20903 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Montgomery County
Centroid: Latitude 39.013, Longitude -76.981
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 20903 has segments in 2 Counties / Independent Cities (Montgomery, Prince Georges).

Businesses Addresses: 231
PO Box Addresses: 0
Residential Addresses: 7,000

Multi-Family Addresses: 3,424
Single Family Addresses: 3,576

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2022, Maps updated: May 5, 2022.

Silver Spring, MD 20903 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	21,534 (100%)
Population in Households	21,452 (99.6%)
Population in Families	16,848 (78.2%)
Population in Group Quarters¹	82 ( 0.4%)
Population Density	5,679
Diversity Index²	92


INCOME
Median Household Income	$67,902
Average Household Income	$95,028
% of Income for Mortgage⁴	24%
Per Capita Income	$27,456
Wealth Index⁵	99

HOUSING
Total HU (Housing Units)	6,597 (100%)
Owner Occupied HU	2,505 (38.0%)
Renter Occupied HU	3,715 (56.3%)
Vacant Housing Units	377 ( 5.7%)
Median Home Value	$385,172
Average Home Value	$418,663
Housing Affordability Index³	105

HOUSEHOLDS
Total Households	6,220
Average Household Size	3.45
Family Households	4,500
Average Family Size	4

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 races 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 % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

Silver Spring, MD 20903 - Peer Comparisons by Rank and Percentile

The table below compares 20903 to the other 458 ZIP Codes in Maryland by rank and percentile using July 1, 2021 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	2010-2021	2021-2026
Population	0.1%	0.13%
Households	-0.06%	0.0%
Families	-0.13%	0.01%
Median Household Income		1.38%
Per Capita Income		1.93%
Owner Occupied HU		0.4%

Variable Description	Rank	Percentile
Total Population	# 120	74th
Population Density	# 34	93rd
Median Household Income	# 340	26th
Housing Affordability Index	# 63	14th
Per Capita Income	# 405	12th
Diversity Index	# 3	100th

20903 ZIP Code Profile, Map, Data & Demographics

ZIP Code 20903: Basic Data & USPS Preferred City Name

Silver Spring, MD 20903 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Silver Spring, MD 20903 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 20903

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