Living in Potomac, Maryland

Cost of living, income, home prices, rent and demographics of Potomac · Census data 2020–2024

Potomac has 45,902 residents with a median age of 47.4. The median household income is $236,675 (128% higher than the Maryland median), the median home value is $1,157,000, the median rent is $2,887/month.

Potomac at a glance

Population
45,902
Median age
47.4State: 39.4
Median household income
$236,675State: $103,678
Median home value
$1,157,000State: $419,900
Median rent
$2,887/moState: $1,705
Homeowners
84.8%
Bachelor's degree or higher
84.9%
Average commute
30 min

Is Potomac a good place to live?

Pros: Median household income 128% higher than the Maryland median; an average commute of 30 minutes; unemployment of 3.6%; a poverty rate of 3.9%.

Cons: Home values 176% higher than the state median.

The weather is best in May–June and August–September.

Cost of living in Potomac

Housing is the biggest part of the cost of living. In Potomac the median home value is $1,157,000, 248% higher than the U.S. median. Renters pay a median of $2,887 per month, which is 27.3% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.

Median home value

Potomac$1,157,000
Maryland$419,900
United States$332,700

Median monthly rent

Potomac$2,887
Maryland$1,705
United States$1,413

Potomac median household income

The median household income in Potomac is $236,675 and the income per person is $115,782. 3.9% of residents live below the poverty line (Maryland: 9.4%).

Median household income

Potomac$236,675
Maryland$103,678
United States$80,734

Housing in Potomac: homes for sale and rent

Housing units
16,796
Owner-occupied
84.8%
Renter-occupied
15.2%
Vacant
2.9%Includes seasonal homes
Median year built
1977
Average household size
2.79

Potomac demographics

Population
45,902
Median age
47.4
Under 18
23.3%
65 and older
24.2%
Households
16,316
Foreign-born
28.8%
Veterans
4.7%Adults 18+

Race and ethnicity

White60.8%
Hispanic or Latino10.1%
Black4.6%
Asian20.4%

Hispanic or Latino can be of any race. Population history of Potomac ›

Education in Potomac

84.9% of adults 25 and older in Potomac have a bachelor's degree or higher (Maryland: 43.4%), and 55.7% have a graduate or professional degree.

Bachelor's degree or higher

Potomac84.9%
Maryland43.4%
United States35.7%

Jobs and commute in Potomac

Unemployment rate
3.6%State: 4.9%
Average commute
30 minState: 31 min
Work from home
38.3%
Drive alone
51.2%
Public transit
2.4%
Walk to work
1.3%
Homes with broadband
97.8%

Potomac vs nearby towns

TownPopulationMedian incomeHome valueRent
Potomac45,902$236,675$1,157,000$2,887
Cabin John2,179$250,001$1,312,900$3,501
Glen Echo276$213,750$1,163,500—
North Bethesda49,677$129,092$731,800$2,191
Bethesda69,397$192,237$1,169,900$2,469
Travilah11,721$250,001$1,325,100$3,501
McLean49,627$250,001$1,412,700$3,422
Rockville67,671$128,649$682,300$2,274
Brookmont3,671$247,150$1,361,100$2,878

More for people moving to Potomac

Potomac ZIP code ›Weather and climate ›

Living in Potomac: FAQ

What is the median household income in Potomac, MD?

The median household income in Potomac is $236,675, 128% 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 Potomac?

The median home value in Potomac is $1,157,000, compared with $419,900 in Maryland.

How much is rent in Potomac?

The median gross rent in Potomac is $2,887 per month, about 27.3% of household income.

Is Potomac, MD a good place to live?

Pluses: median household income 128% higher than the Maryland median; an average commute of 30 minutes; unemployment of 3.6%; a poverty rate of 3.9%. Minuses: home values 176% higher than the state median.

What is the median age in Potomac?

The median age in Potomac is 47.4 years (Maryland: 39.4).

How long is the commute in Potomac?

The average commute to work in Potomac is 30 minutes; 38.3% of workers work from home.

What is the unemployment rate in Potomac?

The unemployment rate in Potomac is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Potomac?

84.9% of adults in Potomac 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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