US ZIP Code 20724 Employment Sector Statistics (2024)
Workforce distribution by employment sector for US ZIP Code 20724
Employment Indicators for US ZIP Code 20724 (2024)
Total Employed
10,965
Civilian 16+
Private For-Profit
63.3 %
Largest Sector
Self-Employed
3.9%
Entrepreneurship
Government
22.5%
Public Sector
US ZIP Code 20724 Workforce by Sector & Gender
US ZIP Code 20724 Employment Sector Breakdown
| Sector | Total Workers | Percentage |
|---|---|---|
| Private For-Profit | 6,940 | 63.3% |
| Government | 2,466 | 22.5% |
| Self-Employed | 426 | 3.9% |
| Private Non-Profit | 1,133 | 10.3% |
US ZIP Code 20724 Gender Ratio Analysis by Employment Sector (2024)
| Sector | Male:Female Ratio |
|---|---|
| Private For-Profit | 1.23:1 |
| Government | 0.72:1 |
| Self-Employed | 2.70:1 |
US ZIP Code 20724 Employment Trends (2021–2024)
US ZIP Code 20724 Historical Employment Sector Trends
| Year | Private | Gov | Self-Emp | Non-Profit |
|---|---|---|---|---|
| 2024 | 63.3% | 22.5% | 3.9% | 10.3% |
| 2023 | 62.6% | 23.3% | 4.1% | 10.1% |
| 2022 | 64.0% | 22.2% | 2.7% | 11.0% |
| 2021 | 65.4% | 22.1% | 3.0% | 9.5% |
Employment Sector FAQs for US ZIP Code 20724
The largest employment sector in US ZIP Code 20724 is Private For-Profit, which employs 63.3% of the local workforce.
There are approximately 10,965 civilian workers aged 16 and over currently employed in US ZIP Code 20724.
In the private for-profit sector, the male-to-female ratio is 1.23:1. This metric helps highlight gender participation across the most prominent industry classes.
Yes, the non-profit sector is notable in US ZIP Code 20724, accounting for 10.3% of all workers.
Since 2021, the total number of workers in US ZIP Code 20724 has shown an increase, moving from 9,808 to 10,965 according to Census Bureau records.