Washington city, DC

ZIP 20007 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Washington city, DC (20007)

Median Income

$142,783

*Adjusted for inflation (2023 dollars)

IRS Net Migration

-124

Wealth outflow

Population

23,696

Unemployment

2.6%

1.1pp below US avg

IRS migration statistics show a net outflow of about 124 for ZIP 20007 (Washington city, DC) on US5’s published series — more filers leaving than arriving in the measured period. Outflows can reflect housing costs, industry shifts, or retirement moves; use it as context alongside population and income trends.

Economic Indicators

Unemployment

2.6%-30% vs US avg

Self-Employed

0.7%-88% vs US avg

SNAP Benefits

2.2%-82% vs US avg

1,377

Establishments

23,329

Employees

~17 per establishment — small businesses dominate

Professional services

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Construction1.7%
Manufacturing1.0%
Wholesale trade0.8%
Retail trade3.3%
Transportation, utilities1.3%
Information3.7%
Finance, insurance, real estate7.5%
Professional, scientific, management31.2%
Education, health care, social24.2%
Arts, entertainment, food services4.9%
Other services7.8%
Public administration12.5%

Household Income

Historical Trends in 20007 (2020–Present)

Since 2020, population declined 10.3%, median income fell 10.4% (inflation-adjusted), home values decreased 3.4%.

Median Income

$142,783

+90% vs US avg

Unemployment Rate