Income & Economy in undefined, MD (20711)
Median Income
$98,517
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+448
Wealth inflow
Population
7,629
Unemployment
6.1%
2.4pp above US avg
IRS migration statistics show a net inflow of about 448 for ZIP 20711 (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 20711 (2020–Present)
Since 2020, population grew 3.1%, median income fell 9.6% (inflation-adjusted), home values decreased 3.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $98,517 |
| Unemployment | 6.1% |
| Establishments | 123 |
| Employees | 1,236 |