Silver Spring, MD · standard
ZIP Code 20906
Montgomery County, Maryland - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 64,696
- 2,069/sq mi High-density area
- $97,521
- Median income Above-median income area
- $455,800
- Median home value Above-median home value
- 42.5%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Silver Spring pairs an upper-quartile household income with upper-quartile home values, in a suburban-density, homeowner-dominated and unusually populous area.
- Top 21%
- household income, US ZIPs
- Top 16%
- home value, US ZIPs
- 2,069
- people per sq mi
- 66%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 20906 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 20906 (Silver Spring, MD) rose +1.4% from 2023 to 2024. The all-transactions index moved from 272.1 in 2023 to 276.0 in 2024 (2000 = 100).
ZIP code 20906 is a densely settled ZIP (a standard USPS delivery area) in Silver Spring, Montgomery County, Maryland, with 64,696 residents across 31.3 square miles, a density of 2,069 people per square mile, in the New York time zone.
ZIP 20906 lands in the middle-income range, with a median household income of $97,521 (15% below the average Maryland ZIP), while per-capita income is $45,680. The poverty rate is 9.4%, with unemployment at 7.5%; those measures add context to the income figure. Median home value is $455,800 (2% above the average Maryland ZIP) and median rent is $1,963; 66.4% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 42.5% of adults hold a bachelor's degree or higher, the median age is 41.2, and the average commute is 35 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Montgomery County, so 20906 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 20906
Top 5 sectors by establishment count in Silver Spring, MD
Which industries have the most business establishments in ZIP 20906.
- Construction
Construction
148 establishments
- Health care and social assistance
Health care and social assistance
122 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
88 establishments
- Accommodation and food services
Accommodation and food services
73 establishments
- Other services (except public administration)
Other services (except public administration)
73 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 20906, Silver Spring, 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
64,696
Population
31.3
Area (sq mi)
2,069
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 20906?
41.2
Median Age
47.8%
Male
52.2%
Female
42.3%
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?
$97,521
Median Household Income
-15% vs state ZIP avg
$45,680
Per Capita Income
9.4%
Poverty Rate
7.5%
Unemployment Rate
34.9 min
Mean Commute Time
How ZIP 20906 ranks nationally
Silver Spring, MD household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$97,521 Top 21% higher than 79% 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?
Housing stock: occupied vs vacant
27,291housing units
27,291
Total Housing Units
25,958
Occupied Units
1,333
Vacant Units
2.70
Avg Household Size
Occupancy Type
$455,800
Median Home Value
+2% vs state ZIP avg
$1,963
Median Rent
1977
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
+1.4%
YoY Change (2024)
276
HPI Index (2000 = 100)
+176%
Total Change Since 2000
Home values in ZIP 20906 have increased 1.4% over the past year (2024). Since 2000, this ZIP has seen +176% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.1% | 211 |
| 2021 | +9.1% | 230 |
| 2022 | +9.1% | 251 |
| 2023 | +8.4% | 272 |
| 2024 | +1.4% | 276 |
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 772 business establishments in ZIP 20906, employing approximately 7,233 people with a combined annual payroll of $297,449,000.
772
Businesses
7,233
Employees
$297.4M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 148 | 19.2% |
| Health care and social assistance | 122 | 15.8% |
| Professional, scientific, and technical services | 88 | 11.4% |
| Accommodation and food services | 73 | 9.5% |
| Other services (except public administration) | 73 | 9.5% |
| Retail trade | 71 | 9.2% |
| Administrative and support and waste management and remediation services | 61 | 7.9% |
| Finance and insurance | 38 | 4.9% |
| Real estate and rental and leasing | 31 | 4.0% |
| Transportation and warehousing | 21 | 2.7% |
| Information | 13 | 1.7% |
| Wholesale trade | 10 | 1.3% |
| Arts, entertainment, and recreation | 9 | 1.2% |
| Educational services | 8 | 1.0% |
| Manufacturing | 5 | 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 20906 vs 20853 →
ZIP 20906 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
- 20904
Silver Spring (20904)
54,612 residents
- 20902
Silver Spring (20902)
48,841 residents
- 20852
Rockville (20852)
40,365 residents
- 20853
Rockville (20853)
29,673 residents
- 20832 24,965
Olney (20832)
24,965 residents
- 20895 19,054
Kensington (20895)
19,054 residents
- 20905 18,044
Silver Spring (20905)
18,044 residents
- 20851 14,191
Rockville (20851)
14,191 residents
What this shows Among its immediate neighbors, ZIP 20906 ranks the most populous - useful context the national average alone can't give.
ZIP 20906 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 20896
Garrett Park (20896)
$250,000 median income
- 20895
Kensington (20895)
$173,625 median income
- 20832
Olney (20832)
$168,524 median income
- 20905
Silver Spring (20905)
$159,740 median income
- 20853
Rockville (20853)
$159,080 median income
- 20851
Rockville (20851)
$126,411 median income
- 20852
Rockville (20852)
$122,472 median income
- 20902
Silver Spring (20902)
$114,486 median income
- 20906 $97,521
Silver Spring (20906)
$97,521 median income
What this shows By household income, ZIP 20906 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 20853 | Rockville, MD | 29,673 | 2.3 mi |
| 20902 | Silver Spring, MD | 48,841 | 3.1 mi |
| 20851 | Rockville, MD | 14,191 | 3.5 mi |
| 20832 | Olney, MD | 24,965 | 4.5 mi |
| 20895 | Kensington, MD | 19,054 | 4.3 mi |
| 20896 | Garrett Park, MD | 906 | 4.0 mi |
| 20905 | Silver Spring, MD | 18,044 | 3.8 mi |
| 20860 | Sandy Spring, MD | 2,396 | 4.5 mi |
| 20904 | Silver Spring, MD | 54,612 | 4.4 mi |
| 20852 | Rockville, MD | 40,365 | 4.4 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 20906, 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 (64,696 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 20906 in?
ZIP code 20906 (Silver Spring) 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 20906?
ZIP code 20906 in Silver Spring, MD has a population of 64,696 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 20906?
The median household income in ZIP 20906 is $97,521, which is 28% above the national average of $76,288.
What is the average home value in ZIP 20906?
The median home value in ZIP 20906 is $455,800, which is 64% above the national average of $278,155.
What is the demographic makeup of ZIP 20906?
The largest racial group in ZIP 20906 is White at 26.9%. Hispanic or Latino residents make up 31.9% of the population.
How many businesses are in ZIP code 20906?
ZIP code 20906 has 772 business establishments employing approximately 7,233 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 20906?
The top industries by establishment count in ZIP 20906 are: Construction (148), Health care and social assistance (122), Professional, scientific, and technical services (88). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 20906?
According to the FHFA House Price Index, home values in ZIP 20906 increased by 1.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 176%. 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 20906?
In ZIP code 20906, 65.7% of residents aged 25+ have a high school diploma or higher, and 42.5% 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 20906?
The mean commute time for workers in ZIP code 20906 is 34.9 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 20906?
In ZIP code 20906, approximately 66.4% of occupied housing units are owner-occupied and 33.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 20906?
The poverty rate in ZIP code 20906 is 9.4% 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 20906's numbers, next.
- See how ZIP 20906 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Silver Spring, 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.