Interested in purchasing investment houses in the 20693 zip code in Welcome, MD?
The zip code 20693 is in Charles county with a latitude of -77.089340000000 and longitude of 38.459280000000, is in the state of Maryland. The average asking price of houses and condos is $262,600.00 and the average sale price was $292,714.00. 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° 27' 33.408" N, 77° 5' 21.624" W. The county F.I.P.S. is 24017. The total land area is 20.2 square miles and the water area is 5.3 square miles. The elevation in this area is 10 - 98 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20693 is in county number 017 and is L. Sector 00, L. Segment 01, H. Sector 06, and H. Segment 06. The population was 842 in 2019 and 1,088 in 2010. This further breaks down to 372 males (44.3%) and 469 females (55.7%). The median age of residents is 45.3 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 42. This zip code has a combined total of 382 houses and condos. There are 40 rented appartments. 13% of residents rent versus the 13% 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 $79,492 and the average salary is $71,327. The median household income of individuals is $84,275.00 and the average is $88,580.00. This zip code has a mean commute time to work of 49.2 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 23.50% (Under $50,000), 38.10% ($50,000-$100,000), and 38.40% earn over $100,000. 7.1% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 139.1. The educational breakdown is 99.9% have a high school education or higher, 33.9% have a bachelor's degree or higher, and 15.6% have some kind of profesional degree.
This area has 383 households and the average size is 2.6 people. Individuals who are single and have never been married are 22.9%, 65.8% are now married, 1.3% are separated, 2.5% are widowed, and 7.5% are divorced. The average yearly contribution amount given by people to charity was $2,552 versus the state average of $4,452. The percent of residents who gave to charity was 49.2%.
The estimated median value of houses and condos is $433,342. The median monthly owner costs of mortgage holders was $2,488, where as the costs for those who don't have a mortgage are $691. The median number of rooms in houses and condos are 8.3.
The real estate tax percent rate is 1.1% which equated to an average real estate tax amount payment of $4,820. 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 1.1% which amounted to an average tax amount of $4,996. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $4,094. Reported taxable interest for persons was $1,436, dividends $1,670, capital gains +$10,638, and itemized deductions $26,479. The average earned income tax credit is $2,217. The percent of individuals that use a tax preparer is 55.9%. The total average income taxes paid by individuals was $11,458. Businesses reported an average profit of $13,257.
Krabby K's Crabshack Welcome MD
7050 Port Tobacco Rd, Welcome, MD 20693
Scott's II
7050 Port Tobacco Rd, Welcome, MD 20693
Walton's Seafood Carryout
3330 Livingston Rd, Indian Head, MD 20640 (2.5 miles away)
Port Tobacco Restaurant and Marina
7536 Shirley Blvd, Port Tobacco, MD 20677 (3.6 miles away)
Apehangers
9100 Crain Hwy, Bel Alton, MD 20611 (6.3 miles away)
Outback Steakhouse
6649 Crain Hwy, La Plata, MD 20646 (7.1 miles away)