Chevy Chase Village Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Chevy Chase Village, Maryland? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Chevy Chase Village, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Chevy Chase Village is $250,001.00.

The chart below shows the average household income by age in Chevy Chase Village.

  • Under 25
    $0.00
  • 25 to 44
    $250,001.00
  • 45 to 64
    $250,001.00
  • 65 and over
    $250,001.00

Average Household Income

A very commonly asked question is "what is the average household income in Chevy Chase Village, Maryland?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Chevy Chase Village is $524,519.00.

76.39% of households in Chevy Chase Village, Maryland are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Chevy Chase Village but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Chevy Chase Village

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Chevy Chase Village, Maryland easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    0.73%
  • $25,000 to $49,999
    0.59%
  • $50,000 to $74,999
    1.76%
  • $75,000 to $99,999
    6.89%
  • $100,000 to $149,999
    7.77%
  • $150,000 to $199,999
    5.87%
  • $200,000 or more
    76.39%

Per Capita Income

The per capita income is the average income of all people in Chevy Chase Village, Maryland. This is calculated by dividing the total income of all people in Chevy Chase Village by the total number of people in Chevy Chase Village.

It differs from the average or mean household income because it includes all people in Chevy Chase Village and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Chevy Chase Village, Maryland is $191,804.00.

Population in Chevy Chase Village by Race and Ethnicity

The total population in Chevy Chase Village is currently 1,885 people.

The race and ethnicity of the population in Chevy Chase Village can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Chevy Chase Village, Maryland.

  • 2.20% White
    42
  • 96.90% Black/African American
    1,826
  • 90.70% Native
    1,709
  • 3.60% Hispanic
    68
  • 0.00% Asian
    0
  • 0.60% Hawaiian/Pacific Islander
    12
  • 0.00% Two or more races
    0
  • 1.20% Other
    23

Population of Chevy Chase Village by Age and Gender

Another very important demographics statistic for Chevy Chase Village, Maryland is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 106 84
10 to 19 Years 155 136
20 to 29 Years 53 23
30 to 39 Years 46 70
40 to 49 Years 114 131
50 to 59 Years 161 109
60 to 69 Years 95 133
70 Years and over 239 230

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Chevy Chase Village, Maryland.

  • Master's degree or higher
    44.27%
  • Bachelor's degree
    51.59%
  • Some college or associate's degree
    0.37%
  • High school diploma or equivalent
    1.83%
  • Less than high school diploma
    1.95%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Chevy Chase Village because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Chevy Chase Village look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Chevy Chase Village, Maryland that are over the age of 16.

The current population in Chevy Chase Village that are over the age of 16 is 1,501 people.

The unemployment rate in Chevy Chase Village is 2.50%, which means 22 people are unemployed.

Median Age in Chevy Chase Village

The median age is an interesting metric because it gives us an idea of the age distribution of people in Chevy Chase Village, Maryland. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Chevy Chase Village is 51 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Chevy Chase Village

51

Total

51.1

Male

50.9

Female

Households and Families

There are a total of 682 households in Chevy Chase Village, and the average household size is 2.76 people.

For families, the total number is 595, and the average family size is 2.96 people.

0.00% of those families in Chevy Chase Village, Maryland are living below the poverty line.

The table below shows the poverty thresholds for Chevy Chase Village in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Chevy Chase Village, Maryland for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 581 0 14 87
Average Household Size 2.98 0 3.14 1.24
Total Families 581 0 14 0
Average Household Size 2.96 0 2.86 0

Housing Data in Chevy Chase Village

There are total of 717 housing units in Chevy Chase Village, Maryland. Of those units, 682 (95.12%) are occupied, and 35 (4.88%) are vacant.

Rental Rates

Of the 717 housing units in Chevy Chase Village, 19 (2.65%) are occupied by renters. The median rent paid by renters is $3,475.00.

Owner occupied housing units make up the remaining 92.47% of housing units, with 663 housing units in total.

The table below breaks down how much rent is paid by renters in Chevy Chase Village, Maryland.

  • No rent paid
    0
  • Less than $500
    0
  • $500 to $999
    0
  • $1,000 to $1,499
    0
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    19

Property Values

The median value of a property in Chevy Chase Village is $2,000,001.00.

The table below breaks down the range of valuations for all properties in Chevy Chase Village.

  • Less than $50,000
    0
  • $50,000 to $99,999
    0
  • $100,000 to $149,999
    0
  • $150,000 to $199,999
    7
  • $200,000 to $299,999
    4
  • $300,000 to $499,999
    0
  • $500,000 to $999,999
    8
  • $1,000,000 or more
    644

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Chevy Chase Village, Maryland.

  • 1939 or earlier
    443
  • 1940 to 1949
    151
  • 1950 to 1959
    71
  • 1960 to 1969
    29
  • 1970 to 1979
    2
  • 1980 to 1989
    8
  • 1990 to 1999
    11
  • 2000 to 2009
    2
  • 2010 to 2013
    0
  • 2014 or later
    0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Chevy Chase Village has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    17
  • 1 vehicle available
    126
  • 2 vehicles available
    340
  • 3 or more vehicles available
    199

Commuting to Work in Chevy Chase Village

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Chevy Chase Village, Maryland, how they commute, and how that correlates to other data points.

The average travel time is 28.8 minutes, and the chart below covers the range of travel times across the population of Chevy Chase Village.

  • Less than 5 minutes
    4
  • 5 to 9 minutes
    32
  • 10 to 14 minutes
    35
  • 15 to 19 minutes
    61
  • 20 to 24 minutes
    88
  • 25 to 29 minutes
    67
  • 30 to 34 minutes
    140
  • 35 to 39 minutes
    19
  • 40 to 44 minutes
    46
  • 45 to 59 minutes
    86
  • 60 to 89 minutes
    30
  • 90 or more minutes
    0

We can also look at the means of transport in Chevy Chase Village to see which modes of transport people are using to commute to work.

  • Drove alone
    400
  • Carpooled
    65
  • Public transportation
    86
  • Walked
    21
  • Other means
    36
  • Worked from home
    256

Conclusion

Hopefully this article has given you the demographics data you were looking for in Chevy Chase Village, Maryland.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Chevy Chase Village.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Chevy Chase Village Average Income, Population and Demographics". NameCensus.com. Accessed on May 20, 2024. https://namecensus.com/demographics/maryland/montgomery-county/chevy-chase-village/.

  • "Chevy Chase Village Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/maryland/montgomery-county/chevy-chase-village/. Accessed 20 May, 2024

  • Chevy Chase Village Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/maryland/montgomery-county/chevy-chase-village/.