20842 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Montgomery County
Centroid: Latitude 39.204, Longitude -77.422
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 20842 has segments in 2 Counties / Independent Cities (Frederick, Montgomery).

Businesses Addresses: 41
PO Box Addresses: 53
Residential Addresses: 734

Multi-Family Addresses: 0
Single Family Addresses: 734

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Dickerson, MD 20842 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Dickerson, MD 20842 Housing Affordability Index is 97 State of Maryland Housing Affordability Index is 118
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Dickerson, MD 20842 Wealth Index is 278 State of Maryland Wealth Index is 141
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

POPULATION
Total Population	2,006 (100%)
Population in Households	1,998 (99.6%)
Population in Families	1,702 (84.8%)
Population in Group Quarters¹	8 ( 0.4%)
Population Density	38
Diversity Index²	38

INCOME
Median Household Income	$117,723
Average Household Income	$161,110
Per Capita Income	$61,688
Wealth Index⁴	278

HOUSING
Total Housing Units	810 (100%)
Owner Occupied HU	623 (76.9%)
Renter Occupied HU	145 (17.9%)
Vacant Housing Units	42 ( 5.2%)
Median Home Value	$658,910
Housing Affordability Index³	97

HOUSEHOLDS
Total Households	768
Average Household Size	2.6
Family Households	563
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Dickerson, MD 20842 - Peer Comparisons by Rank and Percentile

The table below compares 20842 to the other 461 ZIP Codes in Maryland by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	0.61%	1.05%
Households	0.69%	1.02%
Families	0.63%	1.01%
Median Household Income		2.44%
Per Capita Income		2.11%

Variable Description	Rank	Percentile
Total Population	# 311	33rd
Population Density	# 424	8th
Diversity Index	# 247	47th
Median Household Income	# 64	86th
Per Capita Income	# 40	92nd

Dickerson, MD 20842 ZIP Code Profile

ZIP Code 20842: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 20842

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Dickerson, MD 20842 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Dickerson, MD 20842 - Peer Comparisons by Rank and Percentile

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