Chevy Chase Village, MD Profile: Facts & Data

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Chevy Chase Village, Maryland - Basic Facts

The Town of Chevy Chase Village had a population of 1,924 as of July 1, 2019. Chevy Chase Village 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 Village is located at latitude 38.9693 and longitude -77.0789 in Montgomery County. The formal boundaries for the Town of Chevy Chase Village encompass a land area of 0.42 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 Town of Chevy Chase Village (GNIS ID: 2390790) 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 Town of Chevy Chase Village is located within District 7, a minor civil division (MCD) of Montgomery County.


Jump to... (On This Page!)
  1. Chevy Chase Village 2019 Demographic Data
  2. Growth Rates for Chevy Chase Village (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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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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

HOUSING AFFORDABILITY INDEX

Chevy Chase Village, MD Housing Affordability Index is 64
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 Village, MD Wealth Index is 559
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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  1. For information about schools and school attendance zones, use the HTL Address Tool
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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 1,924
Population in Households 1,924
Population in Families 1,791
Population in Group Qrtrs 0
Population Density 4,585
Diversity Index1 19
 

INCOME

Median Household Income $200,001
Average Household Income $344,092
Per Capita Income $122,477
Wealth Index3 559

HOUSING

Total Housing Units 726 (100%)
Owner Occupied HU 652 (89.8%)
Renter Occupied HU 32 ( 4.4%)
Vacant Housing Units 42 ( 5.8%)
Median Home Value $1,676,724
Housing Affordability Index2 64
 

HOUSEHOLDS

Total Households 684
Average Household Size 2.81
Family Households 597
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 -0.16% -0.08%
Households -0.2% -0.18%
Families -0.21% -0.17%
Median Household Income   0.0%
Per Capita Income   0.76%

Chevy Chase Village, MD - Peer Comparisons by Rank and Percentile

The table below compares Chevy Chase Village 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 # 276 47th
Population Density # 68 87th
Diversity Index # 415 20th
Median Household Income # 5 99th
Per Capita Income # 1 100th

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

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