Zip Code
20723
City
Laurel, MD
Population & Migration
What is the forecasted population for Zip code 20723 Laurel, MD?
- Population census 2020
- 36,082
- Forecasted population 2025
- 37,153
- 3% vs. 2020
- Forecasted population 2030
- 38,104
- 5.6% vs. 2020
Zip code 20723 Laurel, MD population is forecasted to decrease 3% by 2025 (-1.7 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 37,153 people for 2025 zip code 20723 Laurel, MD will generate a good demand for housing, which is expected to have a deficit of 695 houses for 2030. Vacancy rate is 6.2 points below national US average.
- Total homes available 2020
- 12,402
- Estimated total home demand in 2030
- 13,097
- Total homes balance inventory
- 695
Average Household Income in zip code 20723 Laurel, MD
from Internal Revenue Service
- Average household income in 2021
- $154,207
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 20723 Laurel, MD?
County total number of drinking water violations
71
-71%
244
County total number of drinking water contaminations
17
-29%
24
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