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Derwood, Maryland Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Derwood, Maryland had a total population of 1,984, the 286th largest community in Maryland, with a median household income of $118,194, which is 14% higher than the state average. The poverty rate is 7.0%.

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

Key Takeaways

Derwood Quick Facts

Population 1,984
Median Household Income $118,194
Median Home Value $719,800
Poverty Rate 7.0%
Unemployment Rate 14.6%
Median Age 38.9 years
Homeownership Rate 58.1%
Affordability Ratio 6.1x
Bachelor's Degree or Higher 55.8%
High School Graduation Rate 87.0%
Diversity Index 76/100
Population 1,984 286th of 527
Median Income $118,194 above average
Poverty Rate 7.0% 44% lower than national
Median Home Value $719,800 top 10%

How Derwood 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
Population1,8301,984+8.4%
Median household income$93,000$118,194+27.1%
Median home value$633,200$719,800+13.7%

How Derwood Compares

Economy & Housing

Household Income Distribution

Under $25K 15.6%
$25K-$50K 5.4%
$50K-$100K 26.1%
$100K+ 52.9%
Detailed income brackets
Under $10K
10.1%
$10K-$15K
3.2%
$15K-$20K
2.3%
$20K-$25K
0.0%
$25K-$30K
1.3%
$30K-$35K
0.0%
$35K-$40K
1.8%
$40K-$45K
0.0%
$45K-$50K
2.2%
$50K-$60K
13.7%
$60K-$75K
4.3%
$75K-$100K
8.2%
$100K-$125K
6.3%
$125K-$150K
6.2%
$150K-$200K
15.2%
$200K+
25.1%

Employment

14.6% Unemployment Rate State: 4.9%|National: 5.2%
60.3% Labor Force Participation

Housing Overview

Owner 58.1%
Renter 41.9%
Affordability Index Expensive
6.1x home value to income ratio
Median gross rent $1,676/mo 17.0% of median household income annually

People & Demographics

Diversity Index

76out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 68 | National average: 61

Education

Derwood Rankings in Maryland

#286 Population of 527
#179 Median Income of 463
#91 Education of 527
#40 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 Derwood

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Charlestown1,999$122,125$378,40038.2%8.5%
Romancoke2,064$127,670$450,90034.9%0.6%
Long Beach1,849$126,683$441,00031.5%1.3%
Hughesville2,098$106,250$489,10019.5%1.7%
Aberdeen Proving Ground2,193$125,069N/A55.0%0.9%

Population Overview

Derwood is a small community located in Maryland, within Montgomery County. The total population is 1,984. It ranks as the 286th most populous out of 527 Census-designated places in Maryland.

Age Demographics

The median age in Derwood is 38.9 years. This is 1% lower than the state median of 39.4 years. 10.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Derwood is $118,194. This is 14% higher than the state median of $103,678. It is also 46% higher than the national median of $80,734. The poverty rate stands at 7.0%. This is 26% lower than the state poverty rate of 9.4%. The unemployment rate is 14.6%. This is 198% higher than the state rate of 4.9%. The median home value is $719,800. Housing costs are 71% higher than the state median of $419,900. The home-value-to-income ratio of 6.1x suggests that housing affordability is a significant concern for many residents. 58.1% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 67.6%.

Race & Ethnicity

Derwood is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Black or African American residents account for 16.3%. The Asian population is significantly higher than the state average (14.0% vs 6.5%).

Education

55.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% 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 87.0%. Notably, 27.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Derwood, 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 Derwood, Maryland?

Derwood, Maryland has a population of 1,984 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Derwood, MD?

The median household income in Derwood is $118,194, which is 46% higher than the national median of $80,734.

What is the poverty rate in Derwood, MD?

The poverty rate in Derwood is 7.0%. This means approximately 139 residents live below the federal poverty line.

What is the racial makeup of Derwood, Maryland?

Derwood's population is 41.4% White, 16.3% Black, 11.1% Hispanic/Latino, and 14.0% Asian.

What is the median home value in Derwood, MD?

The median home value in Derwood is $719,800. The home-value-to-income ratio is 6.1x.

How educated is Derwood, Maryland?

55.8% of adults (25+) in Derwood hold a bachelor's degree or higher, and 27.7% hold a graduate or professional degree.