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
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ZIP 20832 vs. Maryland vs. U.S.
| Metric | ZIP 20832 | MD Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 25k | 13k | 10k |
| Median Household Income | $160k | $107k | $73k |
| Median Home Value | $572k | $404k | $258k |
| Median Rent | $2,179 | $1,552 | $1,088 |
| Median Age | 40.9 | 43.5 | 43.2 |
| Unemployment Rate | 4.0% | 5.0% | 5.0% |
| Poverty Rate | 3.8% | 9.4% | 13.3% |
| Bachelor's Degree or Higher | 63.6% | 37.6% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 20860 – Sandy Spring
- 20855 – Derwood
- 20862 – Brinklow
- 20853 – Rockville
- 20833 – Brookeville
- 20861 – Ashton
- 20906 – Silver Spring
- 20905 – Silver Spring
- 20880 – Washington Grove
- 20879 – Gaithersburg
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 |