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20707 Income Statistics

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Comparison to Surrounding Areas

20707 Median Household Income

The median household income ($97,720) for 20707 is less than the median household income for 20723 ($128,226), 20705 ($102,816), 20866 ($137,990), 20724 ($105,757), Montgomery County ($125,583), Prince George's County ($97,935), West Laurel CDP ($154,014), Konterra CDP ($150,274), Calverton CDP ($103,781), and Burtonsville CDP ($138,416). But it's more than 20708 ($80,569), 20904 ($90,926), Laurel city ($92,035), and South Laurel CDP ($82,933).

20707$97,720
West Laurel CDP$154,014
Laurel city$92,035
South Laurel CDP$82,933
Burtonsville CDP$138,416
Calverton CDP$103,781
Konterra CDP$150,274
Prince George's County$97,935
Montgomery County$125,583

20707 Average Household Income

The average household income ($123,742) for 20707 is less than the average household income for 20723 ($164,156), 20866 ($149,775), Montgomery County ($172,866), Burtonsville CDP ($159,953), Konterra CDP ($158,710), and West Laurel CDP ($163,548). But it's more than 20904 ($121,787), 20705 ($115,791), 20708 ($103,316), 20724 ($115,106), Prince George's County ($118,777), Calverton CDP ($122,459), Laurel city ($114,121), and South Laurel CDP ($106,993).

20707$123,742
West Laurel CDP$163,548
Laurel city$114,121
South Laurel CDP$106,993
Burtonsville CDP$159,953
Calverton CDP$122,459
Konterra CDP$158,710
Prince George's County$118,777
Montgomery County$172,866

20707 Per-Capita Income

The per-capita income for 20707 is $49,071. The per capita income ($49,071) for 20707 is less than the per capita income for 20723 ($57,115), Montgomery County ($64,126), Konterra CDP ($61,569), and West Laurel CDP ($57,923). But it's more than 20904 ($46,780), 20705 ($36,715), 20708 ($39,756), 20724 ($46,918), 20866 ($46,012), Prince George's County ($43,833), Burtonsville CDP ($48,711), Calverton CDP ($42,167), Laurel city ($45,887), and South Laurel CDP ($41,622).

20707$49,071
West Laurel CDP$57,923
Laurel city$45,887
South Laurel CDP$41,622
Burtonsville CDP$48,711
Calverton CDP$42,167
Konterra CDP$61,569
Prince George's County$43,833
Montgomery County$64,126

20707 High Income Households

15.9% of households make over $200,000 a year. The percent high income households (15.9%) for 20707 is more than 20708 (10.7%), 20705 (12.9%), 20904 (17.3%), 20866 (23.3%), 20724 (13.1%), 20723 (29.8%), Montgomery County (28.5%), Prince George's County (14.9%), West Laurel CDP (24.9%), South Laurel CDP (11.9%), Laurel city (12.0%), Konterra CDP (37.8%), Calverton CDP (14.1%), and Burtonsville CDP (25.1%).

2070715.9%
West Laurel CDP24.9%
Laurel city12.0%
South Laurel CDP11.9%
Burtonsville CDP25.1%
Calverton CDP14.1%
Konterra CDP37.8%
Prince George's County14.9%
Montgomery County28.5%

20707 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20707$-1$96,758$113,598$69,020
West Laurel CDP$-1$147,348$186,985$135,250
Laurel city$92,528$92,808$98,654$62,065
South Laurel CDP$44,792$78,297$104,391$72,688
Burtonsville CDP$-1$139,559$141,667$116,548
Calverton CDP$44,583$82,309$121,594$100,125
Konterra CDP$-1$203,750$152,357$85,417
Prince George's County$45,989$91,728$115,906$79,034
Montgomery County$61,919$119,851$152,568$102,220

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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 20707 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+
20707+/-$7,902+/-$6,966+/-$2,991+/-2.3%+/-$-1+/-$14,729+/-$8,126+/-$14,794
West Laurel CDP+/-$8,654+/-$17,114+/-$5,043+/-6.7%+/-$-1+/-$31,642+/-$21,939+/-$27,177
Laurel city+/-$4,260+/-$7,735+/-$3,345+/-2.6%+/-$65,906+/-$7,142+/-$12,942+/-$12,261
South Laurel CDP+/-$11,848+/-$7,366+/-$2,857+/-2.4%+/-$24,781+/-$12,393+/-$8,785+/-$18,382
Burtonsville CDP+/-$16,262+/-$16,246+/-$4,294+/-7.0%+/-$-1+/-$28,658+/-$39,548+/-$36,892
Calverton CDP+/-$10,194+/-$8,652+/-$3,050+/-3.5%+/-$41,063+/-$14,879+/-$19,007+/-$25,250
Konterra CDP+/-$28,456+/-$22,334+/-$10,889+/-11.5%+/-$-1+/-$72,883+/-$47,266+/-$56,990
Prince George's County+/-$1,296+/-$1,321+/-$492+/-0.4%+/-$7,254+/-$2,135+/-$1,602+/-$2,403
Montgomery County+/-$1,757+/-$1,888+/-$678+/-0.6%+/-$5,544+/-$3,495+/-$2,987+/-$2,673