Income & Economy in Barnesville town, MD (20838)
Median Income
$223,571
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+24
Wealth inflow
Population
409
Unemployment
1.1%
2.7pp below US avg
IRS migration statistics show a net inflow of about 24 for ZIP 20838 (Barnesville 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 20838 (2020–Present)
Since 2020, population grew 8.5%, median income rose 39.9% (inflation-adjusted), home values increased 13.7%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $223,571 |
| Unemployment | 1.1% |
| Establishments | 10 |
| Employees | 58 |