Derwood is a very small town located in the state of Maryland. With a population of 2,513 people and two constituent neighborhoods, Derwood is the 181st largest community in Maryland.
Derwood home prices are not only among the most expensive in Maryland, but Derwood real estate also consistently ranks among the most expensive in America.
Derwood is a decidedly white-collar town, with fully 91.53% of the workforce employed in white-collar jobs, well above the national average. Overall, Derwood is a town of managers, professionals, and sales and office workers. There are especially a lot of people living in Derwood who work in management occupations (20.88%), business and financial occupations (15.16%), and computer science and math (13.37%).
Also of interest is that Derwood has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.39% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
One downside of living in Derwood, however, is that residents on average have to contend with a long commute, spending on average 37.81 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though Derwood is a smaller town, it has many people who hop on public transportation – mostly the subway for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Derwood, you'll likely find that many of your neighbors like to as well. Derwood is one of the more educated communities in America, with a full 70.66% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Derwood in 2018 was $53,811, which is wealthy relative to Maryland and the nation. This equates to an annual income of $215,244 for a family of four. However, Derwood contains both very wealthy and poor people as well.
Derwood is an extremely ethnically-diverse town. The people who call Derwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Derwood residents report their race to be White, followed by Asian. Derwood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.33% of the town’s residents. Important ancestries of people in Derwood include German, Other Arab, Irish, English, and Italian.
In addition, Derwood has a lot of people living here who were born outside of the US (46.67%).
The most common language spoken in Derwood is English. Other important languages spoken here include Chinese and Arabic.