Income & Economy in Chevy Chase Village, MD

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$250,001

+241% vs national

Per Capita Income

$192,057

+417% vs national

Poverty Rate

0.4%

-97% vs national

Gini Index

0.4479

0 = perfect equality

Unemployment

2.8%

-46% vs national

SNAP Recipients

2.1%

of households

How Chevy Chase Village Compares

Source: Census ACS (2023)

Chevy Chase Village vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Chevy Chase Village is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Chevy Chase Village. The median household income here is $250,001.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
$25-50K
1.4%
$50-75K
1.4%
$75-100K
7.0%
$100-150K
9.7%
$150-200K
5.4%
$200K+
75.2%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.8%

-40% vs MD avg

Labor Force

852

Employed

828

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

68.0%

of adults 25+

High School Diploma+

68.7%

of adults 25+

Median Age

51.1

Work from Home

35.1%

of workers

The median household income in Chevy Chase Village, MD is $250,001, which is 241.4% above the national average of $73,224. Per capita income is $192,057. The poverty rate of 0.4% is lower than the MD state average of 9.4%. The Gini index of income inequality is 0.4479, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.8%, compared to the state average of 4.7%. 68.0% of adults hold a bachelor's degree or higher.