| ZIP Code | 20763 |
|---|---|
| City | Savage |
| State | Maryland (MD) |
| County | Howard County |
| Area Code | 443 |
| Elevation | 150 ft |
| Latitude | 39.137262 |
|---|---|
| Longitude | -76.820091 |
| Timezone | New York (DST) |
| FIPS | 24027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.8 yrs ↓ 14% since 2019 |
|---|---|
| Avg Household Size | 2.12 |
| Below Poverty | 13.9% ▲ 39% above avg |
| College Grads | 50.9% ▲ 31% above avg |
| Unemployment | 10.3% ▲ 109% above avg |
| HS Graduate | 539 (32.2%) |
| Some College | 186 (11.1%) |
| Associates | 97 (5.8%) |
| Bachelors | 61 (3.6%) |
| Graduate Degree | 791 (47.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $119,083 ▲ 56% above avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $406,300 ▲ 46% above avg ↑ 14% since 2019 |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $2,140/mo ↑ 57% since 2019 |
| Total Units | 1,113 |
| Vacant Units | 18 |
| Avg HH Size | 2.12 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,113 |
|---|---|
| Vacant | 18 |
| Owner Occupied | 49.9% |
| Renter Occupied | 50.1% |
| Avg HH Size | 2.12 |
ZIP code 20763 is located in Savage, Maryland, within Howard County. With a population of 2,320, this is a sparsely populated ZIP code with a relatively young community — the median age is 35.8 years. Economically, 20763 is a upper-middle-income ZIP code: the median household income of $119,083 is significantly above the national average.
Real estate in ZIP code 20763 represents a premium housing market. The median home value of $406,300 is above the national average. Renters can expect to pay around $2,140 per month in median rent. The area has a relatively balanced mix of owners (49.9%) and renters (50.1%). Median home values have increased by 14% since 2019.
The population of 20763 is majority White (51.55%). Residents are well-educated — 50.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 13.9%. Household income has grown by 21% since 2019.
The unemployment rate in 20763 stands at 10.3%, which is more than double the national average. About 17% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 78%.
Overall, ZIP code 20763 in Savage, MD is characterized as upper-middle-income, well-educated, and a relatively young community. With 2,320 residents, a median household income of $119,083, and a median home value of $406,300, it offers a clear picture of life in this part of Maryland.