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 High-density area
- $146,058
- Median income Above-median income area
- $494,500
- Median home value Above-median home value
- 34.7%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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 covers 5.0 square miles in Cheltenham, Prince George's County, Maryland (a standard USPS delivery area), with a modest 2,744 residents on file, a density of 550 people per square mile, in the New York time zone.
ZIP 20623 skews affluent, with a median household income of $146,058 (28% above the average Maryland ZIP), while per-capita income is $62,027. Both reported hardship measures are comparatively low in absolute terms: poverty is 0.7% and unemployment is 3.4%. Median home value is $494,500 (11% above the average Maryland ZIP); 93.2% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 34.7% of adults hold a bachelor's degree or higher, the median age is 50.5, and the average commute is 46 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Prince George's County, so 20623 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$62,027
Per Capita Income
0.7%
Poverty Rate
3.4%
Unemployment Rate
45.5 min
Mean Commute Time
How ZIP 20623 ranks among Maryland ZIPs
Cheltenham, MD household income vs. every Maryland ZIP code
Median household income among 419 reporting Maryland ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$146,058 Top 21% higher than 79% of 419 Maryland ZIPs
Each bar is a $20K-wide band; taller bars hold more Maryland 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?
Housing stock: occupied vs vacant
917housing units
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 ZIP avg
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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 20623, both outside MD so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (2,744 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Prince George's County
Related Areas
Frequently Asked Questions
What county is ZIP code 20623 in?
ZIP code 20623 (Cheltenham) is located in Prince George's County, Maryland. Prince George's County contains multiple ZIP codes, see the full list at /counties/prince-georges-md.
What is the population of ZIP code 20623?
ZIP code 20623 in Cheltenham, MD has a population of 2,744 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 20623?
The median household income in ZIP 20623 is $146,058, which is 91% above the national average of $76,288.
What is the average home value in ZIP 20623?
The median home value in ZIP 20623 is $494,500, which is 78% above the national average of $278,155.
What is the demographic makeup of ZIP 20623?
The largest racial group in ZIP 20623 is African American at 78.6%. Hispanic or Latino residents make up 7.5% of the population.
How many businesses are in ZIP code 20623?
ZIP code 20623 has 14 business establishments employing approximately 33 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 20623?
According to the FHFA House Price Index, home values in ZIP 20623 increased by 7.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 160%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 20623?
In ZIP code 20623, 58.7% of residents aged 25+ have a high school diploma or higher, and 34.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 20623?
The mean commute time for workers in ZIP code 20623 is 45.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 20623?
In ZIP code 20623, approximately 93.2% of occupied housing units are owner-occupied and 6.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 20623?
The poverty rate in ZIP code 20623 is 0.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 20623's numbers, next.
- See how ZIP 20623 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Cheltenham, MD ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.