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20623 Zip Code

April 26, 2024

Zip Code:	20623
City/Town:	Cheltenham
State:	Maryland

Population:	2,744
Per Capita Income:	$25,780
Mean Household Income:	$92,154

Total Housing Units:	851
Median Home Value:	$174,000
Median Year Homes Built:	1991

Land Area:	1.9 sq miles 5.0 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (20623 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

2,744

Male:

1,349

49.2%

Female:

1,395

50.8%

Median Age:

39.4 yrs

37.2 yrs

Under 5 years:

142

5.2%

6.5%

5 to 9 years:

169

11.9%

6.6%

10 to 19 years:

554

20.2%

13.8%

20 to 29 years:

238

8.7%

13.8%

30 to 39 years:

301

11.0%

13.0%

40 to 49 years:

570

20.8%

14.2%

50 to 59 years:

460

16.8%

13.6%

60 to 69 years:

221

8.1%

9.4%

70 to 79 years:

2.3%

5.4%

80 years and over:

0.9%

3.7%

Housing Information (20623 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$174,000

$119,600

Median year homes build:

1991

1971

Median real estate taxes:

$2,917 / yr.

$1,334 / yr.

Median rent:

$1,175 / mo.

$519 / mo.

Total households:

851

Family households:

717

84.3%

66.4%

Nonfamily households:

134

15.7%

33.6%

Households with individuals under 18 years:

412

48.4%

33.4%

Households with individuals 65 years and over:

125

14.7%

24.9%

Average household size:

3.1

Average family size:

3.4

Total housing units:

892

Occupied housing units:

851

95.4%

88.6%

Vacant housing units:

4.6%

11.4%

For rent:

0.4%

3.1%

Rented, not occupied:

0.3%

0.2%

For sale only:

2.5%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

1.0%

2.8%

Homeowner vacancy rate:

2.6%

2.4%

Rental vacancy rate:

8.2%

9.2%

Owner-occupied housing units:

809

Population in owner-occupied housing units:

2,521

Average household size of owner-occupied units:

3.1

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

153

Average household size of renter-occupied units:

3.6

2.44

Educational Attainment (20623 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,355

Less than 9th grade:

3.8%

6.2%

9th to 12th grade, no diploma:

4.8%

8.7%

High school graduate (includes equivalency):

344

25.4%

29.0%

Some college, no degree:

409

30.2%

20.6%

Associate degree:

5.3%

7.5%

Bachelor's degree:

221

16.3%

17.6%

Graduate or professional degree:

192

14.2%

10.3%

Percent high school graduate or higher:

91.4%

85.0%

Percent bachelor's degree or higher:

30.5%

27.9%

Income Information (20623 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

719

26.2%

50.4%

Median income:

$39,135 / yr.

$27,932 / yr.

Full-time, year-round workers:

403

14.7%

59.7%

Median income:

$46,445 / yr.

$38,349 / yr.

Females 15 years and over with income:

759

27.7%

49.6%

Median income:

$38,353 / yr.

$16,327 / yr.

Full-time, year-round workers:

459

16.7%

40.3%

Median income:

$41,215 / yr.

$28,135 / yr.

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