Income & Economy in Fort Washington CDP, MD (20744)
Median Income
$124,838
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+3,304
Wealth inflow
Population
56,236
Unemployment
7.0%
3.3pp above US avg
IRS migration statistics show a net inflow of about 3,304 for ZIP 20744 (Fort Washington 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 20744 (2020–Present)
Since 2020, population grew 3.0%, median income fell 4.9% (inflation-adjusted), home values increased 4.4%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $124,838 |
| Unemployment | 7.0% |
| Establishments | 520 |
| Employees | 5,112 |