Interested in purchasing investment houses in the 20623 zip code in Cheltenham, MD?
The zip code 20623 is in Prince Georges county with a latitude of -76.837230000000 and longitude of 38.742470000000, is in the state of Maryland. The average asking price of houses and condos is $283,259.00 and the average sale price was $276,913.00. this regions is classified as the Washington D and consists of the following area codes: 227, 240, and 301. The location in degrees is 38° 44' 32.892" N, 76° 50' 14.028" W. The county F.I.P.S. is 24033. The total land area is 1.9 square miles and the water area is 0.0 square miles. The elevation in this area is 190 - 197 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20623 is in county number 033 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 3,029 in 2019 and 2,744 in 2010. Of this, the break down in 2019 was 2,613 urban and 415 rural. This further breaks down to 1,645 males (54.3%) and 1,384 females (45.7%). The median age of residents is 39.8 years. The population of the greater Washington-Arlington-Alexandria, DC-VA-MD-WV area is 5,500,613. The population density (people per square mile) is 1,573. This zip code has a combined total of 935 houses and condos. There are 6 rented appartments. 1% of residents rent versus the 1% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $78,166 and the average salary is $71,479. The median household income of individuals is $106,678.00 and the average is $80,930.00. This zip code has a mean commute time to work of 45.4 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 6.70% (Under $50,000), 35.00% ($50,000-$100,000), and 58.30% earn over $100,000. 1.6% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 169.0. The educational breakdown is 97.0% have a high school education or higher, 40.5% have a bachelor's degree or higher, and 20.1% have some kind of profesional degree.
This area has 851 households and the average size is 3.3 people. Individuals who are single and have never been married are 31.7%, 59.6% are now married, 0.6% are separated, 3.6% are widowed, and 4.5% are divorced. The average yearly contribution amount given by people to charity was $5,885 versus the state average of $4,452. The percent of residents who gave to charity was 60.3%.
The estimated median value of houses and condos is $352,070. The median monthly owner costs of mortgage holders was $2,363, where as the costs for those who don't have a mortgage are $555. The median number of rooms in houses and condos are 8.3.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $4,724. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $3,515. The median housing property tax percent for residents with mortgages was 1.4% which amounted to an average tax amount of $4,936. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $3,823. Reported taxable interest for persons was $375, dividends $700, and itemized deductions $30,529. The average earned income tax credit is $2,007. The percent of individuals that use a tax preparer is 51.0%. The total average income taxes paid by individuals was $10,435. Businesses reported an average profit of $79.
Royal Pizza Columbia
10600 Bailey Dr, Cheltenham, MD 20623
Crazy Down Home
6210 Coventry Way, Clinton, MD 20735 (3.5 miles away)
Bonefish Grill
15910 Crain Hwy, Brandywine, MD 20613 (4.2 miles away)
Buffalo Wild Wings
14724 Baltimore Ave, Laurel, MD 20726 (6 miles away)
Martin Seafood and Crabs
9516 Crain Hwy, Upper Marlboro, MD 20772 (6.2 miles away)
Capitol Seafood and Crab
6326 Marlboro Pike, District Heights, MD 20747 (7.5 miles away)