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20906 Income Statistics

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Comparison to Surrounding Areas

20906 Median Household Income

The median household income ($91,563) for 20906 is less than the median household income for 20905 ($142,929), 20832 ($160,287), 20852 ($121,550), 20853 ($146,075), 20860 ($152,768), 20895 ($165,423), 20902 ($105,677), Montgomery County ($125,583), Aspen Hill CDP ($104,582), Cloverly CDP ($144,003), Glenmont CDP ($118,095), Layhill CDP ($131,528), Olney CDP ($166,541), and Wheaton CDP ($101,229). But it's more than 20904 ($90,926) and Leisure World CDP ($61,679).

20906$91,563
Wheaton CDP$101,229
Aspen Hill CDP$104,582
Cloverly CDP$144,003
Glenmont CDP$118,095
Layhill CDP$131,528
Leisure World CDP$61,679
Olney CDP$166,541
Montgomery County$125,583

20906 Average Household Income

The average household income ($118,029) for 20906 is less than the average household income for 20905 ($169,885), 20832 ($190,859), 20852 ($159,764), 20853 ($169,732), 20860 ($246,247), 20895 ($215,412), 20902 ($138,108), 20904 ($121,787), Montgomery County ($172,866), Cloverly CDP ($178,897), Glenmont CDP ($144,020), Aspen Hill CDP ($135,700), Olney CDP ($190,990), Wheaton CDP ($126,559), and Layhill CDP ($155,550). But it's more than Leisure World CDP ($92,735).

20906$118,029
Wheaton CDP$126,559
Aspen Hill CDP$135,700
Cloverly CDP$178,897
Glenmont CDP$144,020
Layhill CDP$155,550
Leisure World CDP$92,735
Olney CDP$190,990
Montgomery County$172,866

20906 Per-Capita Income

The per-capita income for 20906 is $43,372. The per capita income ($43,372) for 20906 is less than the per capita income for 20905 ($54,171), 20832 ($64,750), 20852 ($72,549), 20853 ($53,882), 20860 ($79,844), 20895 ($81,003), 20902 ($47,137), 20904 ($46,780), Montgomery County ($64,126), Cloverly CDP ($55,997), Glenmont CDP ($46,269), Aspen Hill CDP ($44,296), Leisure World CDP ($62,959), Olney CDP ($65,236), and Layhill CDP ($49,096). But it's more than Wheaton CDP ($41,025).

20906$43,372
Wheaton CDP$41,025
Aspen Hill CDP$44,296
Cloverly CDP$55,997
Glenmont CDP$46,269
Layhill CDP$49,096
Leisure World CDP$62,959
Olney CDP$65,236
Montgomery County$64,126

20906 High Income Households

16.0% of households make over $200,000 a year. The percent high income households (16.0%) for 20906 is more than 20905 (30.5%), 20832 (36.9%), 20852 (25.5%), 20853 (30.6%), 20860 (44.3%), 20895 (42.1%), 20902 (18.7%), 20904 (17.3%), Montgomery County (28.5%), Aspen Hill CDP (20.9%), Cloverly CDP (33.9%), Glenmont CDP (23.9%), Layhill CDP (24.4%), Leisure World CDP (9.8%), Olney CDP (39.4%), and Wheaton CDP (15.1%).

2090616.0%
Wheaton CDP15.1%
Aspen Hill CDP20.9%
Cloverly CDP33.9%
Glenmont CDP23.9%
Layhill CDP24.4%
Leisure World CDP9.8%
Olney CDP39.4%
Montgomery County28.5%

20906 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20906$86,163$102,298$104,167$70,243
Wheaton CDP$75,200$114,826$96,817$89,688
Aspen Hill CDP$86,060$113,365$112,383$99,091
Cloverly CDP$-1$162,115$150,528$127,917
Glenmont CDP$-1$127,727$120,532$101,176
Layhill CDP$-1$94,875$151,563$103,631
Leisure World CDP$-1$33,063$76,587$60,466
Olney CDP$-1$173,333$192,459$119,783
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 20906 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+
20906+/-$5,246+/-$5,437+/-$1,995+/-2.0%+/-$10,583+/-$5,423+/-$15,986+/-$8,726
Wheaton CDP+/-$4,376+/-$7,721+/-$2,759+/-2.3%+/-$14,078+/-$10,800+/-$7,484+/-$17,184
Aspen Hill CDP+/-$7,090+/-$6,453+/-$2,214+/-2.5%+/-$15,619+/-$13,713+/-$23,744+/-$11,048
Cloverly CDP+/-$17,902+/-$14,045+/-$4,804+/-5.5%+/-$-1+/-$15,289+/-$37,221+/-$19,011
Glenmont CDP+/-$12,769+/-$11,893+/-$4,165+/-4.4%+/-$-1+/-$27,958+/-$19,540+/-$28,127
Layhill CDP+/-$20,672+/-$25,477+/-$8,215+/-7.6%+/-$-1+/-$35,836+/-$45,266+/-$43,551
Leisure World CDP+/-$9,865+/-$11,574+/-$8,469+/-4.2%+/-$-1+/-$6,317+/-$7,208+/-$8,557
Olney CDP+/-$10,257+/-$11,705+/-$3,950+/-3.7%+/-$-1+/-$14,884+/-$15,823+/-$12,894
Montgomery County+/-$1,757+/-$1,888+/-$678+/-0.6%+/-$5,544+/-$3,495+/-$2,987+/-$2,673