Interested in purchasing investment houses in the 20904 zip code in Silver Spring, MD?
The zip code 20904 is in both Montgomery and Prince Georges counties with a latitude of -76.979730000000 and longitude of 39.066620000000, is in the state of Maryland. The average asking price of houses and condos is $364,632.00 and the average sale price was $322,628.00. this regions is classified as the Washington D and consists of the following area codes: 227, 240, and 301. The location in degrees is 39° 3' 59.832" N, 76° 58' 47.028" W. The county F.I.P.S. is 24031. This zip code contains six cities including Colesville, MD (36.79%), Calverton, MD (23.04%), Fairland, MD (21.98%), White Oak, MD (14.70%), Cloverly, MD (3.02%), and Kemp Mill, MD (0.48%) The total land area is 13.7 square miles and the water area is 0.0 square miles. The elevation in this area is 285 - 410 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20904 is in county number 031 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 55,877 in 2019 and 54,612 in 2010. This further breaks down to 25,645 males (45.9%) and 30,233 females (54.1%). The median age of residents is 40.8 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 4,086. This zip code has a combined total of 21,133 houses and condos. There are 8,896 rented appartments. 44% of residents rent versus the 44% 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 $64,470 and the average salary is $57,233. The median household income of individuals is $76,928.00 and the average is $70,790.00. This zip code has a mean commute time to work of 38.4 minutes. The unemployment rate is 6.3%. Income earners by percent breakdown as 26.80% (Under $50,000), 37.70% ($50,000-$100,000), and 35.50% earn over $100,000. 7.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 186.1. The educational breakdown is 91.8% have a high school education or higher, 49.4% have a bachelor's degree or higher, and 23.9% have some kind of profesional degree.
This area has 20,461 households and the average size is 2.8 people. Individuals who are single and have never been married are 35.0%, 46.3% are now married, 1.8% are separated, 6.4% are widowed, and 10.6% are divorced. The average yearly contribution amount given by people to charity was $4,508 versus the state average of $4,452. The percent of residents who gave to charity was 40.1%.
The estimated median value of houses and condos is $447,717. The median monthly owner costs of mortgage holders was $2,278, where as the costs for those who don't have a mortgage are $642. The median number of rooms in houses and condos are 7.7 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $3,976. 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 0.9% which amounted to an average tax amount of $4,028. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $3,914. Reported taxable interest for persons was $1,290, dividends $6,716, capital gains +$5,019, and itemized deductions $25,563. The average earned income tax credit is $2,255. The percent of individuals that use a tax preparer is 57.1%. The total average income taxes paid by individuals was $9,497. Businesses reported an average profit of $10,355.
Yo Yo Cafe
13843 Outlet Dr, Silver Spring, MD 20904
America's Best Wing
13828 Outlet Dr, Silver Spring, MD 20904
Wing Street
13886 Old Columbia Pike, Silver Spring, MD 20904
Greek Village Restaurant
13476 New Hampshire Ave, Silver Spring, MD 20904
Lapalapa 3
13816 Old Columbia Pike, Silver Spring, MD 20904
Don Ramon Restaurant
13816 Old Columbia Pike, Silver Spring, MD 20904
Pho Cafee
13426 New Hampshire Ave, Silver Spring, MD 20904
Pho Real Vietnamese
13876 Old Columbia Pike, Silver Spring, MD 20904
HomeTown Buffet
13508 New Hampshire Ave, Silver Spring, MD 20904
Hip Hop Fish, Chicken
13820 Old Columbia Pike, Silver Spring, MD 20904
Szechuan
13832 Old Columbia Pike, Silver Spring, MD 20904
Seafood In The Buff
12132 Georgia Ave, Silver Spring, MD 20902 (3.2 miles away)