20842 Map

20842 Income Statistics

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Comparison to Surrounding Areas

20842 Median Household Income

The median household income ($166,389) for 20842 is less than the median household income for 20176 ($166,870), 20837 ($191,927), 20838 ($223,571), 20841 ($184,276), 20871 ($177,120), and 21754 ($179,797). But it's more than 20839 ($101,250), 21704 ($164,457), 21710 ($164,727), 21790 ($-1), Frederick County ($120,458), and Montgomery County ($128,733).

20842$166,389
Frederick County$120,458
Montgomery County$128,733

20842 Average Household Income

The average household income ($191,456) for 20842 is less than the average household income for 20176 ($209,508), 20837 ($199,330), 20838 ($298,910), 20841 ($227,385), and 21754 ($216,021). But it's more than 20871 ($184,322), 21710 ($185,455), 21790 ($-1), 20839 ($127,945), 21704 ($189,545), Montgomery County ($177,086), and Frederick County ($144,655).

20842$191,456
Frederick County$144,655
Montgomery County$177,086

20842 Per-Capita Income

The per-capita income for 20842 is $64,766. The per capita income ($64,766) for 20842 is less than the per capita income for 20176 ($70,182), 20837 ($69,955), 20841 ($68,603), 21710 ($65,236), 21754 ($72,806), and Montgomery County ($66,124). But it's more than 20838 ($62,236), 20839 ($63,591), 20871 ($58,295), 21704 ($60,724), 21790 ($-1), and Frederick County ($53,316).

20842$64,766
Frederick County$53,316
Montgomery County$66,124

20842 High Income Households

44.8% of households make over $200,000 a year. The percent high income households (44.8%) for 20842 is less than the percent high income households for 20837 (49.3%), 20838 (58.8%), and 20841 (48.2%). But it's more than 21790 (0.0%), 21710 (37.8%), 21754 (44.5%), 20176 (40.6%), 20839 (8.6%), 20871 (41.7%), 21704 (37.5%), Montgomery County (30.0%), and Frederick County (23.1%).

2084244.8%
Frederick County23.1%
Montgomery County30.0%

20842 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20842$-1$127,813$206,125$91,042
Frederick County$59,284$124,144$150,927$83,712
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 20842 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+
20842+/-$44,123+/-$30,545+/-$10,247+/-9.8%+/-$-1+/-$29,080+/-$31,994+/-$47,591
Frederick County+/-$2,695+/-$2,191+/-$737+/-0.8%+/-$4,117+/-$4,162+/-$5,669+/-$3,155
Montgomery County+/-$1,728+/-$1,823+/-$688+/-0.5%+/-$4,694+/-$3,128+/-$3,006+/-$2,941