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20707 Income Statistics

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20707 Compared to Surrounding Areas

Median Household Income

The median household income ($85,935) for 20707 is less than the median household income for 20723 ($121,500), 20705 ($92,257), 20724 ($98,811), 20866 ($114,195), Montgomery County ($111,812), Prince George's County ($86,994), Burtonsville ($122,541), West Laurel ($140,357), and Konterra ($101,667). But it's more than 20904 ($85,000), 20708 ($71,804), Laurel ($80,255), and South Laurel ($77,741).

20707$85,935
Konterra$101,667
South Laurel$77,741
West Laurel$140,357
Burtonsville$122,541
Laurel$80,255
Prince George's County$86,994
Montgomery County$111,812

Average Household Income

The average household income ($108,402) for 20707 is less than the average household income for 20866 ($128,689), 20904 ($109,558), 20723 ($150,024), 20724 ($109,334), Montgomery County ($152,779), Burtonsville ($142,746), Konterra ($120,143), and West Laurel ($157,078). But it's more than 20705 ($104,223), 20708 ($91,097), Prince George's County ($105,736), Laurel ($99,460), and South Laurel ($94,858).

20707$108,402
Konterra$120,143
South Laurel$94,858
West Laurel$157,078
Burtonsville$142,746
Laurel$99,460
Prince George's County$105,736
Montgomery County$152,779

Per-Capita Income

The per-capita income for 20707 is $41,861. The per capita income ($41,861) for 20707 is less than the per capita income for 20723 ($50,797), 20724 ($43,871), Montgomery County ($55,643), Konterra ($58,040), and West Laurel ($55,174). But it's more than 20866 ($36,437), 20904 ($39,389), 20705 ($37,277), 20708 ($33,994), Prince George's County ($38,502), Laurel ($38,582), Burtonsville ($38,636), and South Laurel ($35,259).

20707$41,861
Konterra$58,040
South Laurel$35,259
West Laurel$55,174
Burtonsville$38,636
Laurel$38,582
Prince George's County$38,502
Montgomery County$55,643

High Income Households

% of households make over $200,000 a year. The percent high income households (11.9%) for 20707 is less than the percent high income households for 20904 (13.4%), 20866 (15.3%), 20723 (26.7%), Montgomery County (23.5%), Burtonsville (20.3%), West Laurel (28.0%), and Konterra (14.9%). But it's more than 20705 (9.7%), 20708 (7.8%), 20724 (6.2%), Prince George's County (10.9%), Laurel (8.9%), and South Laurel (8.1%).

2070711.9%
Konterra14.9%
South Laurel8.1%
West Laurel28.0%
Burtonsville20.3%
Laurel8.9%
Prince George's County10.9%
Montgomery County23.5%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20707 $98,281 $90,288 $98,939 $62,375
Konterra $-1 $160,452 $107,083 $65,536
South Laurel $28,882 $78,980 $92,961 $54,049
West Laurel $-1 $136,101 $162,944 $105,536
Burtonsville $110,000 $124,726 $132,740 $80,583
Laurel $98,906 $79,803 $90,125 $56,723
Prince George's County $39,541 $81,199 $103,154 $71,246
Montgomery County $54,805 $105,641 $136,667 $90,864

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2020 5-year estimates. These values are in 2020 inflation-adjusted dollars and were downloaded on 17 March 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
20707 +/-$6,585 +/-$5,364 +/-$2,297 +/-1.9% +/-$81,616 +/-$14,521 +/-$9,889 +/-$9,804
Konterra +/-$27,109 +/-$18,897 +/-$10,009 +/-9.4% +/-$-1 +/-$45,737 +/-$47,829 +/-$19,497
South Laurel +/-$7,876 +/-$5,340 +/-$2,595 +/-1.6% +/-$18,031 +/-$9,438 +/-$8,396 +/-$15,534
West Laurel +/-$19,582 +/-$19,191 +/-$5,310 +/-7.6% +/-$-1 +/-$16,334 +/-$22,792 +/-$31,374
Burtonsville +/-$18,112 +/-$16,397 +/-$4,330 +/-6.7% +/-$48,242 +/-$37,979 +/-$51,843 +/-$16,225
Laurel +/-$4,212 +/-$5,269 +/-$2,546 +/-1.7% +/-$71,772 +/-$8,306 +/-$12,066 +/-$7,204
Prince George's County +/-$865 +/-$1,060 +/-$358 +/-0.4% +/-$3,630 +/-$1,407 +/-$1,134 +/-$1,769
Montgomery County +/-$1,361 +/-$1,592 +/-$564 +/-0.4% +/-$5,054 +/-$2,115 +/-$2,951 +/-$2,537