Interested in purchasing investment houses in the 20854 zip code in Potomac, MD?
The zip code 20854 is in Montgomery county with a latitude of -77.220460000000 and longitude of 39.033760000000, is in the state of Maryland. The average asking price of houses and condos is $1,410,881.00 and the average sale price was $1,003,569.00. 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° 2' 1.536" N, 77° 13' 13.656" W. The county F.I.P.S. is 24031. This zip code contains four cities including Potomac, MD (57.23%), Travilah, MD (35.57%), Darnestown, MD (3.59%), and Rockville, MD (3.59%) The total land area is 33.7 square miles and the water area is 2.8 square miles. The elevation in this area is 236 - 417 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20854 is in county number 031 and is L. Sector 10, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 49,725 in 2019 and 49,611 in 2010. Of this, the break down in 2019 was 48,768 urban and 956 rural. This further breaks down to 23,879 males (48.0%) and 25,846 females (52.0%). The median age of residents is 48.3 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 1,474. This zip code has a combined total of 17,538 houses and condos. There are 1,408 rented appartments. 8% of residents rent versus the 8% 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 $283,241 and the average salary is $177,176. The median household income of individuals is $172,442.00 and the average is $299,530.00. This zip code has a mean commute time to work of 34.6 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 7.00% (Under $50,000), 14.90% ($50,000-$100,000), and 78.20% earn over $100,000. 2.2% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 193.3. The educational breakdown is 99.6% have a high school education or higher, 83.8% have a bachelor's degree or higher, and 54.2% have some kind of profesional degree.
This area has 16,753 households and the average size is 2.9 people. Individuals who are single and have never been married are 21.2%, 68.0% are now married, 0.7% are separated, 5.2% are widowed, and 4.9% are divorced. The average yearly contribution amount given by people to charity was $11,506 versus the state average of $4,452. The percent of residents who gave to charity was 61.6%.
The estimated median value of houses and condos is $1,002,028. The median monthly owner costs of mortgage holders was $4,036, where as the costs for those who don't have a mortgage are $1,255. The median number of rooms in houses and condos are 10.0 versus apartments which had a median number of 7.5.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $9,558. 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 $9,563. 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 $9,589. Reported taxable interest for persons was $7,314, dividends $24,480, capital gains +$56,430, and itemized deductions $72,230. The average earned income tax credit is $1,479. The percent of individuals that use a tax preparer is 60.6%. The total average income taxes paid by individuals was $40,989. Businesses reported an average profit of $61,489.
Riverfalls Seafood Co
10124 River Rd, Potomac, MD 20854
Gregorio's Trattoria
7745 Tuckerman Ln, Potomac, MD 20854
Renato Restaurant
10120 River Rd, Potomac, MD 20854
Hunter's Bar and Grill
10123 River Rd, Potomac, MD 20854
Sugo Osteria & Pizzeria
12505 Park Potomac Ave, Potomac, MD 20854
En Bistro & Sushi
9945 Falls Rd, Potomac, MD 20854
Old Anglers Inn
10801 Macarthur Blvd, Potomac, MD 20854
Tally-Ho Restaurant
9923 Falls Rd, Potomac, MD 20854
Gringos & Mariachis
12435 Park Potomac Ave Ste R6, Potomac, MD 20854
Addie's Restaurant
12435 Park Potomac Ave, Potomac, MD 20854
Mix Bar And Grille
9812 Falls Rd, Potomac, MD 20854
Grand Fusion
350 Fortune Ter Ste E, Potomac, MD 20854
Lock 72 Kitchen & Bar
10128 River Rd, Potomac, MD 20854
Normandie Farm
10710 Falls Rd, Potomac, MD 20854
MoCos Founding Farmers
12505 Park Potomac Ave, Potomac, MD 20854
O'Donnell's Market
1071 Seven Locks Rd, Potomac, MD 20854
Pony Express Bar & Grill
9600 Newbridge Dr, Potomac, MD 20854
The Tavern at River Falls
10128 River Rd, Potomac, MD 20854
Attman's Deli
7913 Tuckerman Ln, Potomac, MD 20854
Brooklyn's Deli
1089 Seven Locks Rd, Potomac, MD 20854
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