20832 Map

20832 Income Statistics

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Comparison to Surrounding Areas

20832 Median Household Income

The median household income ($166,892) for 20832 is less than the median household income for 20833 ($203,631) and Olney CDP ($171,766). But it's more than 20853 ($157,168), 20855 ($147,708), 20860 ($-1), 20906 ($92,964), and Montgomery County ($128,733).

20832$166,892
Olney CDP$171,766
Montgomery County$128,733

20832 Average Household Income

The average household income ($200,500) for 20832 is less than the average household income for 20833 ($201,418) and 20860 ($253,874). But it's more than 20853 ($177,202), 20855 ($179,704), 20906 ($116,867), Montgomery County ($177,086), and Olney CDP ($199,277).

20832$200,500
Olney CDP$199,277
Montgomery County$177,086

20832 Per-Capita Income

The per-capita income for 20832 is $67,017. The per capita income ($67,017) for 20832 is less than the per capita income for 20860 ($85,608). But it's more than 20833 ($66,763), 20853 ($55,810), 20855 ($66,362), 20906 ($43,855), Montgomery County ($66,124), and Olney CDP ($66,802).

20832$67,017
Olney CDP$66,802
Montgomery County$66,124

20832 High Income Households

39.4% of households make over $200,000 a year. The percent high income households (39.4%) for 20832 is less than the percent high income households for 20833 (50.7%), 20860 (43.5%), and Olney CDP (41.8%). But it's more than 20853 (35.1%), 20855 (31.9%), 20906 (16.5%), and Montgomery County (30.0%).

2083239.4%
Olney CDP41.8%
Montgomery County30.0%

20832 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20832$-1$175,107$198,854$118,306
Olney CDP$-1$177,948$203,787$127,530
Montgomery County$65,734$122,487$156,901$106,678

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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 2023 5-year estimates. You can find this information and other demographics for 20832 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
20832+/-$8,558+/-$12,174+/-$5,032+/-3.7%+/-$-1+/-$17,939+/-$14,405+/-$14,160
Olney CDP+/-$9,682+/-$9,215+/-$3,738+/-3.3%+/-$-1+/-$13,169+/-$14,782+/-$14,093
Montgomery County+/-$1,728+/-$1,823+/-$688+/-0.5%+/-$4,694+/-$3,128+/-$3,006+/-$2,941