Comparison to Surrounding Areas
The median household income ($118,115) for 20724 is less than the median household income for 20715 ($143,732), 20720 ($158,997), 20723 ($138,113), 21113 ($125,639), and Anne Arundel County ($124,911). But it's more than 20701 ($85,594), 20707 ($107,706), 20708 ($83,367), 20755 ($103,261), Fort Meade CDP ($103,261), and Maryland City CDP ($117,337).
| 20724 | $118,115 |
| Fort Meade CDP | $103,261 |
| Maryland City CDP | $117,337 |
| Anne Arundel County | $124,911 |
Get Median Household Income for all Zip Codes in Maryland.
The average household income ($131,979) for 20724 is less than the average household income for 20715 ($161,192), 20720 ($194,997), 20723 ($176,427), 21113 ($141,486), and Anne Arundel County ($156,835). But it's more than 20701 ($111,538), 20707 ($128,166), 20708 ($105,318), 20755 ($124,494), Fort Meade CDP ($124,494), and Maryland City CDP ($131,645).
| 20724 | $131,979 |
| Fort Meade CDP | $124,494 |
| Maryland City CDP | $131,645 |
| Anne Arundel County | $156,835 |
Get Average Household Income for all Zip Codes in Maryland.
The per-capita income for 20724 is $52,634. The per capita income ($52,634) for 20724 is less than the per capita income for 20715 ($54,656), 20723 ($60,610), 21113 ($59,581), 20701 ($79,429), 20720 ($65,349), Anne Arundel County ($59,733), and Maryland City CDP ($52,658). But it's more than 20707 ($51,579), 20708 ($40,931), 20755 ($39,039), and Fort Meade CDP ($39,039).
| 20724 | $52,634 |
| Fort Meade CDP | $39,039 |
| Maryland City CDP | $52,658 |
| Anne Arundel County | $59,733 |
Get Per-Capita Income for all Zip Codes in Maryland.
18.5% of households make over $200,000 a year. The percent high income households (18.5%) for 20724 is less than the percent high income households for 20715 (28.7%), 20723 (33.4%), 21113 (20.7%), 20701 (21.8%), 20720 (37.1%), Anne Arundel County (25.0%), and Maryland City CDP (18.6%). But it's more than 20707 (16.7%), 20708 (12.3%), 20755 (15.0%), and Fort Meade CDP (15.0%).
| 20724 | 18.5% |
| Fort Meade CDP | 15.0% |
| Maryland City CDP | 18.6% |
| Anne Arundel County | 25.0% |
Get High Income Households for all Zip Codes in Maryland.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 20724 | $56,094 | $125,548 | $139,348 | $47,321 |
| Fort Meade CDP | $47,321 | $97,993 | $136,667 | $185,313 |
| Maryland City CDP | $56,094 | $124,827 | $139,348 | $47,321 |
| Anne Arundel County | $68,207 | $130,707 | $152,084 | $92,094 |
Get Median Household Income by Age of Householder for all Zip Codes in Maryland.
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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 20724 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
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+ | |||||
| 20724 | +/-$15,061 | +/-$11,545 | +/-$4,517 | +/-5.2% | +/-$18,048 | +/-$24,842 | +/-$12,347 | +/-$24,346 |
| Fort Meade CDP | +/-$9,448 | +/-$11,570 | +/-$3,607 | +/-4.1% | +/-$18,263 | +/-$16,722 | +/-$33,886 | +/-$104,301 |
| Maryland City CDP | +/-$14,882 | +/-$11,626 | +/-$4,555 | +/-5.2% | +/-$18,048 | +/-$21,921 | +/-$12,347 | +/-$24,346 |
| Anne Arundel County | +/-$1,826 | +/-$2,381 | +/-$825 | +/-0.7% | +/-$9,732 | +/-$4,497 | +/-$5,954 | +/-$2,995 |