Chevy Chase Section Three, MD

Chevy Chase Section Three, MD

At a Glance

How Chevy Chase Section Three Compares to the U.S. Average

Each bar shows Chevy Chase Section Three's value as a percentage of the national average (100% = U.S. avg)

Is Chevy Chase Section Three a Good Place to Live?

Economy & Jobs

Chevy Chase Section Three residents earn a median household income of $250,001 , which is 233% above the national average of $75,149. Per capita income is $146,398. The unemployment rate stands at 0.4% (89% below the U.S. rate of 3.6%). 1.4% of residents live below the poverty line. The area is home to 52,228 business establishments, including 2,762 restaurants.

Housing & Cost of Living

The median home value in Chevy Chase Section Three is $1,583,900 , 462% above the national median of $281,900. Zillow estimates the typical home at $1,216,118. Median rent is $3,501/month, with 14.5% of renters spending more than 30% of income on housing. The cost of living index is 105.0 (100 = national average). The median home was built in 1938.

Education

94.4% of adults in Chevy Chase Section Three hold a bachelor's degree or higher (180% above the national average). 98.8% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Chevy Chase Section Three has an average annual temperature of 56°F (13°C). Winters average 34°F in January while summers reach 78°F in July. Annual precipitation totals 48.5 inches.

Data Overview

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