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ZIP Code 20704 — undefined, undefined Demographics & Data

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

Middle Class

At a glance

Population
6,039
Density
N/A
Median income
$96,362
+28% vs US avg
Home value
$370,100
+6% vs US avg
Median rent
$2,111
+82% vs US avg
Timezone
N/A

Overview of ZIP Code 20704

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What to know about ZIP 20704

ZIP code 20704 covers ZIP 20704 with a population of about 6,039.

At a glance, the area shows median age of 34.5 versus a U.S. median of about 38.9.

It sits in the WASHINGTON, DC (HAGRSTWN) media market.

Income and economy in ZIP 20704

Median household income in ZIP 20704 is about $96,362 — about 28% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 10.7%; unemployment rate near 8.3%; 29.6% of adults with a bachelor’s degree or higher (about 4.1 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Construction, and Healthcare; about 11.8% of workers reporting work-from-home (about 3.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 20704

Median home value is about $370,100 — about 6% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $2,111 (about 82% above the U.S. median rent ($1,163)), and owner-occupancy near 64.7% (roughly in line with the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 20704, a household would need roughly $102,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,377. That is roughly in line with the local median household income ($96,362). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.