Interested in purchasing investment houses in the 20872 zip code in Damascus, MD?
The zip code 20872 is in Montgomery county with a latitude of -77.217700000000 and longitude of 39.291470000000, is in the state of Maryland. The average asking price of houses and condos is $347,785.00 and the average sale price was $281,425.00. 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° 17' 29.292" N, 77° 13' 3.72" W. The county F.I.P.S. is 24031. This zip code contains two cities including Damascus, MD (41.17%), and Clarksburg, MD (0.61%) The total land area is 20.9 square miles and the water area is 0.0 square miles. The elevation in this area is 604 - 751 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20872 is in county number 031 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 12,740 in 2019 and 13,104 in 2010. Of this, the break down in 2019 was 10,309 urban and 2,430 rural. This further breaks down to 5,970 males (46.9%) and 6,769 females (53.1%). The median age of residents is 41.2 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 611. This zip code has a combined total of 4,487 houses and condos. There are 613 rented appartments. 14% of residents rent versus the 14% 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 $76,271 and the average salary is $71,296. The median household income of individuals is $84,217.00 and the average is $86,460.00. This zip code has a mean commute time to work of 39.9 minutes. The unemployment rate is 3.0%. Income earners by percent breakdown as 23.50% (Under $50,000), 37.00% ($50,000-$100,000), and 39.60% earn over $100,000. 4.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 176.2. The educational breakdown is 95.6% have a high school education or higher, 46.5% have a bachelor's degree or higher, and 19.6% have some kind of profesional degree.
This area has 4,403 households and the average size is 3.0 people. Individuals who are single and have never been married are 29.0%, 57.9% are now married, 1.5% are separated, 3.4% are widowed, and 8.2% are divorced. The average yearly contribution amount given by people to charity was $3,321 versus the state average of $4,452. The percent of residents who gave to charity was 46.5%.
The estimated median value of houses and condos is $429,251. The median monthly owner costs of mortgage holders was $2,117, where as the costs for those who don't have a mortgage are $639. The median number of rooms in houses and condos are 7.8 versus apartments which had a median number of 5.3.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $3,796. 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 $3,848. 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 $3,715. Reported taxable interest for persons was $707, dividends $2,773, capital gains +$5,037, and itemized deductions $27,081. The average earned income tax credit is $2,225. The percent of individuals that use a tax preparer is 44.8%. The total average income taxes paid by individuals was $11,360. Businesses reported an average profit of $12,561.
Tokyo Fire Inc
9811 Main St, Damascus, MD 20872
Smokehill Bbq
9870 Main St Ste C, Damascus, MD 20872
Hornets Nest Grille
9876 Main St, Damascus, MD 20872
Red Rooster
10005 Damascus Blvd, Damascus, MD 20872
Ricoton
9871 Main St, Damascus, MD 20872
Tom and Ray's Family Restaurant
9805 Main St, Damascus, MD 20872
Peruvian Chicken & Grill
26400 Ridge Rd, Damascus, MD 20872
Sky Kitchen
9805 Main St Ste 207, Damascus, MD 20872
Tasty 68
26131 Ridge Rd, Damascus, MD 20872
Little Far East III
26043 Ridge Rd, Damascus, MD 20872
Panda East
26131 Ridge Rd, Damascus, MD 20872
Tom & Ray's Restaurant
9876 Main St, Damascus, MD 20872
Main Street Pollo
9871 Main St, Damascus, MD 20872
Hill Jeff
9870 Main St, Damascus, MD 20872
Quincys Uptown
9813 Main St, Damascus, MD 20872
Pasquales Deli
26315 Ridge Rd, Damascus, MD 20872
Peet's Coffee & Tea
9807 Main St, Damascus, MD 20872
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