Derwood is a very small town located in the state of Maryland. With a population of 2,535 people and two associated neighborhoods, Derwood is the 181st largest community in Maryland.
Derwood home prices are not only among the most expensive in Maryland, but Derwood real estate also consistently ranks among the most expensive in America.
Also of interest is that Derwood has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Derwood is also a town of artists. Derwood has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Derwood’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 26.99% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One downside of living in Derwood is that it can take a long time to commute to work. In Derwood, the average commute to work is 36.82 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Even though Derwood is a smaller town, it has many people who hop on public transportation – mostly the subway for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you like to read, write and learn? If you move to Derwood, you'll likely find that many of your neighbors like to as well. Derwood is one of the more educated communities in America, with a full 63.98% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Derwood in 2022 was $46,972, which is middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $187,888 for a family of four. However, Derwood contains both very wealthy and poor people as well.
Derwood is an extremely ethnically-diverse town. The people who call Derwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Derwood residents report their race to be White, followed by Black or African-American. Derwood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.00% of the town’s residents. Important ancestries of people in Derwood include European, Other Arab, Irish, English, and Ethiopian.
Derwood also has a high percentage of its population that was born in another country: 27.95%.
The most common language spoken in Derwood is English. Other important languages spoken here include Spanish and Arabic.