Income & Economy in Shady Side CDP, MD (20778)
Median Income
$177,083
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+132
Wealth inflow
Population
2,243
Unemployment
3.2%
0.5pp below US avg
IRS migration statistics show a net inflow of about 132 for ZIP 20778 (Shady Side CDP, 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 20778 (2020–Present)
Since 2020, population declined 8.8%, median income rose 0.8% (inflation-adjusted), home values increased 3.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $177,083 |
| Unemployment | 3.2% |
| Establishments | 44 |
| Employees | 373 |