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Chevy Chase, Maryland Demographics & Population 2026

Highly Educated2nd highest bachelor's degree rate in Maryland

During the 2020–2024 ACS period, Chevy Chase, Maryland had a total population of 2,906, the 248th largest town in Maryland, with a median household income of $250,000+, which is 141% higher than the state average. The poverty rate is 2.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Chevy Chase Quick Facts

Population 2,906
Median Household Income $250,000+
Median Home Value $1,670,600
Poverty Rate 2.0%
Unemployment Rate 3.1%
Median Age 49.5 years
Homeownership Rate 93.7%
Affordability Ratio 6.7x
Bachelor's Degree or Higher 95.2%
High School Graduation Rate 99.4%
Diversity Index 33/100
Population 2,906 248th of 527
Median Income $250,000+ top 10%
Poverty Rate 2.0% 84% lower than national
Median Home Value $1,670,600 top 10%

How Chevy Chase Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,8842,906+0.8%
Median household income$250,000+$250,000++0.0%
Median home value$1,678,700$1,670,600-0.5%

How Chevy Chase Compares

Economy & Housing

Household Income Distribution

Under $25K 7.9%
$25K-$50K 2.0%
$50K-$100K 1.9%
$100K+ 88.2%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
0.0%
$15K-$20K
0.6%
$20K-$25K
4.2%
$25K-$30K
0.0%
$30K-$35K
0.5%
$35K-$40K
0.5%
$40K-$45K
1.0%
$45K-$50K
0.0%
$50K-$60K
1.1%
$60K-$75K
0.0%
$75K-$100K
0.8%
$100K-$125K
0.2%
$125K-$150K
3.4%
$150K-$200K
6.2%
$200K+
78.4%

Employment

3.1% Unemployment Rate State: 4.9%|National: 5.2%
65.0% Labor Force Participation

Housing Overview

Owner 93.7%
Renter 6.3%
Affordability Index Expensive
6.7x home value to income ratio
Median gross rent $3,501/mo 16.8% of median household income annually

People & Demographics

Diversity Index

33out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 68 | National average: 61

Education

Chevy Chase Rankings in Maryland

#248 Population of 527
#1 Median Income of 463
#5 Education of 527
#3 Home Value of 471

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Germantown 90,719 $117,546 8.8% $422,400
Silver Spring 81,462 $99,860 10.6% $643,300
Gaithersburg 69,825 $112,467 8.8% $496,500
Bethesda 69,397 $192,237 4.3% $1,169,900
Rockville 67,671 $128,649 7.6% $682,300
Aspen Hill 53,279 $111,575 9.7% $570,000
Wheaton 52,926 $111,478 13.1% $501,200
North Bethesda 49,677 $129,092 5.2% $731,800
Potomac 45,902 $236,675 3.9% $1,157,000
Olney 35,797 $171,458 4.3% $656,600

Cities Similar to Chevy Chase

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
University Park2,698$207,500$635,10073.9%2.1%
Huntingtown2,689$185,313$589,90042.2%5.3%
Brookmont3,671$247,150$1,361,10088.2%2.8%
Owings2,643$176,378$602,90050.7%1.2%
Gambrills2,830$148,594$584,80043.4%3.4%

Population Overview

Chevy Chase is a small community located in Maryland, within Montgomery County. The total population is 2,906. It ranks as the 248th most populous out of 527 Census-designated places in Maryland.

Age Demographics

The median age in Chevy Chase is 49.5 years. This is 26% higher than the state median of 39.4 years.

Economy, Income & Housing

The median household income in Chevy Chase is $250,000+. This is 141% higher than the state median of $103,678. It is also 210% higher than the national median of $80,734. The poverty rate stands at 2.0%. This is 79% lower than the state poverty rate of 9.4%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.1%. This is 37% lower than the state rate of 4.9%. The median home value is $1,670,600. Housing costs are 298% higher than the state median of $419,900. The home-value-to-income ratio of 6.7x suggests that housing affordability is a significant concern for many residents. 93.7% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 67.6%.

Race & Ethnicity

The largest racial or ethnic group in Chevy Chase is White (non-Hispanic), making up 81.0% of the population. Asian residents account for 4.8%. The White (non-Hispanic) population is significantly higher than the state average (81.0% vs 46.6%). The Black or African American population (0.2%) is well below the state average of 28.9%. The Hispanic or Latino population (4.4%) is well below the state average of 12.5%.

Education

95.2% of residents aged 25 and older hold a bachelor's degree or higher. This places Chevy Chase in the top 10% of all cities in the state for educational attainment. This is 119% higher than the state rate of 43.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.4%. Notably, 74.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Chevy Chase, Maryland is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Maryland state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 527 Census-designated places in Maryland. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Chevy Chase, Maryland?

Chevy Chase, Maryland has a population of 2,906 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chevy Chase, MD?

The median household income in Chevy Chase is $250,000+, which is 210% higher than the national median of $80,734.

What is the poverty rate in Chevy Chase, MD?

The poverty rate in Chevy Chase is 2.0%. This means approximately 57 residents live below the federal poverty line.

What is the racial makeup of Chevy Chase, Maryland?

Chevy Chase's population is 81.0% White, 0.2% Black, 4.4% Hispanic/Latino, and 4.8% Asian.

What is the median home value in Chevy Chase, MD?

The median home value in Chevy Chase is $1,670,600. The home-value-to-income ratio is 6.7x.

How educated is Chevy Chase, Maryland?

95.2% of adults (25+) in Chevy Chase hold a bachelor's degree or higher, and 74.3% hold a graduate or professional degree.