Income & Economy in College Park city, MD (20740)
Median Income
$81,359
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,148
Wealth inflow
Population
36,564
Unemployment
7.5%
3.8pp above US avg
IRS migration statistics show a net inflow of about 2,148 for ZIP 20740 (College Park city, 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 20740 (2020–Present)
Since 2020, population grew 15.3%, median income fell 5.7% (inflation-adjusted), home values increased 4.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $81,359 |
| Unemployment | 7.5% |
| Establishments | 627 |
| Employees | 8,439 |