Zip Code

20855

City

Derwood, MD

Population & Migration

What is the forecasted population for Zip code 20855 Derwood, MD?

Population census 2020
15,955
Forecasted population 2025
16,828
5.5% vs. 2020
Forecasted population 2030
17,415
9.2% vs. 2020

Zip code 20855 Derwood, MD population is forecasted to grow 5.5% by 2025 (0.8 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 16,828 people for 2025 zip code 20855 Derwood, MD will generate a good demand for housing, which is expected to have a deficit of 515 houses for 2030. Vacancy rate is 8.5 points below national US average.

Total homes available 2020
5,635
Estimated total home demand in 2030
6,150
Total homes balance inventory
515

Average Household Income in zip code 20855 Derwood, MD
from Internal Revenue Service

Average household income in 2021
$165,018

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 20855 Derwood, MD?

County total number of drinking water violations

104

-55%

232

County total number of drinking water contaminations

23

+5%

22

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