US ZIP Code
20906

Silver Spring, MD

Montgomery County  ·  Maryland

● Active
👥 71,216 Population
💰 $92,964 Median HH Income
▲ 22% above avg ↑ 22% since 2019
🎂 40.0 Median Age
🏠 $440,600 Median Home Value
▲ 58% above avg ↑ 28% since 2019
🎓 52.2% College Grads
▲ 35% above avg
📊 7.6% Unemployment
▲ 55% above avg ↑ 40% since 2019
ZIP Code Details
ZIP Code20906
CitySilver Spring
StateMaryland (MD)
CountyMontgomery County
Area Code227/240/301
Elevation414 ft
Latitude39.087235
Longitude-77.054952
TimezoneNew York (DST)
FIPS24031
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.9% (34,810) Female 51.1% (36,406) ♀

Race & Ethnicity

White: 25.6%Hispanic: 32.1%Black: 24.6%Asian: 11.4%Other: 4.2%Race
White25.6%
Hispanic32.1%
Black24.6%
Asian11.4%
Other4.2%

Age Breakdown

Under 5
6%
5–17
16%
18–24
8%
25–44
25%
45–64
24%
65+
7%

Key Indicators

Median Age40.0 yrs
Avg Household Size2.69
Below Poverty8.9% ▼ 11% below avg
College Grads52.2% ▲ 35% above avg
Unemployment7.6% ▲ 55% above avg
No HS Diploma1,190 (2.7%)
HS Graduate11,630 (26.8%)
Some College3,033 (7%)
Associates4,879 (11.2%)
Bachelors3,448 (7.9%)
Graduate Degree19,197 (44.3%)

Education

No HS: 2.7%HS Grad: 26.8%Some College: 7%Associates: 11.2%Bachelors: 7.9%Graduate: 44.3%Edu
No HS2.7%
HS Grad26.8%
Some College7.0%
Associates11.2%
Bachelors7.9%
Graduate44.3%
Housing & Income

Housing Tenure

Owner: 66.8%Renter: 33.2%Tenure
Owner66.8%
Renter33.2%

Home Value Distribution

Under $50k
2%
$50k–100k
2%
$100k–150k
3%
$150k–200k
4%
$200k–300k
14%
$300k–500k
40%
Over $500k
35%

Financials

Median HH Income$92,964 ▲ 22% above avg ↑ 22% since 2019
Median Home Value$440,600 ▲ 58% above avg ↑ 28% since 2019
Home/Income Ratio4.7x (nat avg ~3.5x)
Median Rent$1,945/mo ↑ 14% since 2019
Total Units27,423
Vacant Units1,181
Avg HH Size2.69

Income Distribution

Under $25k
13%
$25k–50k
12%
$50k–75k
14%
$75k–100k
13%
$100k–150k
19%
$150k–200k
11%
Over $200k
17%
Employment & Commute

How People Get to Work

Drove Alone
66%
Public Transit
14%
Walked
1%
Work From Home
19%

Commute Time

Under 15 min
9%
15–30 min
31%
30–45 min
28%
Over 45 min
32%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
15%
1960s–1970s
19%
1980s–1990s
8%
2000+
55%

Summary

Total Units27,423
Vacant1,181
Owner Occupied66.8%
Renter Occupied33.2%
Avg HH Size2.69
Frequently Asked Questions
ZIP code 20906 is in Silver Spring, MD, in Montgomery County.
ZIP code 20906 is located in Maryland (MD).
ZIP code 20906 is in Montgomery County, MD.
ZIP 20906 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 20906 is 71,216 people (ACS 2023).
The median household income in ZIP code 20906 is $92,964 (ACS 2023).
The median home value in ZIP 20906 is $440,600 (ACS 2023).
About ZIP Code 20906

ZIP code 20906 is located in Silver Spring, Maryland, within Montgomery County. With a population of 71,216, this is a densely populated ZIP code with a middle-aged community — the median age is 40 years. Economically, 20906 is a middle-income ZIP code: the median household income of $92,964 is above the national average.

Real estate in ZIP code 20906 represents a premium housing market. The median home value of $440,600 is significantly above the national average. Renters can expect to pay around $1,945 per month in median rent. Homeownership is strong here — 66.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 28% since 2019.

The population of 20906 is racially diverse, with Hispanic as the largest group at 32.1%. Residents are well-educated — 52.2% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 8.9%. Household income has grown by 22% since 2019.

The unemployment rate in 20906 stands at 7.6%, which is significantly above the national average. About 16% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 56%.

Overall, ZIP code 20906 in Silver Spring, MD is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 71,216 residents, a median household income of $92,964, and a median home value of $440,600, it offers a clear picture of life in this part of Maryland.