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North Chevy Chase

Learn about the people, housing, costs and businesses in North Chevy Chase, Maryland

Median Home$1,343,100
Median Rent$3,239/month
Population661
Leading IndustriesEducation · Manufacturing · Wholesale Trade3% education
Home Value Growth⬆⬆+12.2% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners79% of occupied units
NotableHigh Incomes$208k/year · top 1% nationally
North Chevy Chase
MD

Explore North Chevy Chase

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in North Chevy Chase?

As of today, the 30-year fixed mortgage rate for North Chevy Chase is approximately 6.973% (7.014% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in North Chevy Chase?

The median home value in North Chevy Chase is $1.3M. The median monthly rent is $3,239. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Chevy Chase?

Home values in North Chevy Chase have increased 12.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in North Chevy Chase?

Based on a typical all-in ownership cost of $3,632/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $156k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Chevy Chase is $208k/year.

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What industries drive the economy in North Chevy Chase?

The largest employment sectors in North Chevy Chase are public administration (23%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.