Businesses for Sale | Chevy Chase Village, Maryland
Discover business opportunities, in or around Chevy Chase Village, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Chevy Chase Village, located in The Old Line State had a total population of 2,033 people.
City Statistics and Other Information About Chevy Chase Village
Demographics
From a total population of 2,033, Chevy Chase Village has a median age of 50. The average age of males, in Chevy Chase Village, is 50 while the average age of females is 49. When you compare the median age of men and women in Chevy Chase Village, there is an average difference of 0.68 years.
Income
The median income of individuals, in Chevy Chase Village, is $213,222 while the average household income is $309,510. In 2029, the average income per capita for Chevy Chase Village is expected to be $213,222.
Additional Information
Montgomery CountyIs Chevy Chase Village the Best Location for Franchise Opportunities and Growth?
What is the average income in Chevy Chase Village?
The median household income in Chevy Chase Village is $309,510, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Chevy Chase Village an affordable place to start a franchise?
With a median income of $309,510, Chevy Chase Village presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Chevy Chase Village's income compare to other locations?
The median income of $309,510 in Chevy Chase Village is above the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Chevy Chase Village have a stable workforce to support my business?
Absolutely! With 552 employed individuals, Chevy Chase Village offers a solid labor force to support franchise growth.
Is Chevy Chase Village a growing economy?
With a workforce of 552 and a median household income of $309,510, Chevy Chase Village provides a stable economic environment for new business opportunities.
Does homeownership in Chevy Chase Village indicate a stable market?
Homeownership rates at 666 show a strong local investment in the community, which benefits long-term franchise success.
