Interested in purchasing investment houses in the 20850 zip code in Rockville, MD?
The zip code 20850 is in Montgomery county with a latitude of -77.180860000000 and longitude of 39.091290000000, is in the state of Maryland. The average asking price of houses and condos is $567,737.00 and the average sale price was $555,891.00. 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° 5' 28.644" N, 77° 10' 51.096" W. The county F.I.P.S. is 24031. This zip code contains four cities including Rockville, MD (53.81%), Travilah, MD (18.11%), North Potomac, MD (8.84%), and Gaithersburg, MD (2.04%) The total land area is 14.1 square miles and the water area is 0.1 square miles. The elevation in this area is 374 - 472 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20850 is in county number 031 and is L. Sector 00, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 53,756 in 2019 and 46,340 in 2010. This further breaks down to 25,297 males (47.1%) and 28,459 females (52.9%). The median age of residents is 40.5 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 3,814. This zip code has a combined total of 22,084 houses and condos. There are 9,398 rented appartments. 45% of residents rent versus the 45% 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 $112,624 and the average salary is $92,563. The median household income of individuals is $101,621.00 and the average is $128,250.00. This zip code has a mean commute time to work of 33.4 minutes. The unemployment rate is 3.4%. Income earners by percent breakdown as 20.00% (Under $50,000), 29.10% ($50,000-$100,000), and 51.00% earn over $100,000. 6.4% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 193.4. The educational breakdown is 96.6% have a high school education or higher, 69.2% have a bachelor's degree or higher, and 40.2% have some kind of profesional degree.
This area has 18,088 households and the average size is 2.5 people. Individuals who are single and have never been married are 31.6%, 52.9% are now married, 1.7% are separated, 4.8% are widowed, and 9.1% are divorced. The average yearly contribution amount given by people to charity was $4,317 versus the state average of $4,452. The percent of residents who gave to charity was 45.8%.
The estimated median value of houses and condos is $668,092. The median monthly owner costs of mortgage holders was $2,895, where as the costs for those who don't have a mortgage are $943. The median number of rooms in houses and condos are 7.3 versus apartments which had a median number of 3.9.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $6,493. 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 1.0% which amounted to an average tax amount of $6,499. 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 $6,505. Reported taxable interest for persons was $1,846, dividends $8,835, capital gains +$14,074, and itemized deductions $34,160. The average earned income tax credit is $1,860. The percent of individuals that use a tax preparer is 49.1%. The total average income taxes paid by individuals was $16,784. Businesses reported an average profit of $24,467.
Steak-Out
101 Gibbs St Unit C, Rockville, MD 20850
Nick's Chop House
700 King Farm Blvd Ste 170, Rockville, MD 20850
Mamma Lucia
14921 Shady Grove Rd, Rockville, MD 20850
Taipei Tokyo
14921 Shady Grove Rd Unit D, Rockville, MD 20850
Sushi Damo
36 Maryland Ave Unit G, Rockville, MD 20850
Panida Tai & Sushi Bar
15106 Frederick Rd, Rockville, MD 20850
Nagoya Sushi
402 King Farm Blvd Ste 130, Rockville, MD 20850
Sushi Oishii
9706 Traville Gateway Dr, Rockville, MD 20850
Branded 72
387 E Gude Dr, Rockville, MD 20850
Bar Louie
150 Gibbs St, Rockville, MD 20850
Hard Times Cafe
1117 Nelson St, Rockville, MD 20850
Stella Restaurant
9755 Traville Gateway Dr, Rockville, MD 20850
Thai Pavilion Restaurant
29 Maryland Ave, Rockville, MD 20850
Pho 75
771 Hungerford Dr, Rockville, MD 20850
East Dumpling House
12 N Washington St Ste 14G, Rockville, MD 20850
China Bistro
755 Hungerford Dr, Rockville, MD 20850
Woodside Deli Rockville
4 N Washington St, Rockville, MD 20850
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
