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Chevy Chase, Maryland

town · Montgomery County

At a glance

2,906
Population
$1,670,600
Median home value (all homes)
451% above U.S. median
$1,237,591
Typical market value
Zillow, 2026-07
$3,501/mo
Median rent
160% above U.S. median
$250,001
Median household income
218% above U.S. median
28.5 min
Average commute
97.6%
Homes with broadband
98.6%
Locations with fiber available
3.1%
Unemployment

Cost of living (Clay Affordability Index)

CAI 239 — 139% above the national average. how it's computed

Housing468% above
Goods & services4% above
Utilities39% above
Taxes28% above
Insurance6% below
Commute cost5% above
For business: Maryland is CBII band 3/5 · time to build band 3/5. See state page for the breakdown.

Living here

Nearest 4-year college3 mi
Nearest community college7 mi
Nearest technical college4 mi
High school graduates99.4%
College graduates95.2%

Doing business here

Economic development contacts, most local first:

county Montgomery County Economic Development
A 501(c)3 non-profit charity founded in 2004 with the mission to increase the economic standard of living and quality of life in Montgomery County by providing educational opportunities and additional support to the general public and businesses.
state Maryland Department of Commerce
The Maryland Department of Commerce is the state's primary economic development agency that stimulates private investment and creates jobs by attracting new businesses, encouraging the expansion and retention of existing companies, and providing workforce training and financial assistance to Maryland companies. It also promotes Maryland’s commercial advantages and quality of life to spur economic development, international investment, trade and tourism.
state Maryland Economic Development Association
The Maryland Economic Development Association (MEDA) enhances the knowledge and skills of its members, encourages partnerships and networking among people committed to bringing jobs and capital to Maryland, and promotes economic development as an investment in Maryland. MEDA is a nonprofit organization of economic development professionals.
state Maryland Technology Development Corporation
TEDCO provides funding, resources and connections that early-stage technology and life sciences companies need to thrive in Maryland. It identifies, invests in, and helps grow technology companies in Maryland.
State sales taxYes
State income taxYes
Right-to-work stateNo

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