Interested in purchasing investment houses in the 20816 zip code in Bethesda, MD?
The zip code 20816 is in Montgomery county with a latitude of -77.118530000000 and longitude of 38.955910000000, is in the state of Maryland. The average asking price of houses and condos is $1,315,719.00 and the average sale price was $941,754.00. 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° 57' 21.276" N, 77° 7' 6.708" W. The county F.I.P.S. is 24031. This zip code contains two cities including Bethesda, MD (56.44%), and Brookmont, MD (43.56%) The total land area is 3.5 square miles and the water area is 0.6 square miles. The elevation in this area is 213 - 269 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20816 is in county number 031 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 16,493 in 2019 and 16,208 in 2010. This further breaks down to 8,061 males (48.9%) and 8,432 females (51.1%). The median age of residents is 45.4 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 4,759. This zip code has a combined total of 6,570 houses and condos. There are 1,166 rented appartments. 19% of residents rent versus the 19% of residents in the state who rent.
The financial status of those living in this area is considered upper middle class. The average individual gross adjusted income is $238,007 and the average salary is $171,480. The median household income of individuals is $152,038.00 and the average is $307,060.00. This zip code has a mean commute time to work of 30.4 minutes. The unemployment rate is 2.8%. Income earners by percent breakdown as 9.60% (Under $50,000), 20.20% ($50,000-$100,000), and 70.20% earn over $100,000. 1.8% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 191.8. The educational breakdown is 100.8% have a high school education or higher, 92.5% have a bachelor's degree or higher, and 63.4% have some kind of profesional degree.
This area has 6,339 households and the average size is 2.7 people. Individuals who are single and have never been married are 23.3%, 62.9% are now married, 0.8% are separated, 4.7% are widowed, and 8.3% are divorced. The average yearly contribution amount given by people to charity was $10,203 versus the state average of $4,452. The percent of residents who gave to charity was 63.4%.
The estimated median value of houses and condos is $1,050,681. The median monthly owner costs of mortgage holders was $4,036, where as the costs for those who don't have a mortgage are $1,326. The median number of rooms in houses and condos are 10.0 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $9,616. 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 $9,569. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $9,768. Reported taxable interest for persons was $4,597, dividends $18,708, capital gains +$31,334, and itemized deductions $60,070. The average earned income tax credit is $1,105. The percent of individuals that use a tax preparer is 62.1%. The total average income taxes paid by individuals was $31,934. Businesses reported an average profit of $47,251.
The Irish Inn at Glen Echo
6119 Tulane Ave, Glen Echo, MD 20812 (1.7 miles away)
DeCarlo's Restaurant
4822 Yuma St NW, Washington, DC 20016 (2.1 miles away)
The Capital Grille
5310 Western Ave, Chevy Chase, MD 20815 (2.2 miles away)
Maggiano's Little Italy
5333 Wisconsin Ave NW, Washington, DC 20015 (2.6 miles away)
Sal's Italian Kitchen
7945 MacArthur Blvd, Cabin John, MD 20818 (2.6 miles away)
Morton's The Steakhouse
7400 Wisconsin Ave, Bethesda, MD 20814 (3 miles away)
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