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CITY · 2020 ACS

Derwood

Maryland · 2,535 residents · 0.627 sq mi
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The short version

Derwood is wealthier than most US places, with a median household income of $80,595. Population has grown 34% since 2019. 66% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value is $554,100.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 42.6
US median: 38.8
More educated
66% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,535
+34%since 2019
from 1,890 in 2019
2010 – 2024
Population density
4,043 / sq mi
+34%since 2019
from 3,014 / sq mi in 2019
US average: 280
Median age
42.6
−16%since 2019
from 51.0 in 2019
US average: 38.8
Population, 2010 – 2024
2K2K2K2K3K201020202024Derwood
20242K
201020202024
Section 02

Income & economy

Median household income
$80,595
+10%inflation adjusted, since 2019
from $72,351 in 2019
US average: $66,278
2010 – 2024
Per capita income
$50,753
−6%since 2019
from $53,811 in 2019
US average: $35,364
Households earning $100K+
50.8%
+1.1 ptssince 2019
from 49.7% in 2019
US average: 43.9%
Poverty rate
9.8%
−5.8 ptssince 2019
from 15.6% in 2019
US average: 12.8%
Workforce by industry, 2020
Other services8%
US avg: 6.6%
Retail trade6.8%
US avg: 10%
Information5.8%
US avg: 11.1%
Public administration2.8%
US avg: 4.7%
Arts, entertainment, food2.4%
US avg: 2%
Transportation & warehousing2.3%
US avg: 2.5%
Wholesale trade0.9%
US avg: 6.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$554,100
−3%inflation adjusted, since 2019
from $563,700 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$1,408
+20%inflation adjusted, since 2019
from $1,160 in 2019
US average: $1,124
Owner-occupied
61.7%
+1.3 ptssince 2019
from 60.4% in 2019
38.3% rent
Afford Score
6.9
−12%since 2019
from 7.8 in 2019
2010 – 2024
RELATED:See current rent listings in Derwood on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic48.9%(924)
Black1.2%(22)
Hispanic / Latino12.3%(233)
Asian27.8%(525)
Other9.8%(186)
Diversity Score82.4%(1,556)
2020
White, non-Hispanic40.2%(1,019)
Black11.7%(297)
Hispanic / Latino14.9%(378)
Asian26.5%(673)
Other12.2%(310)
Diversity Score93.3%(2,365)
Diversity Score
93
+13%since 2019
from 82 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
66.4%
−4.2 ptssince 2019
from 70.7% in 2019
US average: 32.9%
High school or higher
96.0%
+3.1 ptssince 2019
from 92.9% in 2019
US average: 88.5%
Graduate degree
37.4%
−4.3 ptssince 2019
from 41.7% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
36.0 min
−2%since 2019
from 36.9 min in 2019
US average: 26.9
Drive alone to work
60.6%
−5.1 ptssince 2019
from 65.7% in 2019
US average: 75.1%
No vehicle available
10.6%
−2.3 ptssince 2019
from 12.9% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.4%
−0.3 ptssince 2019
from 1.8% in 2019
US average: 5.4%
Labor force participation
61.2%
+3.5 ptssince 2019
from 57.7% in 2019
US average: 63.4%
Management & professional
60.9%
−9.9 ptssince 2019
from 70.8% in 2019
US average: 39.3%
Section 08

People & community

Male
44.7%
−0.1 ptssince 2019
from 44.8% in 2019
Female
55.3%
+0.1 ptssince 2019
from 55.2% in 2019
Foreign born
41.1%
−5.5 ptssince 2019
from 46.7% in 2019
US average: 13.5%
Uninsured
2.0%
−3.3 ptssince 2019
from 5.3% in 2019
US average: 8.8%
Drill deeper

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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 2,535 residents according to the 2020 American Community Survey.

What is the median household income in Derwood, Maryland?

The typical household in Derwood, Maryland earns about $80,595 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 $554,100, and the typical rent is about $1,408 a month.

How educated are people in Derwood, Maryland?

About 66.4% 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 9.8% 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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