Most Expensive Chevy Chase Neighborhoods
Chevy Chase is a very small town located in the state of Maryland. With a population of 2,959 people and five constituent neighborhoods, Chevy Chase is the 168th largest community in Maryland. Chevy Chase has a large stock of pre-World War II architecture, making it one of the older and more historic towns in the country.
Chevy Chase home prices are not only among the most expensive in Maryland, but Chevy Chase real estate also consistently ranks among the most expensive in America.
Chevy Chase is a decidedly white-collar town, with fully 99.52% of the workforce employed in white-collar jobs, well above the national average. Overall, Chevy Chase is a town of professionals, managers and sales and office workers. There are especially a lot of people living in Chevy Chase who work in management occupations (21.75%), legal occupations (15.81%) and art, media, and design (9.07%).
Of important note, Chevy Chase is also a town of artists. Chevy Chase has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Chevy Chase’s character.
And if you like science, one thing you'll find is that Chevy Chase has lots of scientists living in town - whether they be life scientists, physical scientists (like astronomers), or social scientists (like geographers!). So, if you're scientific-minded, you might like it here too.
A relatively large number of people in Chevy Chase telecommute to their jobs. Overall, about 11.98% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Chevy Chase is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Chevy Chase’s overall crime rate is lower than average for the country.
In Chevy Chase, however, the average commute to work is quite long. On average, people spend 31.52 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the town is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
Despite the fact that it is a small town, Chevy Chase has quite a few people who take public transportation – mostly the subway - for their daily commute to work. This helps to fill a real need in the town for affordable transportation.
If knowledge is power, Chevy Chase is a pretty powerful place. 93.15% of the adults in Chevy Chase have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Chevy Chase in 2010 was $118,314, which is wealthy relative to Maryland and the nation. This equates to an annual income of $473,256 for a family of four.
The people who call Chevy Chase home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Chevy Chase residents report their race to be White, followed by Asian. Important ancestries of people in Chevy Chase include Irish, German, English, Italian, Russian and French.
The most common language spoken in Chevy Chase is English. Some people also speak Spanish.
|CHEVY CHASE INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||1,034|
|CHEVY CHASE HOME OWNERSHIP|
|% OWNER OCCUPIED||95.36%|
|% RENTER OCCUPIED||4.64%|
|TYPE OF CHEVY CHASE HOMES|
|SINGLE FAMILY DETACHED||100.00%|
|ROWHOUSES AND ATTACHED HOMES||0.00%|
|SMALL APARTMENT BUILDINGS||0.00%|
|COMPLEXES OR HIGH RISE APARTMENTS||0.00%|
|SIZE OF CHEVY CHASE HOMES|
|5 OR MORE BEDROOMS||33.36%|
|AGE OF CHEVY CHASE HOMES|
|NEWER HOMES (2000 OR LATER)||6.78%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||5.23%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||11.92%|
|HISTORIC (1939 OR BEFORE)||76.08%|
|CHEVY CHASE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,129,000|
|MEDIAN RENTAL PRICE||$2,262|
|HOME VALUE RANGE|
|$0 - $55,000||0.00%|
|$55,001 - $109,000||0.00%|
|$109,001 - $218,000||0.51%|
|$218,001 - $327,000||1.32%|
|$327,001 - $436,000||0.51%|
|$436,001 - $545,000||0.41%|
|$545,001 - $818,000||2.13%|
|$818,001 - $1,090,000||22.92%|
|PEOPLE OF CHEVY CHASE||DETAILS|
|UNDER 5 YEARS||6.88%|
|5 TO 17||21.09%|
|18 TO 24||4.23%|
|25 TO 34||3.92%|
|35 TO 54||28.83%|
|55 TO 64||20.33%|
|65 YEARS AND OVER||14.72%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||99.34%|
|MEDIAN HOUSEHOLD INCOME|
|PER CAPITA INCOME||$118,314|
|INDIVIDUALS BELOW POVERTY LEVEL||1.24%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (28.22%)
Public Service (15.95%)
Real estate (5.86%)
Information Technology (5.39%)
|BLACK OR AFRICAN AMERICAN||0.55%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.76%|
|TWO OR MORE RACES||4.33%|
|HISPANIC OR LATINO (OF ANY RACE)||4.82%|
|ETHNICITIES PRESENT||Irish (19.37%)
Eastern European (2.68%)
|LANGUAGES SPOKEN||English (85.59%)
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