Income & Economy in Garrett Park town, MD (20896)
Median Income
$250,001
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+52
Wealth inflow
Population
890
Unemployment
2.4%
1.3pp below US avg
IRS migration statistics show a net inflow of about 52 for ZIP 20896 (Garrett Park 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 20896 (2020–Present)
Since 2020, population grew 12.4%, median income rose 4.2% (inflation-adjusted), home values decreased 1.3%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $250,001 |
| Unemployment | 2.4% |
| Establishments | 20 |
| Employees | 136 |