North Potomac, MD Profile: Facts & Data

The North Potomac CDP⁽¹⁾ had a population of 23,839 as of July 1, 2023. North Potomac ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for North Potomac is located at latitude 39.0829 and longitude -77.265 in Montgomery County. The formal boundaries for the North Potomac Census Designated Place encompass a land area of 6.53 sq. miles and a water area of 0.04 sq. miles. Montgomery County is in the Eastern time zone (GMT -5).

The North Potomac Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The North Potomac Census Designated Place is located within District 6, a minor civil division (MCD) of Montgomery County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

North Potomac, MD Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	23,839 (100%)
Population in Households	23,832 (100.0%)
Population in Families	22,265 (93.4%)
Population in Group Quarters¹	7 ( 0.0%)
Population Density	3,655
Diversity Index²	69


INCOME
Median Household Income	$183,312
Average Household Income	$233,121
% of Income for Mortgage⁴	26%
Per Capita Income	$79,533
Wealth Index⁵	317
Socioeconomic Status Index⁶	High (67.0)

HOUSING
Total HU (Housing Units)	8,295 (100%)
Owner Occupied HU	6,774 (81.7%)
Renter Occupied HU	1,359 (16.4%)
Vacant Housing Units	162 ( 2.0%)
Median Home Value	$780,340
Average Home Value	$826,524
Housing Affordability Index³	95

HOUSEHOLDS
Total Households	8,133
Average Household Size	2.93
Family Households	6,878
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

North Potomac, MD - Peer Comparisons by Rank and Percentile

The table below compares North Potomac to the other 536 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	0.06%	0.02%
Households	0.10%	0.01%
Families		0.05%
Median Household Income		1.76%
Per Capita Income		2.23%
Owner Occupied HU		0.14%

Variable Description	Rank	Percentile
Total Population	# 63	88th
Population Density	# 105	81st
Median Household Income	# 22	96th
Housing Affordability Index	# 285	53rd
Per Capita Income	# 36	93rd
Diversity Index	# 101	81st

North Potomac, MD Profile: Facts & Data

North Potomac, Maryland - Basic Facts

North Potomac, MD Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

North Potomac, MD - Peer Comparisons by Rank and Percentile

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