Cheltenham, MD · standard
ZIP Code 20623
Prince George's County, Maryland — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 2,744
- 550/sq mi
- $146,058
- Median income
- $494,500
- Median home value
- 34.7%
- Bachelor's or higher
The verdict
Cheltenham pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 4%
- household income, US ZIPs
- Top 13%
- home value, US ZIPs
- 550
- people per sq mi
- 93%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 20623 against every reporting US ZIP.
ZIP code 20623 is classified by USPS as a standard delivery area and covers roughly 5.0 square miles in Cheltenham, Prince George's County, Maryland. The area is home to 2,744 residents, producing a population density of 550 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 20623 against Maryland and the nation.
On the economic side, the median household income for ZIP 20623 sits at $146,058 (28% above the Maryland average), while per-capita income is $62,027. The poverty rate stands at 0.7% and the unemployment rate at 3.4%. On housing, the median home value is $494,500 (11% above the state average) with median rent at — per month, and 93.2% of occupied units are owner-occupied, a direct signal of whether 20623 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 34.7% of adults hold a bachelor's degree or higher, the median age is 50.5, and the average commute is 46 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Prince George's County, so you can benchmark 20623 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 20623, Cheltenham, MD · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
2,744
Population
5.0
Area (sq mi)
550
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 20623?
50.5
Median Age
51.7%
Male
48.3%
Female
11.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$146,058
Median Household Income
+28% vs state
$62,027
Per Capita Income
0.7%
Poverty Rate
3.4%
Unemployment Rate
45.5 min
Mean Commute Time
How ZIP 20623 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$146,058 Top 4% higher than 96% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
917
Total Housing Units
917
Occupied Units
0
Vacant Units
2.97
Avg Household Size
Occupancy Type
$494,500
Median Home Value
+11% vs state
1996
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+7.7%
YoY Change (2024)
260
HPI Index (2000 = 100)
+160%
Total Change Since 2000
Home values in ZIP 20623 have increased 7.7% over the past year (2024). Since 2000, this ZIP has seen +160% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | +9.5% | 185 |
| 2020 | +1.5% | 187 |
| 2021 | +18.2% | 222 |
| 2022 | +7.7% | 239 |
| 2024 | — | 260 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 14 business establishments in ZIP 20623, employing approximately 33 people with a combined annual payroll of $1,157,000.
14
Businesses
33
Employees
$1.2M
Annual Payroll
2
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 4 | 28.6% |
| Professional, scientific, and technical services | 3 | 21.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 20623 vs 20735 →
ZIP 20623 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 20744
Fort Washington (20744)
50,722 residents
- 20774
Upper Marlboro (20774)
43,013 residents
- 20772
Upper Marlboro (20772)
42,625 residents
- 20747
District Heights (20747)
40,054 residents
- 20748
Temple Hills (20748)
38,792 residents
- 20735
Clinton (20735)
35,421 residents
- 20746
Suitland (20746)
28,838 residents
- 20601
Waldorf (20601)
24,156 residents
- 20613 11,860
Brandywine (20613)
11,860 residents
What this shows Among its immediate neighbors, ZIP 20623 ranks #0 by population — useful context the national average alone can't give.
ZIP 20623 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 20613
Brandywine (20613)
$151,422 median income
- 20623
Cheltenham (20623)
$146,058 median income
- 20772
Upper Marlboro (20772)
$139,403 median income
- 20774
Upper Marlboro (20774)
$128,259 median income
- 20735
Clinton (20735)
$126,196 median income
- 20744
Fort Washington (20744)
$124,190 median income
- 20601
Waldorf (20601)
$117,480 median income
- 20762
Andrews Air Force Base (20762)
$87,407 median income
- 20748
Temple Hills (20748)
$83,162 median income
What this shows By household income, ZIP 20623 ranks #2 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 20735 | Clinton, MD | 35,421 | 3.7 mi |
| 20613 | Brandywine, MD | 11,860 | 5.1 mi |
| 20762 | Andrews Air Force Base, MD | 2,973 | 4.9 mi |
| 20772 | Upper Marlboro, MD | 42,625 | 4.6 mi |
| 20601 | Waldorf, MD | 24,156 | 8.9 mi |
| 20744 | Fort Washington, MD | 50,722 | 8.0 mi |
| 20747 | District Heights, MD | 40,054 | 8.1 mi |
| 20746 | Suitland, MD | 28,838 | 7.8 mi |
| 20748 | Temple Hills, MD | 38,792 | 7.6 mi |
| 20774 | Upper Marlboro, MD | 43,013 | 9.8 mi |
More ZIP Codes in Prince George's County
Related Areas
Frequently Asked Questions
What county is ZIP code 20623 in? ▼
What is the population of ZIP code 20623? ▼
What is the median household income in ZIP 20623? ▼
What is the average home value in ZIP 20623? ▼
What is the demographic makeup of ZIP 20623? ▼
How many businesses are in ZIP code 20623? ▼
How have home values changed in ZIP code 20623? ▼
What is the education level in ZIP code 20623? ▼
What is the average commute time in ZIP 20623? ▼
What percentage of residents own vs. rent in ZIP 20623? ▼
What is the poverty rate in ZIP code 20623? ▼
ZIP Code Research Guides
Official Data Resources for Cheltenham, MD
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.