20723 Income Statistics

Comparison to Surrounding Areas

20723 Median Household Income

The median household income ($138,113) for 20723 is less than the median household income for 20759 ($250,001), 20866 ($140,308), 21029 ($243,542), Howard County ($149,763), Fulton CDP ($222,039), and Scaggsville CDP ($207,220). But it's more than 21046 ($127,813), 20701 ($85,594), 20707 ($107,706), 20724 ($118,115), 20763 ($76,842), 20794 ($116,406), 21044 ($135,057), and North Laurel CDP ($122,949).

20723$138,113
Fulton CDP$222,039
North Laurel CDP$122,949
Scaggsville CDP$207,220
Howard County$149,763

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20723 Average Household Income

The average household income ($176,427) for 20723 is less than the average household income for 20759 ($333,605), 21029 ($293,475), Howard County ($184,243), Fulton CDP ($320,255), and Scaggsville CDP ($228,953). But it's more than 21046 ($152,547), 20701 ($111,538), 20707 ($128,166), 20724 ($131,979), 20763 ($126,619), 20794 ($137,847), 20866 ($156,617), 21044 ($162,075), and North Laurel CDP ($151,970).

20723$176,427
Fulton CDP$320,255
North Laurel CDP$151,970
Scaggsville CDP$228,953
Howard County$184,243

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20723 Per-Capita Income

The per-capita income for 20723 is $60,610. The per capita income ($60,610) for 20723 is less than the per capita income for 21046 ($61,404), 20759 ($102,538), 21029 ($89,689), 21044 ($68,805), 20701 ($79,429), Howard County ($67,501), Fulton CDP ($110,539), and Scaggsville CDP ($69,878). But it's more than 20707 ($51,579), 20724 ($52,634), 20763 ($56,335), 20794 ($35,400), 20866 ($50,473), and North Laurel CDP ($53,905).

20723$60,610
Fulton CDP$110,539
North Laurel CDP$53,905
Scaggsville CDP$69,878
Howard County$67,501

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20723 High Income Households

33.4% of households make over $200,000 a year. The percent high income households (33.4%) for 20723 is less than the percent high income households for 20759 (68.0%), 21029 (64.7%), Howard County (34.7%), Fulton CDP (55.2%), and Scaggsville CDP (53.1%). But it's more than 21046 (24.7%), 20701 (21.8%), 20707 (16.7%), 20724 (18.5%), 20763 (15.9%), 20794 (22.9%), 20866 (29.0%), 21044 (27.7%), and North Laurel CDP (26.6%).

2072333.4%
Fulton CDP55.2%
North Laurel CDP26.6%
Scaggsville CDP53.1%
Howard County34.7%

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20723 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
20723$90,176$133,919$176,125$112,917
Fulton CDP$-1$196,938$246,136$119,597
North Laurel CDP$90,078$127,775$167,287$88,125
Scaggsville CDP$-1$250,001$218,587$188,192
Howard County$67,536$148,154$181,793$110,656

Get Median Household Income by Age of Householder for all Zip Codes in Maryland.

20723 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 20723 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the 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+
20723+/-$8,428+/-$9,581+/-$3,466+/-3.1%+/-$51,782+/-$8,025+/-$18,189+/-$25,792
Fulton CDP+/-$31,354+/-$56,761+/-$18,702+/-9.0%+/-$-1+/-$75,935+/-$41,927+/-$30,259
North Laurel CDP+/-$6,617+/-$8,823+/-$3,428+/-3.4%+/-$59,519+/-$11,931+/-$23,962+/-$35,807
Scaggsville CDP+/-$25,192+/-$14,995+/-$5,254+/-7.4%+/-$-1+/-$-1+/-$24,933+/-$23,553
Howard County+/-$3,158+/-$3,425+/-$1,195+/-1.0%+/-$15,955+/-$5,806+/-$6,431+/-$6,899