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CITY

Derwood

Maryland · 1,984 residents · 0.627 sq mi
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The short version

Derwood is significantly wealthier than the US average, with a median household income of $118,194. Population has held roughly steady since 2023. 56% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $719,800. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 38.9
US median: 38.9
More educated
56% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,984
+8%since 2023
from 1,830 in 2023
2010 – 2024
Population density
3,164 / sq mi
+8%since 2023
from 2,919 / sq mi in 2023
US average: 281
Median age
38.9
Unchangedsince 2023
from 38.8 in 2023
US average: 38.9
Population, 2010 – 2024
2K2K2K2K3K201020202024Derwood
20242K
201020202024
Section 02

Income & economy

Median household income
$118,194
+23%inflation adjusted, since 2023
from $93,000 in 2023
US average: $82,259
2010 – 2024
Per capita income
$58,592
−6%since 2023
from $62,033 in 2023
US average: $44,673
Households earning $100K+
61.1%
−2.0 ptssince 2023
from 63.1% in 2023
US average: 53.3%
Poverty rate
7.0%
−0.3 ptssince 2023
from 7.3% in 2023
US average: 12.5%
Income inequality (Gini)
0.474
−4%since 2023
from 0.496 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade10.1%
US avg: 6.9%
Other services8.4%
US avg: 6.7%
Public administration8.4%
US avg: 4.8%
Retail trade5.9%
US avg: 9.9%
Arts, entertainment, food5.9%
US avg: 1.9%
Information4.2%
US avg: 10.8%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$719,800
+10%inflation adjusted, since 2023
from $633,200 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$1,676
−26%inflation adjusted, since 2023
from $2,200 in 2023
US average: $1,442
Owner-occupied
58.0%
+1.5 ptssince 2023
from 56.5% in 2023
42.0% rent
Vacancy rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
Owner cost-burdened
18.1%
−8.8 ptssince 2023
from 26.9% in 2023
US average: 22.9%
Renter cost-burdened
39.5%
+6.7 ptssince 2023
from 32.8% in 2023
US average: 47.4%
Afford Score
6.1
−11%since 2023
from 6.8 in 2023
2010 – 2024
Gentrification Score
11
RELATED:See current rent listings in Derwood on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic48.4%(885)
Black9.8%(180)
Hispanic / Latino14.1%(258)
Asian9.5%(174)
Other18.2%(333)
Diversity Score86.8%(1,588)
2024
White, non-Hispanic41.4%(821)
Black16.3%(323)
Hispanic / Latino11.1%(220)
Asian14%(278)
Other17.2%(342)
Diversity Score92.6%(1,837)
Diversity Score
93
+7%since 2023
from 87 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
55.8%
−4.7 ptssince 2023
from 60.5% in 2023
US average: 35.6%
High school or higher
87.0%
−1.4 ptssince 2023
from 88.4% in 2023
US average: 89.6%
Graduate degree
27.7%
+0.2 ptssince 2023
from 27.5% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
33.9 min
−9%since 2023
from 37.1 min in 2023
US average: 26.5
Drive alone to work
53.6%
+6.8 ptssince 2023
from 46.8% in 2023
US average: 68.9%
Carpooled to work
6.8%
−2.7 ptssince 2023
from 9.6% in 2023
US average: 8.5%
Public transit
12.5%
−1.3 ptssince 2023
from 13.9% in 2023
US average: 3.2%
Worked from home
27.0%
−2.7 ptssince 2023
from 29.8% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
10.2%
+2.9 ptssince 2023
from 7.3% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
14.6%
+8.6 ptssince 2023
from 5.9% in 2023
US average: 5.2%
Labor force participation
60.2%
−5.2 ptssince 2023
from 65.5% in 2023
US average: 63.5%
Self-employed
10.7%
+0.7 ptssince 2023
from 10.0% in 2023
US average: 13.1%
Management & professional
62.0%
+2.8 ptssince 2023
from 59.2% in 2023
US average: 42.5%
Section 08

People & community

Male
44.2%
−0.4 ptssince 2023
from 44.6% in 2023
Female
55.8%
+0.4 ptssince 2023
from 55.4% in 2023
Foreign born
24.7%
+2.3 ptssince 2023
from 22.5% in 2023
US average: 14.1%
Veterans
9.1%
−0.6 ptssince 2023
from 9.7% in 2023
US average: 6.2%
With a disability
13.3%
+1.2 ptssince 2023
from 12.1% in 2023
US average: 13.3%
Uninsured
3.3%
−2.0 ptssince 2023
from 5.3% in 2023
US average: 8.4%
Broadband at home
93.7%
−1.5 ptssince 2023
from 95.2% in 2023
US average: 91.0%
English only at home
59.0%
−0.7 ptssince 2023
from 59.8% in 2023
US average: 77.7%
Spanish at home
10.4%
−1.6 ptssince 2023
from 12.0% in 2023
US average: 13.6%
Drill deeper

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DERWOOD VS
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DERWOOD VS
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DERWOOD VS
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DERWOOD VS
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Frequently asked

How many people live in Derwood, Maryland?

Derwood, Maryland has about 1,984 residents according to the 2024 American Community Survey.

What is the median household income in Derwood, Maryland?

The typical household in Derwood, Maryland earns about $118,194 a year. Half of households make more than that, and half make less.

Is Derwood, Maryland expensive?

In Derwood, Maryland, the median home is worth about $719,800, and the typical rent is about $1,676 a month.

How educated are people in Derwood, Maryland?

About 55.8% of adults age 25 and over in Derwood, Maryland hold a bachelor's degree or higher.

What is the poverty rate in Derwood, Maryland?

About 7.0% of people in Derwood, Maryland live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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