Cheverly, MD
Population 6,107 · Maryland
About Cheverly, MD
Cheverly is a small town located in Maryland with a population of 6,107 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,633 per year, which is 57% above the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cheverly features a median home value of $466,500, which is 90% above the national median of $244,900. This places Cheverly in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,786, 54% above the national average of $1,163/month. Of the 2,390 total housing units, 74% are owner-occupied (1,746 units) and 26% are renter-occupied (606 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cheverly shows an unemployment rate of 8.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cheverly have an average one-way commute time of 31.8 minutes.
Education & Demographics
51.3% of Cheverly residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.9% White, 1.2% Hispanic or Latino, 0.9% Black or African American, and 11.0% Asian residents, with 20.7% of the population being foreign-born.
Cost of Living in Cheverly, MD
Compared to national averages, Cheverly has a median household income of $117,633 (57% above the national median of $75,149). Home values average $466,500, which is 90% above the national median. Monthly rent at $1,786 is 54% above the US average of $1,163. Within Maryland, Cheverly's income is 9% above the state average of $107,956, and home values are 16% above the state median of $402,447.
Why Live in Cheverly, MD?
Cheverly offers a strong local economy with a median household income of $117,633, well above the national average, and a well-educated community where 51.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $466,500. However, Cheverly’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cheverly has a population of 6,107 with a median age of 38.2 years. Compare Cheverly with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Cheverly
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marlow Heights | 6,144 | $58,268 | $366,700 | Compare |
| Riverside | 6,149 | $102,262 | $237,300 | Compare |
| Fulton | 5,946 | $240,219 | $847,700 | Compare |
| Hampstead | 6,311 | $96,802 | $305,400 | Compare |
| Glenarden | 6,320 | $96,875 | $411,900 | Compare |
| District Heights | 5,888 | $81,750 | $320,500 | Compare |
| Walkersville | 6,352 | $137,218 | $442,300 | Compare |
| Fountainhead-Orchard Hills | 6,364 | $97,743 | $321,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cheverly With Other Cities
Frequently Asked Questions about Cheverly
What is the population of Cheverly, MD?
The population of Cheverly, MD is 6,107 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Maryland.
What is the median household income in Cheverly?
The median household income in Cheverly, MD is $117,633 per year, which is 57% above the national median of $75,149.
What is the median home value in Cheverly?
The median home value in Cheverly, MD is $466,500, which is 90% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cheverly?
The median monthly rent in Cheverly, MD is $1,786, which is 54% above the national average of $1,163/month.
What is the unemployment rate in Cheverly?
The unemployment rate in Cheverly, MD is 8.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cheverly, MD a good place to live?
Cheverly offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,107 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Cheverly, MD?
51.3% of residents in Cheverly aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cheverly?
Key cost-of-living indicators for Cheverly, MD: median home value is $466,500 (90% above national), median rent is $1,786/month, and median household income is $117,633. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Cheverly?
The poverty rate in Cheverly, MD is 5.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cheverly, MD?
Cheverly's population is 4.9% White, 1.2% Hispanic or Latino, 0.9% Black or African American, 11.0% Asian, and 39.3% two or more races. 20.7% of residents are foreign-born.