Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.2 yrs |
|---|---|
| Avg HH Size | 2.83 |
| Below Poverty | 3.7% ▼ 63% below avg |
| College Grads | 54.0% ▲ 39% above avg |
| Unemployment | 3.0% ▼ 40% below avg |
| No HS Diploma | 216 (2.5%) |
| HS Graduate | 1,863 (21.3%) |
| Some College | 776 (8.9%) |
| Associates | 1,170 (13.4%) |
| Bachelors | 627 (7.2%) |
| Graduate Degree | 4,097 (46.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $132,804 ▲ 74% above avg |
|---|---|
| Median Home Value | $478,300 ▲ 72% above avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $1,675/mo |
| Total Housing Units | 4,850 |
| Vacant Units | 225 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Damascus is a city in Maryland, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 13,138 residents. It is a middle-aged city, with a median age of 41.2 years.
Economically, Damascus is a upper-middle-income community. The median household income of $132,804 is significantly above the national average. Approximately 3.7% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.
The real estate market in Damascus is a premium housing market. Median home values stand at $478,300, which is significantly above the national average. Renters typically pay around $1,675 per month. Homeownership is high at 89.1%, typical of suburban and family-oriented communities.
The population of Damascus is well-educated. 54.0% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (62.86%).
Damascus, MD offers residents above-average earning potential within Maryland.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 20872 | 13,138 | $132,804 | $478,300 | $1,675 | 3.0% | 54.0% | 89.1% |