240 Area Code

Median age: 38.31

Median age in Area Code 240 is 38.31 years. 11.24% of residents are aged 0-9. 10.07% of residents are aged 10-19. The percentage of residents in their twenties is 15.51. 17.03 % are in their thirties, 12.76% in their fourties, 12.79 % in their fifties, and 10.18 % in their sixties. 6.32 % of residents are in their seventies and 4.09 % are eighty and over.

51.49% are female
48.51% are male

48.51% of residents in Area Code 240 are male and 51.49% are female. 43.32% of residents are married and 11.62% are divorced. 39.93% have never been married. 5.13% are widowed. The average size of resident families is 3.18.

Median household income: 93,364.67
60.03% have two income earners
45.36% of households earn $100,000+

Median household income in Area Code 240 is $93,364.67 with 60.03% of families having two income earners. 45.36% of households earn at least $100,000. 2.38% of households have an income under $5,000, 2.14% from $5,000-$10,000, 2.65% from $10,000-$15,000, 2.71% from $15,000-$20,000, 2.89% from $20,000-$25,000, 5.74% from $25,000-$35,000, 8.65% from $35,000-$50,000, 14.55% from $50,000-$75,000, 12.93% from $75,000-$100,000, 19.49% from $100,000-$150,000 and 25.87% over $150,000. The median income of individuals is $49,156.34.

Median home value: $440,238.39
Median rent: $1,599.01
Rent burden: 30.07%

54.78% of households in Area Code 240 own (rather than rent) their residence. The median value of those homes is $440,238.39. The median rent paid by renters is $1,599.01 or 30.07% of the median renter's household income.

51.41% have a Science and Engineering degree

9.01% of residents in Area Code 240 have less than a high school education. 18.96% have a high school diploma but no more. 21.10% of residents have some college but no more. 24.47% have a bachelor's degree (or equivalent) but no more. 26.43% have a graduate degree. 51.41% have a Bachelor's degree or higher in a Science and Engineering (or related) field.

31.78 minutes of commute time

69.98% of residents in Area Code 240 16 and older are in the labor force. 4.80% of residents are unemployed. The median commute time of resident workers in Area Code 240 is 31.78 minutes.

14.45% report being Hispanic

52.37% of residents in Area Code 240 report their race as White. 27.03% report their race as Black or African American. 8.30% report their race as Asian. 0.33% report their race as American Indian and Alaska Native. 0.04% report their race as Native Hawaiian and Other Pacific Islander. 6.80% report their race as Some other race. 5.17% report their race as Two or more races. 14.45% report being Hispanic. Note: Hispanic is considered to be an ethnicity and not a race.

10.90% report a disability
5.12% speak limited English
6.58% have no health insurance
6.52% are veterans

10.90% of residents in Area Code 240 report a disability. 5.12% of residents only speak limited English. 6.58% of residents report not having health insurance. 6.52% of residents are veterans.

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