Living in Chevy Chase Section Three, Maryland
Cost of living, income, home prices, rent and demographics of Chevy Chase Section Three · Census data 2020–2024
Chevy Chase Section Three has 887 residents with a median age of 41.5. The median household income is $250,001 (141% higher than the Maryland median), the median home value is $1,605,600, the median rent is $3,501/month.
Chevy Chase Section Three is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Chevy Chase Section Three at a glance
- Population
- 887
- Median age
- 41.5State: 39.4
- Median household income
- $250,001State: $103,678
- Median home value
- $1,605,600State: $419,900
- Median rent
- $3,501/moState: $1,705
- Homeowners
- 95.8%
- Bachelor's degree or higher
- 94.9%
- Average commute
- 34 min
Is Chevy Chase Section Three a good place to live?
Pros: Median household income 141% higher than the Maryland median; unemployment of 0.5%; a poverty rate of 2.9%.
Cons: Home values 282% higher than the state median; an average commute of 34 minutes.
The weather is best in May–June and September–October.
Cost of living in Chevy Chase Section Three
Housing is the biggest part of the cost of living. In Chevy Chase Section Three the median home value is $1,605,600, 383% higher than the U.S. median. Renters pay a median of $3,501 per month, which is 14.4% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Chevy Chase Section Three median household income
The median household income in Chevy Chase Section Three is $250,001 and the income per person is $140,106. 2.9% of residents live below the poverty line (Maryland: 9.4%).
Housing in Chevy Chase Section Three: homes for sale and rent
- Housing units
- 267
- Owner-occupied
- 95.8%
- Renter-occupied
- 4.2%
- Vacant
- 0.7%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 3.35
Chevy Chase Section Three demographics
- Population
- 887
- Median age
- 41.5
- Under 18
- 36.4%
- 65 and older
- 15.8%
- Households
- 265
- Foreign-born
- 7.4%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Chevy Chase Section Three ›
Education in Chevy Chase Section Three
94.9% of adults 25 and older in Chevy Chase Section Three have a bachelor's degree or higher (Maryland: 43.4%), and 65% have a graduate or professional degree.
Jobs and commute in Chevy Chase Section Three
- Unemployment rate
- 0.5%State: 4.9%
- Average commute
- 34 minState: 31 min
- Work from home
- 43.2%
- Drive alone
- 47.6%
- Public transit
- 2.4%
- Walk to work
- 1.1%
- Homes with broadband
- 100%
Chevy Chase Section Three vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| 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 Section Five | 803 | $250,001 | $1,643,100 | $3,501 |
| Chevy Chase | 2,906 | $250,001 | $1,670,600 | $3,501 |
| Chevy Chase Village | 1,903 | $250,001 | $2,000,001 | $3,501 |
| Chevy Chase | 9,445 | $211,765 | $1,245,000 | $3,501 |
| Friendship Heights Village | 4,002 | $119,384 | $484,300 | $2,289 |
| Somerset | 1,088 | $250,001 | $1,775,000 | $3,501 |
| North Chevy Chase | 746 | $250,001 | $1,212,500 | $3,472 |
More for people moving to Chevy Chase Section Three
Chevy Chase Section Three ZIP code ›Weather and climate ›Living in Chevy Chase Section Three: FAQ
What is the median household income in Chevy Chase Section Three, MD?
The median household income in Chevy Chase Section Three 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 Three?
The median home value in Chevy Chase Section Three is $1,605,600, compared with $419,900 in Maryland.
How much is rent in Chevy Chase Section Three?
The median gross rent in Chevy Chase Section Three is $3,501 per month, about 14.4% of household income.
Is Chevy Chase Section Three, MD a good place to live?
Pluses: median household income 141% higher than the Maryland median; unemployment of 0.5%; a poverty rate of 2.9%. Minuses: home values 282% higher than the state median; an average commute of 34 minutes.
What is the median age in Chevy Chase Section Three?
The median age in Chevy Chase Section Three is 41.5 years (Maryland: 39.4).
How long is the commute in Chevy Chase Section Three?
The average commute to work in Chevy Chase Section Three is 34 minutes; 43.2% of workers work from home.
What is the unemployment rate in Chevy Chase Section Three?
The unemployment rate in Chevy Chase Section Three is 0.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chevy Chase Section Three?
94.9% of adults in Chevy Chase Section Three 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.
Last updated: