Chevy Chase Section Five, Maryland Housing

Chevy Chase Section Five, Maryland has a population of 714, with a median household income of $78,900.

Current housing data for Chevy Chase Section Five.

$389,500

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Population

714

💰

Median Income

$78,900

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Unemployment

4.60%

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Housing Price

$389,500

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Crime Rate

3.90

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Internet Speed

178.00 Mbps

Chevy Chase Section Five is a small local community located in Maryland. The city has a population that is below the average city population in Maryland, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Chevy Chase Section Five, located in Maryland, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Chevy Chase Section Five has a population of 714, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Chevy Chase Section Five is $78,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Chevy Chase Section Five is about $389,500, making it relatively affordable compared to many cities in Maryland.

Employment and Safety

The unemployment rate in Chevy Chase Section Five is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Chevy Chase Section Five are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maryland, Chevy Chase Section Five shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Chevy Chase Section Five offers a balanced mix of economic conditions, population trends, and housing opportunities within Maryland.

Frequently Asked Questions about Chevy Chase Section Five

What is the population of Chevy Chase Section Five?

The population of Chevy Chase Section Five is approximately 714.

Is Chevy Chase Section Five a good place to live?

Chevy Chase Section Five offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Chevy Chase Section Five?

The median household income in Chevy Chase Section Five is around $78,900.

How expensive is housing in Chevy Chase Section Five?

The average housing price in Chevy Chase Section Five is approximately $389,500.