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Demographics
Population
Median Income
Racial Distributions
Zip code 20832 in Olney, Maryland, is classified as a "White Majority" community with moderate diversity as of 2022. The area has a population of 23,716 and a median income of $142,437. The racial composition consists of 57% White, 13% Asian, 13% Black, and 11% Hispanic residents.
Over the past decade, Olney has transitioned from a "White Majority" community towards increased diversity. In 2013, 63% of the population identified as white, decreasing to 57% by 2022. The percentages of Asian, Black, and Hispanic residents have increased, with notable growth in the Asian population (from 11% to 13%) and the Hispanic population (from 9% to 11%). The percentage of residents identifying as two or more races doubled from 3% to 6% during this period.
The demographic shifts in Olney have occurred alongside economic growth. The median income increased from $130,322 in 2013 to $142,437 in 2022, a 9.3% increase over the decade. The population remained relatively stable, increasing slightly from 23,170 in 2013 to 23,716 in 2022.
The trends observed in Olney align with broader national patterns of increasing diversity in suburban areas, particularly those near major metropolitan centers. The Washington D.C. metropolitan area, of which Olney is a part, has been experiencing similar demographic shifts towards greater diversity.
The high median income of Olney ($142,437 in 2022) is significantly above the national median household income (approximately $70,784 in 2021), indicating an affluent suburb. The area has maintained this high income level while increasing diversity, suggesting successful attraction of high-earning individuals from various racial and ethnic backgrounds.
Olney represents a transitional, affluent suburban community gradually moving from a "White Majority" status towards greater diversity. This shift, occurring alongside economic growth, reflects broader national trends of increasing suburban diversity, particularly in high-income areas near major cities. The community's ability to maintain its economic status while becoming more diverse could serve as a case study in suburban integration and economic development.