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Washington city, DC
ZIP 20016 — Economy & Jobs
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Wealthy AreaLow Snow AreaRemote Work Hub
Income, employment, industries, and economic trends
Income & Economy in Washington city, DC (20016)
Median Income
$179,107
*Adjusted for inflation (2023 dollars)
IRS Net Migration
-166
Wealth outflow
Population
31,668
Unemployment
4.0%
0.3pp above US avg
IRS migration statistics show a net outflow of about 166 for ZIP 20016 (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.
Historical Trends in 20016 (2020–Present)
Since 2020, population declined 8.7%, median income fell 4.1% (inflation-adjusted), home values increased 2.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $179,107 |
| Unemployment | 4.0% |
| Establishments | 962 |
| Employees | 23,622 |