What is the median household income in Chevy Chase Section Five, MD?
The median household income in Chevy Chase Section Five, MD is $250,000 or more a year (2020–2024 American Community Survey).
Figures last updated on .
- Median household income
- $250,000 or more
- Median renter income
- $111,359 (±$539)
Income in Chevy Chase Section Five against Montgomery County, its state and the nation
| Chevy Chase Section Five | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Median household income | $250,000 or more | $132,450 (±$2,073) | $103,678 (±$597) | $80,734 |
| Median renter household income | $111,359 (±$539) | $79,810 (±$1,782) | $62,703 (±$866) | $52,966 |
| Median owner household income | $250,000 or more | $172,408 (±$2,055) | $129,423 (±$883) | $100,009 |
| Median gross rent | $3,500 or more | $2,068 (±$20) | $1,705 (±$8) | $1,413 |
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $1,264,900 (±$83,556) | $1,643,100 (±$114,391) | +29.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Chevy Chase Section Five
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Chevy Chase Section Five | — | $250,000 or more | — |
| Chevy Chase Section Three | 0.3 mi | $250,000 or more | — |
| Martin's Additions | 0.4 mi | $250,000 or more | — |
| Chevy Chase | 0.5 mi | $250,000 or more | — |
| Chevy Chase (community) | 0.6 mi | $211,765 (±$20,243) | — |
| Chevy Chase Village | 1.0 mi | $250,000 or more | — |
| North Chevy Chase | 1.3 mi | $250,000 or more | — |
| Friendship Heights Village | 1.7 mi | $119,384 (±$12,113) | — |
| Somerset | 1.7 mi | $250,000 or more | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Montgomery County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 (tie) | Cabin John | $250,000 or more |
| 1 (tie) | Chevy Chase | $250,000 or more |
| 1 (tie) | Chevy Chase Section Five | $250,000 or more |
| 1 (tie) | Chevy Chase Section Three | $250,000 or more |
| 1 (tie) | Chevy Chase View | $250,000 or more |
| 1 (tie) | Chevy Chase Village | $250,000 or more |
| 1 (tie) | Garrett Park | $250,000 or more |
| 1 (tie) | Martin's Additions | $250,000 or more |
| 1 (tie) | North Chevy Chase | $250,000 or more |
Showing 9 of 59 places in Montgomery County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Chevy Chase Section Five
What is the median household income in Chevy Chase Section Five?
The median household income in Chevy Chase Section Five is $250,000 or more a year (2020–2024 American Community Survey).
What do renters earn in Chevy Chase Section Five?
The median renting household in Chevy Chase Section Five, MD earns $111,359 (±$539) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Chevy Chase Section Five village, Maryland
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Chevy Chase Section Five village, Maryland
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Chevy Chase Section Five village, Maryland
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Chevy Chase Section Five village, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Chevy Chase Section Five village, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Chevy Chase Section Five village, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Chevy Chase Section Five village, Maryland (place:16720, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Chevy Chase Section Five at a glance
- Home values in Chevy Chase Section Five
- Homeowner costs in Chevy Chase Section Five
- Property taxes in Chevy Chase Section Five
- Types of homes in Chevy Chase Section Five
- Age of homes in Chevy Chase Section Five
- Heating fuel in Chevy Chase Section Five
- Commute and cars in Chevy Chase Section Five
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Maryland places ranked by median household income
- Housing data for every place in Maryland