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Demographics
Population
Median Income
Racial Distributions
Zip code 20886 in Montgomery Village, Maryland, is categorized as a "High Diversity" area as of 2022. No single racial group exceeds 40% of the population, with at least three groups having significant representation (over 10% each). The Hispanic population is the largest at 36%, followed by White at 24%, Black at 22%, and Asian at 13%. The median income for 2022 was $90,237.
Montgomery Village has transitioned from "Moderate Diversity" to "High Diversity" over the past decade. In 2013, the area had "Moderate Diversity" with White (34%), Hispanic (28%), and Black (23%) populations each exceeding 20%. By 2022, the community had evolved into a "High Diversity" area with a more balanced distribution among racial groups.
The White population has steadily declined from 34% in 2013 to 24% in 2022, while the Hispanic population has grown from 28% to 36% during the same period. This shift indicates a "Transitional Community" status, with the Hispanic population showing a clear increasing trend. The Asian population has remained relatively stable between 11-14% throughout the decade. The Black population has seen a slight decrease from 23% to 22%.
The median income in Montgomery Village has shown fluctuations but an overall upward trend. In 2013, the median income was $89,594, which decreased to $84,514 in 2018 before rising to $97,361 in 2021. The 2022 figure of $90,237 represents a slight decrease but remains higher than a decade ago. The period of highest income growth (2019-2021) coincides with an acceleration in the Hispanic population's growth and a more rapid decline in the White population percentage.
The population has remained relatively stable over the decade, growing from 30,152 in 2013 to 30,782 in 2022, indicating a steady community with gradual demographic changes rather than rapid population shifts.
The demographic shifts observed in Montgomery Village align with broader trends seen in many suburban areas across the United States, particularly those near major metropolitan centers. The increasing diversity and growing Hispanic population reflect national trends of suburban diversification and the growth of minority populations in previously predominantly White areas.
The high median income of the area ($90,237 in 2022) is significantly above the national median household income (which was around $70,784 in 2021), indicating that Montgomery Village remains an affluent community despite its demographic changes. This suggests that the area has maintained its economic status while becoming more diverse.
The stability of the Asian population and the slight decrease in the Black population percentage, coupled with the growth of the Hispanic population, indicate a complex interplay of demographic factors that may be influenced by regional economic opportunities, housing patterns, and cultural preferences.
Montgomery Village presents a case study of transition to a highly diverse, economically stable community. The area's evolution from "Moderate Diversity" to "High Diversity" over the past decade, coupled with its maintained economic prosperity, suggests a dynamic and adaptable community that has embraced demographic change while preserving its economic strengths.