829.00
Production 687 $55,040.00
Transportation and Material Moving 318 $32,955.00

Occupations by Gender

Now we can also look at the occupations by category for 20723 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 20723.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 1,202 $129,531.00 1,071 $101,938.00
Business and Financial 642 $91,333.00 1,448 $103,172.00
Computer and Mathematical 1,183 $114,178.00 619 $75,117.00
Architecture and Engineering 429 $112,292.00 334 $94,015.00
Life, Physical, and Social Science 437 $120,377.00 240 $24,830.00
Community and Social Service 189 $57,311.00 51 $71,250.00
Legal 151 $156,550.00 175 $74,924.00
Educational and Library 389 $51,853.00 910 $45,192.00
Arts, Design, Entertainment, Sports, and Media 152 $29,000.00 352 $44,811.00
Healthcare Practitioners 421 $81,449.00 1,075 $68,836.00
Healthcare Support 59 $12,440.00 271 $32,475.00
Firefighters and Protective Service 196 $77,417.00 27 $0.00
Law Enforcement 181 $102,577.00 80 $0.00
Food Preparation and Serving 309 $21,480.00 306 $19,167.00
Building and Grounds Cleaning 107 $37,844.00 148 $20,000.00
Personal Care and Service 91 $8,345.00 377 $14,267.00
Sales 538 $50,000.00 556 $33,393.00
Office and Administrative Support 457 $40,897.00 1,116 $51,607.00
Farming, Fishing, and Forestry 0 $0.00 0 $0.00
Construction and Extraction 571 $42,025.00 31 $0.00
Installation, Maintenance, and Repair 418 $46,829.00 0 $0.00
Production 415 $56,222.00 272 $28,241.00
Transportation and Material Moving 269 $31,657.00 49 $215,458.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 11,878 households in 20723, with an average household size of 2.97 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 8,913 families living in the 20723 zip code with an average family size of 3.46 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 20723:

Married Male Female Nonfamily
Total Households 6,988 486 1,439 2,965
Average Household Size 3.65 3.19 2.96 1.35
Total Families 6,988 486 1,439 0
Average Household Size 3.62 2.91 2.85 0

Poverty

Of the 8,913 families living in 20723, 1.30% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 20723:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 12,248 housing units in 20723.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 11,878 96.98%
Vacant 370 3.02%

25.74% of the total 12,248 housing units in 20723 are rental units. This is approximately 3,153 properties.

For owner-occupied housing units, a total of 8,689 are occupied by the owner - or 70.94% of the total.

Rental Rates

The median rent for a property in 20723 is $1,799.00.

In the chart below, we can look at the number of rental properties in 20723 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    36
  • Less than $500
    8
  • $500 to $999
    120
  • $1,000 to $1,499
    362
  • $1,500 to $1,999
    1,817
  • $2,000 to $2,499
    512
  • $2,500 to $2,999
    115
  • $3,000 or more
    219

Property Value

The median value of a property in 20723 is $425,600.00.

Just like with rental rates, we can look at the number of properties in 20723 that fall into a particular value range.

  • Less than $50,000
    225
  • $50,000 to $99,999
    48
  • $100,000 to $149,999
    77
  • $150,000 to $199,999
    557
  • $200,000 to $299,999
    1,075
  • $300,000 to $499,999
    3,634
  • $500,000 to $999,999
    2,977
  • $1,000,000 or more
    96

Property Age

We can also look at the age of properties in 20723. The chart below shows the number of properties in 20723 that fall into a particular age range.

  • 1939 or earlier
    148
  • 1940 to 1949
    44
  • 1950 to 1959
    650
  • 1960 to 1969
    594
  • 1970 to 1979
    1,611
  • 1980 to 1989
    3,061
  • 1990 to 1999
    2,446
  • 2000 to 2009
    2,103
  • 2010 to 2013
    1,591
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 20723 that have a particular number of vehicles available.

  • No vehicles available
    307
  • 1 vehicle available
    3,181
  • 2 vehicles available
    5,569
  • 3 or more vehicles available
    2,821

Commuting to Work

In this section, we can also look at how people in 20723 get to work. The chart below shows the number of people in 20723 that commute to work in a particular way.

33.1 minutes is the average travel time to work for people in 20723.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    316
  • 5 to 9 minutes
    803
  • 10 to 14 minutes
    1,060
  • 15 to 19 minutes
    2,069
  • 20 to 24 minutes
    1,670
  • 25 to 29 minutes
    1,185
  • 30 to 34 minutes
    2,446
  • 35 to 39 minutes
    945
  • 40 to 44 minutes
    971
  • 45 to 59 minutes
    1,875
  • 60 to 89 minutes
    1,797
  • 90 or more minutes
    581

Summary

We've covered a LOT of demographic and population data for 20723 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 20723

If you want to see how the population and demographics of 20723 compare to other zip codes in Maryland, check out the list of all Maryland zip codes below: