Income & Economy in Maryland City CDP, MD (20724)
Median Income
$109,530
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,097
Wealth inflow
Population
18,669
Unemployment
7.1%
3.4pp above US avg
IRS migration statistics show a net inflow of about 1,097 for ZIP 20724 (Maryland City 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.
Historical Trends in 20724 (2020–Present)
Since 2020, population grew 5.6%, median income fell 5.8% (inflation-adjusted), home values increased 1.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $109,530 |
| Unemployment | 7.1% |
| Establishments | 256 |
| Employees | 3,745 |