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.
A relatively large number of people in Derwood telecommute to their jobs. Overall, about 29.75% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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, however, is that residents on average have to contend with a long commute, spending on average 36.68 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Despite being a small town, Derwood has a lot of people using the subway to get to and from work every day. Most of these people on the subway are using it to get to good jobs in other cities.
If knowledge is power, Derwood is a pretty powerful place. 60.45% of the adults in Derwood have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Derwood in 2022 was $62,033, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $248,132 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 14.10% of the town’s residents. Important ancestries of people in Derwood include Other Arab, English, Polish, Scottish, and German.
Foreign born people are also an important part of Derwood's cultural character, accounting for 22.46% of the town’s population.
The most common language spoken in Derwood is English. Other important languages spoken here include Spanish and Arabic.