ZIP Code 20868 — Spencerville, MD

IRS Income Data, Tax Year 2022

$253,520
Average AGI
#528
National Rank
#10
MD State Rank
350
Tax Returns

Income Bracket Distribution

Percentage of tax returns in each AGI bracket for ZIP 20868.

$1 - $25,000
25.7%
$25,000 - $50,000
17.1%
$50,000 - $75,000
14.3%
$75,000 - $100,000
8.6%
$100,000 - $200,000
17.1%
$200,000 or more
17.1%

Detailed Bracket Data

Income Bracket Returns Total AGI Avg AGI in Bracket % of Returns
$1 - $25,000 90 $949,000 $10,544 25.7%
$25,000 - $50,000 60 $2,284,000 $38,066 17.1%
$50,000 - $75,000 50 $3,324,000 $66,480 14.3%
$75,000 - $100,000 30 $2,640,000 $88,000 8.6%
$100,000 - $200,000 60 $8,910,000 $148,500 17.1%
$200,000 or more 60 $70,625,000 $1,177,083 17.1%
Total 350 $88,732,000 $253,520 100%

Nearby Major Cities

Closest cities by distance with significant tax filing activity.

City Distance Avg AGI Tax Returns
Silver Spring, MD 7 mi $91,618 54,000
Columbia, MD 8 mi $104,172 50,690
Rockville, MD 9 mi $123,358 74,230
Darnestown, MD 14 mi $110,200 65,640
Washington, DC 15 mi $132,129 342,610
Arlington, VA 18 mi $156,473 127,320

Similar ZIP Codes in Maryland

ZIP Code City Avg AGI Nat. Rank
21723 Cooksville $249,795 #537
21794 West Friendship $258,252 #500
21029 Clarksville $242,414 #575
20759 Fulton $267,255 #469
20814 Bethesda $239,647 #588
20777 Highland $237,614 #599
21111 Hereford $237,236 #600
21131 Jacksonville $236,671 #604

Nearby ZIP Codes

Closest ZIP codes by geographic distance.

ZIP Code City Distance Avg AGI Nat. Rank
20905 Colesville, MD 1.9 mi $118,266 #3,037
20866 Burtonsville, MD 2.3 mi $83,676 #7,705
20861 Ashton, MD 2.3 mi $173,899 #1,237
20777 Highland, MD 3.5 mi $237,614 #599
20759 Fulton, MD 3.6 mi $267,255 #469
20904 Colesville, MD 4.1 mi $79,875 #8,838
20860 Sandy Spring, MD 4.1 mi $190,000 #1,002
20862 Brinklow, MD 4.5 mi $197,877 #910

About This Data

Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 403 ZIP codes in Maryland and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.