| ZIP Code | 20832 |
|---|---|
| City | Olney |
| State | Maryland (MD) |
| County | Montgomery County |
| Area Code | 227/240/301 |
| Elevation | 498 ft |
| Latitude | 39.150349 |
|---|---|
| Longitude | -77.078251 |
| Timezone | New York (DST) |
| FIPS | 24031 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.9 yrs |
|---|---|
| Avg Household Size | 3.03 |
| Below Poverty | 3.8% ▼ 62% below avg |
| College Grads | 69.1% ▲ 78% above avg |
| Unemployment | 4.0% ▼ 19% below avg |
| No HS Diploma | 291 (1.8%) |
| HS Graduate | 2,069 (13%) |
| Some College | 973 (6.1%) |
| Associates | 1,575 (9.9%) |
| Bachelors | 1,001 (6.3%) |
| Graduate Degree | 9,975 (62.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $166,892 ▲ 119% above avg ↑ 22% since 2019 |
|---|---|
| Median Home Value | $601,300 ▲ 116% above avg ↑ 26% since 2019 |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $2,429/mo ↑ 28% since 2019 |
| Total Units | 8,581 |
| Vacant Units | 157 |
| Avg HH Size | 3.03 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,581 |
|---|---|
| Vacant | 157 |
| Owner Occupied | 86.1% |
| Renter Occupied | 13.9% |
| Avg HH Size | 3.03 |
ZIP code 20832 is located in Olney, Maryland, within Montgomery County. With a population of 25,766, this is a moderately populated ZIP code with a middle-aged community — the median age is 40.9 years. Economically, 20832 is a affluent ZIP code: the median household income of $166,892 is more than double the national average.
Real estate in ZIP code 20832 represents a premium housing market. The median home value of $601,300 is more than double the national average. Renters can expect to pay around $2,429 per month in median rent. Homeownership is strong here — 86.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 26% since 2019.
The population of 20832 is majority White (55.95%). Residents are highly educated — 69.1% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 3.8%. Household income has grown by 22% since 2019.
The unemployment rate in 20832 stands at 4.0%, which is below the national average. About 25% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 62%.
Overall, ZIP code 20832 in Olney, MD is characterized as affluent, highly educated, a middle-aged community, and predominantly owner-occupied. With 25,766 residents, a median household income of $166,892, and a median home value of $601,300, it offers a clear picture of life in this part of Maryland.