20678

2023 Data
Unknown, XX

20678 is a comfortable, middle-class neighborhood in Unknown with a competitive housing market.

Population

12,686

Income Rank

Top 66%

47%

$118K

Median Income

vs national

37%

$428K

Home Value

vs national

7%

$1,408

Monthly Rent

vs national

38.7 yrs

Median Age

Unknown 20678 vs National Average

Key metrics versus national medians

Median Income
$118,288+47%

National median: $80,610

Home Value
$428,100+37%

National median: $311,500

Monthly Rent
$1,408+7%

National median: $1,314

College Educated
16.9%-51%

National median: 34.8%

Planning a move to this area?

Get personalized insights and connect with local experts in Unknown.

Median Household Income in Unknown, XX (20678)

Average income and economic data for 20678

$118,288

Median Household Income

$52,586

Per Capita Income

2.5%

Unemployment Rate

Residents of 20678 earn a median household income of $118,288 per year. This is 47% higher than the national median of $80,610. The per capita income of $52,586 provides insight into individual earning power.

Cost of Living in Unknown 20678

Housing costs, home values, and rent prices in Unknown, XX

Home Buying

Median Home Value$428,100
20% Down Payment$85,620
Est. Monthly Mortgage$2,397

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$1,408
Annual Rent Cost$16,896
Rent-to-Income Ratio14%

Affordability Score

How affordable is it to live here?

0
out of 100
Highly Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Strong income-to-cost ratio makes this area financially accessible for most households.

Ready to buy or rent?

Find your perfect home in 20678. Compare listings and connect with agents.

Unknown Demographics & Population (20678)

Population breakdown, age distribution, and diversity in Unknown, XX

12,686

Total Population

38.7

Median Age

17%

College Educated

4,744

Households

20678 has a population of 12,686 residents in approximately 4,744 households. The median age of 38.7 years is younger than the national median of 39 years. About 17% of residents have completed higher education.

What is Unknown 20678 Like?

Neighborhood profile and quality of life in Unknown, XX

Community profile generated from Census data analysis
Community Type

Mixed Transitional Area

Unknown's 20678 neighborhood functions as a mixed transitional area.

Household incomes are notably higher than the national average.

Established families and mid-career professionals call this area home.

Residents bring practical skills and work experience rather than formal degrees.

Best Suited For

  • +Adventurous buyers
  • +Investors
  • +Those seeking value

May Not Suit

  • -Risk-averse buyers
  • -Those needing established amenities

Key Characteristics

  • Higher-than-average household incomes
  • Accessible homeownership in appreciating market
  • Reasonable rental costs for the area
  • Strong local job market

Typical Resident Profile

A typical 20678 resident is a established adult in their early 40s, homeowner in a comfortable property, working in steady employment in service or trade industries with practical work experience and vocational skills.

Lifestyle

Evolving neighborhood with mix of long-time residents and newcomers

Unknown 20678 FAQ

Frequently asked questions about Unknown, XX 20678

The median household income in 20678 (Unknown, XX) is $118,288, which is 47% higher than the national median of $80,610.

The median home value in 20678 is $428,100. A 20% down payment would be $85,620, with an estimated monthly mortgage of $2,397 at current rates.

The median monthly rent in 20678 is $1,408, totaling $16,896 annually. This represents 14% of the median household income.

20678 in Unknown, XX is a comfortable, middle-class neighborhood with a median age of 38.7 years. The area has diverse educational backgrounds.

The unemployment rate in 20678 is 2.5%, lower than the national rate of 4.8%. This means 97.5% of the labor force is employed.

Moving to this area?

Get free moving quotes from top-rated companies in your area.