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20623 Income Statistics

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Comparison to Surrounding Areas

20623 Median Household Income

The median household income ($116,475) for 20623 is less than the median household income for 20613 ($145,445), 20735 ($124,371), 20772 ($131,973), and Rosaryville CDP ($135,733). But it's more than Prince George's County ($97,935).

20623$116,475
Rosaryville CDP$135,733
Prince George's County$97,935

20623 Average Household Income

The average household income ($149,017) for 20623 is less than the average household income for 20613 ($161,777), 20772 ($152,293), and Rosaryville CDP ($164,847). But it's more than 20735 ($140,760) and Prince George's County ($118,777).

20623$149,017
Rosaryville CDP$164,847
Prince George's County$118,777

20623 Per-Capita Income

The per-capita income for 20623 is $55,153. The per capita income ($55,153) for 20623 is less than the per capita income for 20613 ($57,463) and 20772 ($56,575). But it's more than 20735 ($49,011), Prince George's County ($43,833), and Rosaryville CDP ($53,205).

20623$55,153
Rosaryville CDP$53,205
Prince George's County$43,833

20623 High Income Households

29.5% of households make over $200,000 a year. The percent high income households (29.5%) for 20623 is more than 20613 (33.6%), 20735 (20.3%), 20772 (25.3%), Prince George's County (14.9%), and Rosaryville CDP (31.7%).

2062329.5%
Rosaryville CDP31.7%
Prince George's County14.9%

20623 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20623$-1$-1$154,545$85,167
Rosaryville CDP$-1$119,539$158,542$110,139
Prince George's County$45,989$91,728$115,906$79,034

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 20623 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
20623+/-$17,645+/-$24,610+/-$9,208+/-11.1%+/-$-1+/-$-1+/-$84,625+/-$32,009
Rosaryville CDP+/-$18,603+/-$17,213+/-$4,620+/-7.2%+/-$-1+/-$53,251+/-$18,813+/-$27,949
Prince George's County+/-$1,296+/-$1,321+/-$492+/-0.4%+/-$7,254+/-$2,135+/-$1,602+/-$2,403