Maryland, long recognized for its proximity to Washington, D.C. and its affluent suburbs, has once again seen one of its communities top the list as the richest town in the state.
Recent data from the U.S. Census Bureau and multiple financial analyses have spotlighted Chevy Chase as Maryland’s wealthiest town for 2025, reflecting both its historical prestige and its current economic strength.
Chevy Chase: Maryland’s Wealth Epicenter
Chevy Chase, located in Montgomery County along the northwest border of Washington, D.C., has been named the richest town in Maryland according to the latest rankings based on median household income.
The town boasts a median household income of approximately $250,000, which is over 230% higher than the U.S. median income. More than 75% of households in Chevy Chase earn over $200,000 annually, underscoring the area’s concentration of wealth.
The town’s affluence is further reflected in its high median earnings for workers-$129,659 overall, with male median earnings at $238,958 and female median earnings at $181,667. Chevy Chase also enjoys a low unemployment rate (3.6%), a high rate of health insurance coverage (98.6%), and a minimal percentage of families living below the poverty line (3.1%).
A Tradition of Wealth and Prestige
Chevy Chase’s origins as a haven for Washington’s elite date back to the late 19th century, when it was deliberately developed as a tranquil, park-like community filled with amenities, convenient access, and exclusivity.
Its proximity to the nation’s capital has made it a preferred residence for politicians, business leaders, and professionals seeking both luxury and convenience.
Other Affluent Maryland Communities
While Chevy Chase stands out, several other towns in Maryland also rank among the richest, particularly in Montgomery County. According to the latest demographic data:
1.) Martin’s Additions leads in average household income at $526,799, though with a small population of 931.
2.) Chevy Chase Village and other Chevy Chase sections consistently report average household incomes well above $450,000.
3.) Travilah is the wealthiest city with a population over 5,000, with an average household income of $335,066.
| Rank | Town/City | County | Population | Median Income | Average Income |
|---|---|---|---|---|---|
| 1 | Martin’s Additions | Montgomery | 931 | $250,001 | $526,799 |
| 2 | Chevy Chase Village | Montgomery | 2,027 | $250,001 | $517,064 |
| 3 | Chevy Chase (town) | Montgomery | 2,866 | $250,001 | $521,023 |
| 4 | Travilah | Montgomery | 11,128 | $250,001 | $335,066 |
Note: Median income figures are often capped at $250,001 due to census reporting thresholds for high-income areas.
Real Estate: A Marker of Wealth
The property market in Chevy Chase and neighboring towns reflects their affluence, with typical home values in nearby communities like Potomac and Clarksville exceeding $1 million. These high property values further cement the area’s reputation as a hub for the wealthy.
Conclusion
Chevy Chase’s position as the richest town in Maryland is supported by the latest statistics, which highlight its extraordinary median household income, high concentration of affluent residents, and enduring appeal as a luxury enclave.
While smaller towns like Martin’s Additions may surpass Chevy Chase in average income, Chevy Chase’s combination of population size, historical significance, and consistent affluence make it the undisputed leader in Maryland’s hierarchy of wealth. As economic trends continue, Chevy Chase is poised to maintain its status as the state’s premier address for prosperity and prestige.
Source:
[1] https://www.maryland-demographics.com/richest_cities
[2] https://www.forbes.com/sites/andrewdepietro/2024/09/12/the-richest-places-in-maryland-latest-census-data-shows/
[3] https://worldpopulationreview.com/us-cities/maryland
[4] https://patch.com/maryland/bethesda-chevychase/richest-city-maryland-analysis-says
[5] https://dailyvoice.com/md/chevy-chase/chevy-chase-ranked-as-richest-town-in-maryland-new-ranking/
[6] https://stacker.com/stories/maryland/cities-most-expensive-homes-maryland
[7] https://freedomforallamericans.org/richest-cities-in-the-us/
[8] https://www.usnews.com/news/best-states/slideshows/10-wealthiest-states-in-america