Derwood, Maryland Housing

Derwood, Maryland has a population of 24,038, with a median household income of $78,900.

Current housing data for Derwood.

$389,500

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Population

24,038

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Median Income

$78,900

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Unemployment

4.60%

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Housing Price

$389,500

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Crime Rate

3.90

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Internet Speed

237.00 Mbps

Derwood is a small local community located in Maryland. The city has a population that is above the average city population in Maryland, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Maryland, Derwood provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Derwood has a population of 24,038, which is higher than the state average. This indicates a relatively larger urban presence within Maryland.

Income and Economy

The median household income in Derwood is $78,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Derwood is about $389,500, making it relatively affordable compared to many cities in Maryland.

Employment and Safety

The unemployment rate in Derwood is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Derwood are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maryland, Derwood shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Maryland, Derwood contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Derwood

What is the population of Derwood?

The population of Derwood is approximately 24,038.

Is Derwood a good place to live?

Derwood offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Derwood?

The median household income in Derwood is around $78,900.

How expensive is housing in Derwood?

The average housing price in Derwood is approximately $389,500.