Income & Economy in Cloverly CDP, MD (20905)
Median Income
$155,023
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,073
Wealth inflow
Population
18,268
Unemployment
6.7%
3.0pp above US avg
IRS migration statistics show a net inflow of about 1,073 for ZIP 20905 (Cloverly 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 20905 (2020–Present)
Since 2020, population declined 1.7%, median income rose 0.7% (inflation-adjusted), home values increased 7.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $155,023 |
| Unemployment | 6.7% |
| Establishments | 299 |
| Employees | 1,902 |