PlainZIP

Laurel, MD · standard

ZIP Code 20724

Anne Arundel County, Maryland - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

16,093
775/sq mi
$118,115
Median income
$426,100
Median home value
45.1%
Bachelor's or higher

The verdict

Laurel pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.

Top 10%
household income, US ZIPs
Top 18%
home value, US ZIPs
775
people per sq mi
61%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 20724 against every reporting US ZIP.

ZIP code 20724 is a mid-sized community (a standard USPS delivery area) in Laurel, Anne Arundel County, Maryland, home to 16,093 residents across 20.8 square miles, a density of 775 people per square mile, in the New York time zone.

ZIP 20724 skews affluent, with a median household income of $118,115 (3% above the Maryland average), while per-capita income is $52,634. 8.8% of residents live below the poverty line, and the unemployment rate reads 5.3%. Median home value sits at $426,100 (5% below the state average), median rent at $2,421 a month, and owner-occupancy at 61.0%.

A solid share of residents have a four-year degree: 45.1% of adults hold a bachelor's degree or higher, the median age is 36.1, and the average commute is 30 minutes. A geography-based comparison follows: 10 ZIP codes within about 10 miles of 20724, plus 6 more within Anne Arundel County, give a clearer read than the national average alone.

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 →

Top industries in ZIP 20724

Top 5 sectors by establishment count in Laurel, MD

Which industries have the most business establishments in ZIP 20724.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

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 20724, Laurel, 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

16,093

Population

20.8

Area (sq mi)

775

People / sq mi

New York

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 20724?

36.1

Median Age

47.9%

Male

52.1%

Female

24.7%

Foreign-Born

White 20.9%
African American 41.5%
Asian 8.8%
American Indian or Alaska Native 4.9%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 7.6%
Hispanic or Latino 27.2%

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?

$118,115

Median Household Income

+3% vs state

$52,634

Per Capita Income

8.8%

Poverty Rate

5.3%

Unemployment Rate

29.6 min

Mean Commute Time

How ZIP 20724 ranks nationally

Laurel, MD household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$118,115 Top 10% higher than 90% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 68.1%
Bachelor's Degree or Higher 45.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

7,627

Total Housing Units

7,414

Occupied Units

213

Vacant Units

2.61

Avg Household Size

Occupancy Type

Owner 61.0%
Renter 39.0%

$426,100

Median Home Value

-5% vs state

$2,421

Median Rent

1992

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

+8.9%

YoY Change (2024)

296

HPI Index (2000 = 100)

+196%

Total Change Since 2000

Home values in ZIP 20724 have increased 8.9% over the past year (2024). Since 2000, this ZIP has seen +196% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.1% 212
2021 +8.7% 230
2022 +11.5% 257
2023 +5.6% 271
2024 +8.9% 296

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 256 business establishments in ZIP 20724, employing approximately 3,745 people with a combined annual payroll of $171,305,000.

256

Businesses

3,745

Employees

$171.3M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Retail trade 45 17.6%
Professional, scientific, and technical services 33 12.9%
Accommodation and food services 29 11.3%
Construction 27 10.6%
Health care and social assistance 27 10.6%
Other services (except public administration) 22 8.6%
Administrative and support and waste management and remediation services 16 6.3%
Arts, entertainment, and recreation 16 6.3%
Real estate and rental and leasing 13 5.1%
Finance and insurance 7 2.7%
Wholesale trade 5 1.9%
Transportation and warehousing 5 1.9%
Manufacturing 4 1.6%
Information 4 1.6%

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 20724 vs 20701 →

ZIP 20724 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 20724 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 20724 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 20724 ranks #5 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
20701 Annapolis Junction, MD 2 2.0 mi
20763 Savage, MD 2,664 2.4 mi
20755 Fort George G Meade, MD 9,302 3.1 mi
20794 Jessup, MD 14,098 3.5 mi
20708 Laurel, MD 25,546 4.0 mi
20707 Laurel, MD 31,538 4.2 mi
20723 Laurel, MD 28,972 4.2 mi
21046 Columbia, MD 15,080 5.4 mi
20769 Glenn Dale, MD 6,604 7.5 mi
21045 Columbia, MD 38,288 7.4 mi

More ZIP Codes in Anne Arundel County

21122 standard
Pasadena, MD
Pop: 60,576
21061 standard
Glen Burnie, MD
Pop: 53,684
21401 standard
Annapolis, MD
Pop: 36,012
21144 standard
Severn, MD
Pop: 31,884
21113 standard
Odenton, MD
Pop: 30,469
21403 standard
Annapolis, MD
Pop: 30,269

Related Areas

Anne Arundel County Laurel, MD Maryland

Frequently Asked Questions

What county is ZIP code 20724 in? ▼
ZIP code 20724 (Laurel) is located in Anne Arundel County, Maryland. Anne Arundel County contains multiple ZIP codes, see the full list at /counties/anne-arundel-md.
What is the population of ZIP code 20724? ▼
ZIP code 20724 in Laurel, MD has a population of 16,093 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 20724? ▼
The median household income in ZIP 20724 is $118,115, which is 55% above the national average of $76,288.
What is the average home value in ZIP 20724? ▼
The median home value in ZIP 20724 is $426,100, which is 53% above the national average of $278,155.
What is the demographic makeup of ZIP 20724? ▼
The largest racial group in ZIP 20724 is African American at 41.5%. Hispanic or Latino residents make up 27.2% of the population.
How many businesses are in ZIP code 20724? ▼
ZIP code 20724 has 256 business establishments employing approximately 3,745 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 20724? ▼
The top industries by establishment count in ZIP 20724 are: Retail trade (45), Professional, scientific, and technical services (33), Accommodation and food services (29). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 20724? ▼
According to the FHFA House Price Index, home values in ZIP 20724 increased by 8.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 196%. 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 20724? ▼
In ZIP code 20724, 68.1% of residents aged 25+ have a high school diploma or higher, and 45.1% 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 20724? ▼
The mean commute time for workers in ZIP code 20724 is 29.6 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 20724? ▼
In ZIP code 20724, approximately 61.0% of occupied housing units are owner-occupied and 39.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 20724? ▼
The poverty rate in ZIP code 20724 is 8.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.