Silver Spring, MD β Demographics & Statistics
ZIP code 20901 serves a portion of Silver Spring, Maryland, within Montgomery County. This community is home to approximately 51,386 residents, with a median age of 31.1 years. The median household income of $84,416 sits above the national median of $67,521, while median home values of $489,612 are above the national average of $301,500. The area has a renter-majority housing profile, with 42% owner-occupied and 58% renter-occupied units. Cost of living in this part of Silver Spring is higher than the national baseline, with an index of 130 (100 = national average). With a college-education rate of 45% and an unemployment rate of 4.1%, 20901 reflects the economic character of Montgomery County in Maryland.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 51,386 | β |
| Population | Density (per sq mi) | 7,194 | β |
| Economics | Median Household Income | $84,416 | β 25% vs nat'l avg |
| Economics | Median Home Value | $489,612 | β 62% vs nat'l avg |
| Economics | Cost of Living Index | 130 | β Higher than avg |
| Economics | Unemployment Rate | 4.1% | β 5% vs nat'l avg |
| Economics | Below Poverty Line | 9.8% | β 14% vs nat'l avg |
| Education | College Educated (25+) | 45% | β 29% vs nat'l avg |
| Demographics | Median Age | 31.1 yrs | β 19% vs nat'l avg |
| Housing | Owner-Occupied | 42% | β |
| Housing | Renter-Occupied | 58% | β |
| Housing | Total Housing Units | 25,179 | β |