ZIP 20721 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Woodmore CDP, MD (20721)

Median Income

$167,689

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,783

Wealth inflow

Population

30,342

Unemployment

5.5%

1.8pp above US avg

IRS migration statistics show a net inflow of about 1,783 for ZIP 20721 (Woodmore CDP, MD) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

5.5%+48% vs US avg

Self-Employed

4.0%-34% vs US avg

SNAP Benefits

4.7%-60% vs US avg

329

Establishments

3,651

Employees

~11 per establishment — small businesses dominate

Public administration

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.1%
Construction3.0%
Manufacturing2.3%
Wholesale trade0.3%
Retail trade6.7%
Transportation, utilities6.5%
Information1.7%
Finance, insurance, real estate6.0%
Professional, scientific, management16.2%
Education, health care, social27.8%
Arts, entertainment, food services4.9%
Other services7.9%
Public administration16.6%

Household Income

Historical Trends in 20721 (2020–Present)

Since 2020, population grew 0.7%, median income rose 2.9% (inflation-adjusted), home values increased 11.4%.

Median Income

$167,689

+123% vs US avg

Unemployment Rate