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Derwood, MD

Full City Profile · Maryland · Montgomery County County

3.7 /5.0
B+ Good
1,830 Population 2,905/sq mi density
$93,000 Median Income $62,033 per capita
$633,200 Home Value $627,264 Zillow
$2,200 Median Rent 28.4% income on rent
56°F Avg Temperature 293 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$93,000 median income, 3.8% unemployment
C+
Affordability
2.8 / 5.0
$633,200 home value, $2,200/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
60.5% bachelor's degree or higher

Income Overview

Median Household Income
$93,000
24% above
US avg: $75,149
Per Capita Income
$62,033
59% above
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
3.3%
73% below
US avg: 12.4%

Income Comparison: Derwood vs. U.S. Average

Each bar shows Derwood’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$93,000
124%
Per Capita
US: $39,052
$62,033
159%
IRS Avg AGI
US: $72,000
$132,519
184%
Avg Weekly Wage
US: $1,432
$1,817
127%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,817
27% above US avg ($1,432)
Mean Commute Time
37 min
34% above US avg (28 min)
Work From Home
29.8%
96% above US avg (15.2%)
Drive Alone
46.8%
36% below US avg (73.2%)
Public Transit
13.9%
177% above US avg (5.0%)
County GDP
$117,390M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 46.8%
Public Transit 13.9%
Work From Home 29.8%
Other 9.5%
Average commute time
37 minutes
US avg: 28 min

Business Landscape

Total Establishments
35,443
Restaurants
1,941
Healthcare
3,931
Retail
2,357
Manufacturing
336

Tax & Financial

IRS Avg Adjusted Gross Income
$132,519
84% above US avg ($72,000)
Avg Property Tax
$7,769
122% above US avg ($3,500)
Cost of Living Index
105.0
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$93,000
Per Capita Income$62,033
IRS Avg Adjusted Gross Income$132,519
Avg Weekly Wage$1,817
County GDP$117,390M

Hardship Indicators

Unemployment Rate3.8%
Poverty Rate3.3%
Gini Coefficient0.469
Cost of Living Index105.0

Commute

Mean Commute37 minutes
Drive Alone46.8%
Public Transit13.9%
Work From Home29.8%

Businesses

Total Establishments35,443
Restaurants1,941
Healthcare3,931
Retail2,357
Manufacturing336

Tax

IRS Avg AGI$132,519
Avg Property Tax$7,769