20816 Income Statistics

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Comparison to Surrounding Areas

20816 Median Household Income

The median household income ($228,311) for 20816 is less than the median household income for 20817 ($231,292), 22101 ($250,001), Brookmont CDP ($250,001), and Somerset town ($250,001). But it's more than 20016 ($169,489), 20812 ($194,375), 20815 ($185,873), Montgomery County ($125,583), Bethesda CDP ($185,546), and Glen Echo town ($194,375).

20816	$228,311
Bethesda CDP	$185,546
Brookmont CDP	$250,001
Glen Echo town	$194,375
Somerset town	$250,001
Montgomery County	$125,583

20816 Average Household Income

The average household income ($321,268) for 20816 is less than the average household income for 20817 ($325,502), 22101 ($360,494), Brookmont CDP ($434,332), and Somerset town ($419,599). But it's more than 20016 ($268,683), 20812 ($243,477), 20815 ($297,181), Montgomery County ($172,866), Bethesda CDP ($281,586), and Glen Echo town ($243,477).

20816	$321,268
Bethesda CDP	$281,586
Brookmont CDP	$434,332
Glen Echo town	$243,477
Somerset town	$419,599
Montgomery County	$172,866

20816 Per-Capita Income

The per-capita income for 20816 is $117,653. The per capita income ($117,653) for 20816 is less than the per capita income for 20016 ($118,862), 20815 ($128,818), 20817 ($118,180), 22101 ($127,470), Brookmont CDP ($151,366), and Somerset town ($154,723). But it's more than 20812 ($92,457), Montgomery County ($64,126), Bethesda CDP ($116,088), and Glen Echo town ($92,457).

20816	$117,653
Bethesda CDP	$116,088
Brookmont CDP	$151,366
Glen Echo town	$92,457
Somerset town	$154,723
Montgomery County	$64,126

20816 High Income Households

54.5% of households make over $200,000 a year. The percent high income households (54.5%) for 20816 is more than 22101 (60.1%), 20016 (43.3%), 20812 (47.6%), 20815 (47.5%), 20817 (56.4%), Montgomery County (28.5%), Bethesda CDP (46.3%), Brookmont CDP (69.4%), Glen Echo town (47.6%), and Somerset town (69.8%).

20816	54.5%
Bethesda CDP	46.3%
Brookmont CDP	69.4%
Glen Echo town	47.6%
Somerset town	69.8%
Montgomery County	28.5%

20816 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
20816	$-1	$231,528	$250,001	$163,041
Bethesda CDP	$53,409	$155,458	$250,001	$161,932
Brookmont CDP	$-1	$250,001	$250,001	$191,250
Glen Echo town	$-1	$250,001	$233,125	$132,250
Somerset town	$-1	$250,001	$250,001	$217,500
Montgomery County	$61,919	$119,851	$152,568	$102,220

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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 20816 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
20816	+/-$21,288	+/-$25,707	+/-$9,323	+/-4.2%	+/-$-1	+/-$41,732	+/-$-1	+/-$15,533
Bethesda CDP	+/-$6,739	+/-$12,262	+/-$4,919	+/-1.9%	+/-$17,946	+/-$11,567	+/-$-1	+/-$23,523
Brookmont CDP	+/-$-1	+/-$66,978	+/-$25,798	+/-7.1%	+/-$-1	+/-$-1	+/-$-1	+/-$105,610
Glen Echo town	+/-$76,264	+/-$58,377	+/-$26,119	+/-14.4%	+/-$-1	+/-$-1	+/-$109,964	+/-$82,984
Somerset town	+/-$-1	+/-$60,397	+/-$21,610	+/-8.2%	+/-$-1	+/-$-1	+/-$-1	+/-$96,326
Montgomery County	+/-$1,757	+/-$1,888	+/-$678	+/-0.6%	+/-$5,544	+/-$3,495	+/-$2,987	+/-$2,673