Olney, MD · standard
ZIP Code 20832
Montgomery County, Maryland - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 24,965
- 957/sq mi High-density area
- $168,524
- Median income Above-median income area
- $627,000
- Median home value Above-median home value
- 63.8%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Olney pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 2%
- household income, US ZIPs
- Top 8%
- home value, US ZIPs
- 957
- people per sq mi
- 87%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 20832 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 20832 (Olney, MD) rose +2.6% from 2023 to 2024. The all-transactions index moved from 255.8 in 2023 to 262.4 in 2024 (2000 = 100).
ZIP code 20832 is a densely settled ZIP (a standard USPS delivery area) in Olney, Montgomery County, Maryland, with 24,965 residents across 26.1 square miles, a density of 957 people per square mile, in the New York time zone.
ZIP 20832 skews affluent, with a median household income of $168,524 (48% above the average Maryland ZIP), while per-capita income is $66,830. Both reported hardship measures are comparatively low in absolute terms: poverty is 4.3% and unemployment is 3.6%. Housing is both higher-cost and owner-heavy: median home value is $627,000 (40% above the average Maryland ZIP), while 86.9% of occupied homes are owner-occupied and median rent is $2,453.
This is a highly-educated ZIP: 63.8% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 32 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Montgomery County, so 20832 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 →
Top industries in ZIP 20832
Top 5 sectors by establishment count in Olney, MD
Which industries have the most business establishments in ZIP 20832.
- Health care and social assistance
Health care and social assistance
110 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
98 establishments
- Construction
Construction
53 establishments
- Accommodation and food services
Accommodation and food services
51 establishments
- Other services (except public administration)
Other services (except public administration)
49 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 20832, Olney, 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
24,965
Population
26.1
Area (sq mi)
957
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 20832?
41.0
Median Age
49.3%
Male
50.7%
Female
21.2%
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?
$168,524
Median Household Income
+48% vs state ZIP avg
$66,830
Per Capita Income
4.3%
Poverty Rate
3.6%
Unemployment Rate
32.0 min
Mean Commute Time
How ZIP 20832 ranks among Maryland ZIPs
Olney, 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)
$168,524 Top 12% higher than 88% 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
8,582housing units
8,582
Total Housing Units
8,411
Occupied Units
171
Vacant Units
3.01
Avg Household Size
Occupancy Type
$627,000
Median Home Value
+40% vs state ZIP avg
$2,453
Median Rent
1986
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
+2.6%
YoY Change (2024)
262
HPI Index (2000 = 100)
+162%
Total Change Since 2000
Home values in ZIP 20832 have increased 2.6% over the past year (2024). Since 2000, this ZIP has seen +162% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.3% | 206 |
| 2021 | +7.0% | 220 |
| 2022 | +16.1% | 256 |
| 2023 | +0.1% | 256 |
| 2024 | +2.6% | 262 |
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 552 business establishments in ZIP 20832, employing approximately 7,316 people with a combined annual payroll of $408,187,000.
552
Businesses
7,316
Employees
$408.2M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 110 | 19.9% |
| Professional, scientific, and technical services | 98 | 17.8% |
| Construction | 53 | 9.6% |
| Accommodation and food services | 51 | 9.2% |
| Other services (except public administration) | 49 | 8.9% |
| Retail trade | 41 | 7.4% |
| Administrative and support and waste management and remediation services | 40 | 7.3% |
| Finance and insurance | 36 | 6.5% |
| Real estate and rental and leasing | 19 | 3.4% |
| Educational services | 16 | 2.9% |
| Wholesale trade | 11 | 2.0% |
| Transportation and warehousing | 7 | 1.3% |
| Information | 7 | 1.3% |
| Arts, entertainment, and recreation | 6 | 1.1% |
| Manufacturing | 4 | 0.7% |
| Management of companies and enterprises | 4 | 0.7% |
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 20832 vs 20860 →
ZIP 20832 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 20906
Silver Spring (20906)
64,696 residents
- 20853
Rockville (20853)
29,673 residents
- 20832 24,965
Olney (20832)
24,965 residents
- 20879 24,360
Gaithersburg (20879)
24,360 residents
- 20905 18,044
Silver Spring (20905)
18,044 residents
- 20855 14,295
Derwood (20855)
14,295 residents
- 20833 7,735
Brookeville (20833)
7,735 residents
- 20860 2,396
Sandy Spring (20860)
2,396 residents
- 20861 1,875
Ashton (20861)
1,875 residents
What this shows Among its immediate neighbors, ZIP 20832 ranks #3 by population - useful context the national average alone can't give.
ZIP 20832 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 20833
Brookeville (20833)
$204,375 median income
- 20862
Brinklow (20862)
$189,667 median income
- 20832
Olney (20832)
$168,524 median income
- 20861
Ashton (20861)
$163,438 median income
- 20905
Silver Spring (20905)
$159,740 median income
- 20853
Rockville (20853)
$159,080 median income
- 20855
Derwood (20855)
$149,110 median income
- 20880
Washington Grove (20880)
$134,583 median income
- 20879
Gaithersburg (20879)
$112,104 median income
What this shows By household income, ZIP 20832 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 20860 | Sandy Spring, MD | 2,396 | 2.4 mi |
| 20833 | Brookeville, MD | 7,735 | 3.8 mi |
| 20853 | Rockville, MD | 29,673 | 3.6 mi |
| 20855 | Derwood, MD | 14,295 | 3.3 mi |
| 20861 | Ashton, MD | 1,875 | 4.0 mi |
| 20906 | Silver Spring, MD | 64,696 | 4.5 mi |
| 20862 | Brinklow, MD | 343 | 3.6 mi |
| 20880 | Washington Grove, MD | 450 | 5.5 mi |
| 20905 | Silver Spring, MD | 18,044 | 5.1 mi |
| 20879 | Gaithersburg, MD | 24,360 | 5.7 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 20832, 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 (24,965 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Montgomery County
Related Areas
Frequently Asked Questions
What county is ZIP code 20832 in?
ZIP code 20832 (Olney) is located in Montgomery County, Maryland. Montgomery County contains multiple ZIP codes, see the full list at /counties/montgomery-md.
What is the population of ZIP code 20832?
ZIP code 20832 in Olney, MD has a population of 24,965 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 20832?
The median household income in ZIP 20832 is $168,524, which is 121% above the national average of $76,288.
What is the average home value in ZIP 20832?
The median home value in ZIP 20832 is $627,000, which is 125% above the national average of $278,155.
What is the demographic makeup of ZIP 20832?
The largest racial group in ZIP 20832 is White at 58.3%. Hispanic or Latino residents make up 12.1% of the population.
How many businesses are in ZIP code 20832?
ZIP code 20832 has 552 business establishments employing approximately 7,316 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 20832?
The top industries by establishment count in ZIP 20832 are: Health care and social assistance (110), Professional, scientific, and technical services (98), Construction (53). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 20832?
According to the FHFA House Price Index, home values in ZIP 20832 increased by 2.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 162%. 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 20832?
In ZIP code 20832, 76.2% of residents aged 25+ have a high school diploma or higher, and 63.8% 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 20832?
The mean commute time for workers in ZIP code 20832 is 32.0 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 20832?
In ZIP code 20832, approximately 86.9% of occupied housing units are owner-occupied and 13.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 20832?
The poverty rate in ZIP code 20832 is 4.3% 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 20832's numbers, next.
- See how ZIP 20832 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Olney, MD ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.