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Maryland · Census place 16730

Chevy Chase Section Three village, MD

Quick answer

Chevy Chase Section Three village has 985 residents, ranking #335 of 536 places in Maryland. Median household income is $250,001, the median home is worth $1,583,900 and median gross rent runs $3,501 a month.

Population
985Chevy Chase Section Three village residents
Median household income
$250,001Past 12 months, inflation adjusted
Median home value
$1,583,900Owner-occupied units
Median gross rent
$3,501Rent plus utilities, monthly
Median age
41.5 yrsAll residents
Homeownership rate
96%Owner-occupied households

What the numbers mean in Chevy Chase Section Three village

Housing cost measured against local earnings.

A household earning the Chevy Chase Section Three village median would spend about 16.8% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.6% of residents and 96% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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