Income & Economy in Montgomery Village CDP, MD (20886)
Median Income
$98,767
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,022
Wealth inflow
Population
34,419
Unemployment
6.1%
2.4pp above US avg
IRS migration statistics show a net inflow of about 2,022 for ZIP 20886 (Montgomery Village 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 20886 (2020–Present)
Since 2020, population declined 1.3%, median income fell 2.0% (inflation-adjusted), home values decreased 1.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $98,767 |
| Unemployment | 6.1% |
| Establishments | 281 |
| Employees | 2,734 |