Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.8 yrs |
|---|---|
| Avg HH Size | 2.73 |
| Below Poverty | 4.5% ▼ 55% below avg |
| College Grads | 71.4% ▲ 84% above avg |
| Unemployment | 3.1% ▼ 37% below avg |
| No HS Diploma | 158 (1.5%) |
| HS Graduate | 1,053 (9.7%) |
| Some College | 758 (7%) |
| Associates | 1,142 (10.5%) |
| Bachelors | 518 (4.8%) |
| Graduate Degree | 7,253 (66.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $147,708 ▲ 94% above avg |
|---|---|
| Median Home Value | $614,900 ▲ 121% above avg |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $2,405/mo |
| Total Housing Units | 6,141 |
| Vacant Units | 99 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Derwood is a city in Maryland, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 16,557 residents. It is a middle-aged city, with a median age of 41.8 years.
Economically, Derwood is a upper-middle-income community. The median household income of $147,708 is significantly above the national average. Approximately 4.5% of residents live below the poverty line. The unemployment rate is 3.1%, below the national average.
The real estate market in Derwood is a premium housing market. Median home values stand at $614,900, which is more than double the national average. Renters typically pay around $2,405 per month. Homeownership is high at 77.9%, typical of suburban and family-oriented communities.
The population of Derwood is highly educated. 71.4% of adults hold a bachelor's degree or higher — significantly above the national average. The community is racially diverse, with White as the largest group at 45.4%.
Derwood, MD offers residents above-average earning potential within Maryland.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 20855 | 16,557 | $147,708 | $614,900 | $2,405 | 3.1% | 71.4% | 77.9% |