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Zip Code 20723 Map And Demographics

Home»Maryland State»Howard County»Laurel»Zip Code 20723
  • Population
    28,739
  • Density
    2,188 / sqml.
  • Med. Home Value
    $388,600
  • Med. Rent
    $1,471

Zip Code Rankings

The table shows the top 5 positions of zip code 20723 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#906 Top Zip Codes With The Highest Percentage Of Rich Households 16.20%
#944 Top Zip Codes With The Highest Percentage Of Wealthy Families 20.87%
#1,040 Top Zip Codes With The Highest Median Apartment Rent $1,471
#1,553 Top Zip Codes With The Highest Income Per Capita $43,506.00
#1,875 Top Zip Codes With The Highest Median Home Value 388600

Population breakdown by gender

Population in zip code 20723 is 28,739 residents | Male to Female ratio is 1:1.06 | Zip Code 20723 land area is 13.1344 sq. miles | Population density is 2,188.07 residents per square mile

Median age

  Median Age
Zip Code Median Age 35.1
Median Age - Male 34.9
Median Age - Female 35.3

Median age of zip code 20723 is 4.9% lower compared to nearby zip codes and 5.6% lower compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 20723 is 9.4% higher compared to nearby zip codes and 2.5% lower compared to the United States male median age. Female zip code 20723 median age is 5.9% lower in comparison to nearby zip codes and 8.3% lower compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 14820
Black or African American population 8071
Asian population 4235
American Indian and Alaska Native population 89
Native Hawaiian and other Pacific Islander population 0
Other population 638

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.6% Czech 0.7%
Danish 0.2% Dutch 1.4%
English 11.9% French No Basque 2.2%
French Canadian 0.6% German 19.2%
Greek 0.8% Hungarian 0.4%
Irish 14.9% Italian 7.5%
Lithuanian 0.3% Norwegian 0.4%
Polish 3.4% Portuguese 0.2%
Russian 1.8% Scotch-Irish 1.8%
Scottish 1.6% Slovak 0.2%
Subsaharan African 2.3% Swedish 0.9%
Swiss 0.2% Ukrainian 0.4%
USA 5.7% Welsh 1.1%
West Indian No Hispanic Groups 2.1% Other Ancestries 32.3%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 7493
Married couples 72.88%
Other couples 27.12%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 6.14% 7.13%
$30,000 and $50,000 9.13% 10.42%
$50,000 and $100,000 25.37% 30.64%
$100,000 and $200,000 38.49% 35.6%
$200,000 or more 20.87% 16.2%

Households by size

Household language

Language Spoken Percent
English language 73.3%
Spanish language 5.85%
Other European language 9.49%
Asian language 8.73%
Other language 2.63%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 10067
Detached housing units 45.01%
Attached housing units 32.22%
2 units 0.56%
3 - 4 units 1.48%
5 - 9 units 2.28%
10 - 19 units 13.19%
20 - 49 units 1.48%
50 or more units 2.85%
Mobile homes 0.92%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 87.85%
Use public transportation 5.76%
Use Motorcycle 0.02%
Use bicycle 0.14%
Walk to work 1.27%
Work at home 4.95%

School attendance

Attendance Percent
Attent Preschool programs 3.74%
Attend Public School 19.55%
Attend college undergraduate program 6.39%
Attent graduate studies 2.2%
Not enrolled in school 68.13%

Highest school attainment

Attainment Percent
Less then 9th grade 3.04%
Grade 9 to 12, no diploma 3.98%
High school diploma 21.2%
Some college, no degree 26.3%
Associate degree 6.67%
Bachelor's degree 34.66%
Graduate or professional degree 4.15%

Business Counts by Industry

Industry Type Count
Total of all sectors 439
Construction 77
Professional, Scientific, and Technical Services 66
Retail Trade 50
Accommodation and Food Services 41
Administrative and Support and Waste Management and Remediation Services 35
Other Services (except Public Administration) 35
Wholesale Trade 32
Manufacturing 21
Health Care and Social Assistance 21
Real Estate and Rental and Leasing 12
Finance and Insurance 11
Information 11
Educational Services 9
Arts, Entertainment, and Recreation 8
Transportation and Warehousing 7
Management of Companies and Enterprises 2
Industries not classified 1

Real Estate

Metric Value
Housing occupied 94.78%
Housing vacant 5.22%
Housing occupied by owner 69.24%
Housing occupied by tenant 30.76%
Total Rented Units 3097
Median Contract Gross Rent $1,304
Median Gross Rent $1,471
Median Home Value $388,600

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 20723 median gross rent is 12.81% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $1,130
1 Bedroom $1,280
2 Bedrooms $1,540
3 Bedrooms $1,980
4 Bedrooms $2,440
AVERAGE RENT $1,541

Average rent in zip code 20723 ($1,541.00) is 4.4% lower compared to nearby zip codes and 64.8% higher compared to the average rent in the US. The following illustrates how zip code 20723 rent compares to the nearby zip code rents by unit type: studio apartment rent is 3.2% higher, one bedroom apartment rent is 3.2% higher, two bedroom rent is 4.8% higher, three bedroom rent is 4.8% higher, four bedroom rent is 3.3% higher.

Housing units

Housing Unit Percent
Total housing units 10621
Detached housing units 43.47%
Attached housing units 30.8%
2 units 0.53%
3 - 4 units 1.4%
5 - 9 units 2.17%
10 - 19 units 15.91%
20 - 49 units 1.78%
50 or more units 2.7%
Mobile homes 1.24%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $31,735,200
Real estate taxes paid for units with a mortgage $27,836,100
Real estate taxes paid for units with no mortgage $3,899,000

Nearby Zip Code Income Per Capita Comparison

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