Living in Chevy Chase Section Five, Maryland
Cost of living, income, home prices, rent and demographics of Chevy Chase Section Five · Census data 2020–2024
Chevy Chase Section Five has 803 residents with a median age of 44.2. The median household income is $250,001 (141% higher than the Maryland median), the median home value is $1,643,100, the median rent is $3,501/month.
Chevy Chase Section Five is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Chevy Chase Section Five at a glance
- Population
- 803
- Median age
- 44.2State: 39.4
- Median household income
- $250,001State: $103,678
- Median home value
- $1,643,100State: $419,900
- Median rent
- $3,501/moState: $1,705
- Homeowners
- 89.4%
- Bachelor's degree or higher
- 96.4%
- Average commute
- 22 min
Is Chevy Chase Section Five a good place to live?
Pros: Median household income 141% higher than the Maryland median; an average commute of 22 minutes; unemployment of 0.7%; a poverty rate of 2.4%.
Cons: Home values 291% higher than the state median.
The weather is best in May–June and September–October.
Cost of living in Chevy Chase Section Five
Housing is the biggest part of the cost of living. In Chevy Chase Section Five the median home value is $1,643,100, 394% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 44.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Chevy Chase Section Five median household income
The median household income in Chevy Chase Section Five is $250,001 and the income per person is $158,563. 2.4% of residents live below the poverty line (Maryland: 9.4%).
Housing in Chevy Chase Section Five: homes for sale and rent
- Housing units
- 279
- Owner-occupied
- 89.4%
- Renter-occupied
- 10.6%
- Vacant
- 1.8%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.93
Chevy Chase Section Five demographics
- Population
- 803
- Median age
- 44.2
- Under 18
- 27%
- 65 and older
- 17.7%
- Households
- 274
- Foreign-born
- 9.8%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Chevy Chase Section Five ›
Education in Chevy Chase Section Five
96.4% of adults 25 and older in Chevy Chase Section Five have a bachelor's degree or higher (Maryland: 43.4%), and 69.8% have a graduate or professional degree.
Jobs and commute in Chevy Chase Section Five
- Unemployment rate
- 0.7%State: 4.9%
- Average commute
- 22 minState: 31 min
- Work from home
- 33.9%
- Drive alone
- 56%
- Public transit
- 4.4%
- Walk to work
- 0.9%
- Homes with broadband
- 96.7%
Chevy Chase Section Five vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chevy Chase Section Five | 803 | $250,001 | $1,643,100 | $3,501 |
| Chevy Chase Section Three | 887 | $250,001 | $1,605,600 | $3,501 |
| Martin's Additions | 1,012 | $250,001 | $1,535,200 | $2,303 |
| Chevy Chase | 2,906 | $250,001 | $1,670,600 | $3,501 |
| Chevy Chase | 9,445 | $211,765 | $1,245,000 | $3,501 |
| Chevy Chase Village | 1,903 | $250,001 | $2,000,001 | $3,501 |
| North Chevy Chase | 746 | $250,001 | $1,212,500 | $3,472 |
| Friendship Heights Village | 4,002 | $119,384 | $484,300 | $2,289 |
| Somerset | 1,088 | $250,001 | $1,775,000 | $3,501 |
More for people moving to Chevy Chase Section Five
Chevy Chase Section Five ZIP code ›Weather and climate ›Living in Chevy Chase Section Five: FAQ
What is the median household income in Chevy Chase Section Five, MD?
The median household income in Chevy Chase Section Five is $250,001, 141% higher than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chevy Chase Section Five?
The median home value in Chevy Chase Section Five is $1,643,100, compared with $419,900 in Maryland.
How much is rent in Chevy Chase Section Five?
The median gross rent in Chevy Chase Section Five is $3,501 per month, about 44.2% of household income.
Is Chevy Chase Section Five, MD a good place to live?
Pluses: median household income 141% higher than the Maryland median; an average commute of 22 minutes; unemployment of 0.7%; a poverty rate of 2.4%. Minuses: home values 291% higher than the state median.
What is the median age in Chevy Chase Section Five?
The median age in Chevy Chase Section Five is 44.2 years (Maryland: 39.4).
How long is the commute in Chevy Chase Section Five?
The average commute to work in Chevy Chase Section Five is 22 minutes; 33.9% of workers work from home.
What is the unemployment rate in Chevy Chase Section Five?
The unemployment rate in Chevy Chase Section Five is 0.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chevy Chase Section Five?
96.4% of adults in Chevy Chase Section Five have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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