Chevy Chase Section Five, MD Profile: Facts & Data

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Chevy Chase Section Five, Maryland - Basic Facts

The Village of Chevy Chase Section Five had a population of 670 as of July 1, 2019. Chevy Chase Section Five ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for Chevy Chase Section Five is located at latitude 38.9837 and longitude -77.0741 in Montgomery County. The formal boundaries for the Village of Chevy Chase Section Five encompass a land area of 0.11 sq. miles and a water area of 0 sq. miles. Montgomery County is in the Eastern time zone (GMT -5). The elevation is 308 feet.

The Village of Chevy Chase Section Five (GNIS ID: 2391605) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Chevy Chase Section Five is located within District 7, a minor civil division (MCD) of Montgomery County.

Alternate Unofficial Names for Chevy Chase Section Five: Chevy Chase Section 5, Section Number 5 Village of Chevy Chase.

Jump to... (On This Page!)
  1. Chevy Chase Section Five 2019 Demographic Data
  2. Growth Rates for Chevy Chase Section Five (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Maryland Research Tools (Easy Tools & Current Data)
  3. Maryland Data Comparison Tool - 2019 Demographics

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Chevy Chase Section Five, MD Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Chevy Chase Section Five, MD Housing Affordability Index is 85
State of Maryland Housing Affordability Index is 118
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.

WEALTH INDEX

Chevy Chase Section Five, MD Wealth Index is 517
State of Maryland Wealth Index is 141
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Maryland COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 670
Population in Households 670
Population in Families 620
Population in Group Qrtrs 0
Population Density 6,273
Diversity Index1 27
 

INCOME

Median Household Income $200,001
Average Household Income $341,036
Per Capita Income $117,089
Wealth Index3 517

HOUSING

Total Housing Units 226 (100%)
Owner Occupied HU 215 (95.1%)
Renter Occupied HU 10 ( 4.4%)
Vacant Housing Units 1 ( 0.4%)
Median Home Value $1,297,872
Housing Affordability Index2 85
 

HOUSEHOLDS

Total Households 225
Average Household Size 2.98
Family Households 189
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.2% 0.21%
Households 0.15% 0.09%
Families -0.11% 0.21%
Median Household Income   0.0%
Per Capita Income   0.73%

Chevy Chase Section Five, MD - Peer Comparisons by Rank and Percentile

The table below compares Chevy Chase Section Five to the other 518 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 347 33rd
Population Density # 30 94th
Diversity Index # 350 33rd
Median Household Income # 9 100th
Per Capita Income # 2 100th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maryland Census Data Comparison Tool.

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