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20763 Income Statistics

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Comparison to Surrounding Areas

20763 Median Household Income

The median household income ($98,621) for 20763 is less than the median household income for 20723 ($128,226), 20794 ($111,200), Howard County ($140,971), and Savage CDP ($109,657). But it's more than 20701 ($79,236).

20763$98,621
Savage CDP$109,657
Howard County$140,971

20763 Average Household Income

The average household income ($110,829) for 20763 is less than the average household income for 20723 ($164,156), 20794 ($132,356), Howard County ($173,854), and Savage CDP ($127,642). But it's more than 20701 ($86,330).

20763$110,829
Savage CDP$127,642
Howard County$173,854

20763 Per-Capita Income

The per-capita income for 20763 is $47,966. The per capita income ($47,966) for 20763 is less than the per capita income for 20723 ($57,115), Howard County ($63,441), and Savage CDP ($49,430). But it's more than 20701 ($40,620) and 20794 ($34,652).

20763$47,966
Savage CDP$49,430
Howard County$63,441

20763 High Income Households

15.8% of households make over $200,000 a year. The percent high income households (15.8%) for 20763 is more than 20701 (4.6%), 20723 (29.8%), 20794 (18.5%), Howard County (31.6%), and Savage CDP (17.6%).

2076315.8%
Savage CDP17.6%
Howard County31.6%

20763 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20763$-1$98,879$136,250$-1
Savage CDP$-1$132,795$112,663$59,523
Howard County$74,321$135,680$176,417$101,851

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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 20763 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+
20763+/-$66,886+/-$27,247+/-$14,747+/-10.7%+/-$-1+/-$70,021+/-$71,367+/-$-1
Savage CDP+/-$17,313+/-$12,424+/-$5,218+/-6.0%+/-$-1+/-$34,595+/-$34,968+/-$24,380
Howard County+/-$2,122+/-$2,563+/-$873+/-0.9%+/-$15,264+/-$3,854+/-$5,348+/-$5,604