Income & Economy in Savage CDP, MD (20763)
Median Income
$119,083
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+136
Wealth inflow
Population
2,320
Unemployment
11.7%
8.0pp above US avg
IRS migration statistics show a net inflow of about 136 for ZIP 20763 (Savage 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 20763 (2020–Present)
Since 2020, population grew 18.7%, median income rose 18.8% (inflation-adjusted), home values decreased 4.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $119,083 |
| Unemployment | 11.7% |
| Establishments | 101 |
| Employees | 2,471 |