Income & Economy in Washington Grove town, MD (20880)
Median Income
$160,417
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+35
Wealth inflow
Population
590
Unemployment
3.6%
0.1pp below US avg
IRS migration statistics show a net inflow of about 35 for ZIP 20880 (Washington Grove 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 20880 (2020–Present)
Since 2020, population grew 11.3%, median income rose 4.4% (inflation-adjusted), home values increased 13.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $160,417 |
| Unemployment | 3.6% |
| Establishments | 3 |
| Employees | 17 |