Fairwood, Maryland (zip code 20720) is categorized as a Black Majority community with a high median income. As of 2022, the Black population constitutes 68% of the area, establishing it as a Racial Majority. The median income of $148,299 in 2022 indicates an affluent community, significantly above the national average.

Over the past decade, Fairwood has consistently maintained its status as a Black Majority community. The Black population increased from 61% in 2013 to 68% in 2022, reinforcing its Racial Majority status. The White population decreased from 22% in 2013 to 14% in 2022. The Hispanic population has grown from 3% in 2015 to 8% in 2022. The Asian population has remained relatively stable, fluctuating between 5-9% throughout the decade. The "Two or More Races" category has shown growth from 2% in 2013 to 5% in 2022.

The median income in Fairwood has remained consistently high throughout the observed period, with some fluctuations. The median income has ranged from $138,562 (2014) to $152,453 (2019). There's been a slight upward trend in median income from $144,221 in 2020 to $148,299 in 2022. The population has grown steadily from 21,657 in 2013 to 25,820 in 2022, a 19% increase.