Chevy Chase Section Three, MD Profile: Facts & Data

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Chevy Chase Section Three, Maryland - Basic Facts

The Village of Chevy Chase Section Three had a population of 760 as of July 1, 2019. Chevy Chase Section Three ranks in the upper quartile for Population Density and the lower quartile for 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 Chevy Chase Section Three is located at latitude 38.979 and longitude -77.0739 in Montgomery County. The formal boundaries for the Village of Chevy Chase Section Three encompass a land area of 0.12 sq. miles and a water area of 0 sq. miles. Montgomery County is in the Eastern time zone (GMT -5). The elevation is 341 feet.

The Village of Chevy Chase Section Three (GNIS ID: 2391606) 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 Three is located within District 7, a minor civil division (MCD) of Montgomery County.

Alternate Unofficial Names for Chevy Chase Section Three: Chevy Chase Section 3, Section Number 3 Village of Chevy Chase.

Jump to... (On This Page!)
  1. Chevy Chase Section Three 2019 Demographic Data
  2. Growth Rates for Chevy Chase Section Three (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 Three, MD Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Chevy Chase Section Three, MD Housing Affordability Index is 91
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 Three, MD Wealth Index is 488
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 760
Population in Households 760
Population in Families 696
Population in Group Qrtrs 0
Population Density 6,512
Diversity Index1 20
 

INCOME

Median Household Income $200,001
Average Household Income $325,098
Per Capita Income $115,684
Wealth Index3 488

HOUSING

Total Housing Units 278 (100%)
Owner Occupied HU 251 (90.3%)
Renter Occupied HU 19 ( 6.8%)
Vacant Housing Units 8 ( 2.9%)
Median Home Value $1,077,381
Housing Affordability Index2 91
 

HOUSEHOLDS

Total Households 270
Average Household Size 2.81
Family Households 223
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 0.0% 0.03%
Households -0.04% -0.07%
Families 0.0% 0.09%
Median Household Income   0.0%
Per Capita Income   0.77%

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

The table below compares Chevy Chase Section Three 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 # 335 36th
Population Density # 27 95th
Diversity Index # 397 24th
Median Household Income # 4 99th
Per Capita Income # 3 100th

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

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