Income & Economy in Chesapeake Beach town, MD (20689)
Median Income
$174,583
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+120
Wealth inflow
Population
2,046
Unemployment
1.9%
1.8pp below US avg
IRS migration statistics show a net inflow of about 120 for ZIP 20689 (Chesapeake Beach town, MD) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 20689 (2020–Present)
Since 2020, population declined 14.2%, median income fell 0.8% (inflation-adjusted), home values increased 3.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $174,583 |
| Unemployment | 1.9% |
| Establishments | 34 |
| Employees | 142 |