Zip Code
20707
City
Laurel, MD
Population & Migration
What is the forecasted population for Zip code 20707 Laurel, MD?
- Population census 2020
- 32,184
- Forecasted population 2025
- 36,682
- 14% vs. 2020
- Forecasted population 2030
- 37,750
- 17.3% vs. 2020
Zip code 20707 Laurel, MD population is forecasted to grow 14% by 2025 (9.3 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 36,682 people for 2025 zip code 20707 Laurel, MD will generate a good demand for housing, which is expected to have a deficit of 2,210 houses for 2030. Vacancy rate is 4.7 points below national US average.
- Total homes available 2020
- 12,784
- Estimated total home demand in 2030
- 14,994
- Total homes balance inventory
- 2,210
Average Household Income in zip code 20707 Laurel, MD
from Internal Revenue Service
- Average household income in 2021
- $115,119
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 20707 Laurel, MD?
County total number of drinking water violations
53
-78%
244
County total number of drinking water contaminations
12
-50%
24
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