Income & Economy in undefined, MD (20842)
Median Income
$166,389
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+123
Wealth inflow
Population
2,093
Unemployment
1.6%
2.1pp below US avg
IRS migration statistics show a net inflow of about 123 for ZIP 20842 (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 20842 (2020–Present)
Since 2020, population grew 42.7%, median income rose 9.9% (inflation-adjusted), home values decreased 22.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $166,389 |
| Unemployment | 1.6% |
| Establishments | 61 |
| Employees | 444 |