20832 ZIP Code – Olney, Maryland

Located in Olney, Maryland, ZIP code 20832 is a large ZIP code within Montgomery County with a population of approximately 25,488 residents. The median household income is $160,287 — above the Maryland average and well above the national average. The median home value of $572,800 is well above the national average, with 86.9% owner-occupied housing (increasing). ; median rent of $2,179 is similarly well above the national average. Housing consists of 95% single-family (increasing).

At 4.0%, the unemployment rate is below the national figure. The poverty rate is 3.8%, well below the national average. About 63.6% of residents have completed a four-year degree, well above the national rate. The median age is 40.9, near the national median. Nearby ZIP codes include 20860, 20855, 20862.

ZIP Code 20832 Data

Population 25,488
Median Household Income $160,287
Median Home Value $572,800
Median Rent $2,179
Median Age 40.9
Unemployment Rate 4.0%
Poverty Rate 3.8%
Bachelor's Degree or Higher 63.6%
State Maryland

ZIP 20832 vs. Maryland vs. U.S.

MetricZIP 20832MD Avg.U.S. Avg.
Population25k13k10k
Median Household Income$160k$107k$73k
Median Home Value$572k$404k$258k
Median Rent$2,179$1,552$1,088
Median Age40.943.543.2
Unemployment Rate4.0%5.0%5.0%
Poverty Rate3.8%9.4%13.3%
Bachelor's Degree or Higher63.6%37.6%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
20860 SANDY SPRING 2,279 $152,768
20855 DERWOOD 16,558 $146,036
20862 BRINKLOW 268 $192,083
20853 ROCKVILLE 31,794 $146,075
20833 BROOKEVILLE 7,949 $195,564