Potomac, Maryland

Moving to or Living in Potomac Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Potomac, Maryland
Moving to Potomac In Maryland ? Find out the best and worst about to live, raise a family or retire in Potomac, the Pros and Cons of Living in Potomac.

Explore the life in Potomac based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Potomac
  2. Pros and Cons of Living In Potomac
  3. Crime In Potomac
  4. Cost of Living In Potomac
  5. Gender In Potomac
  6. Household Income For Potomac
  7. Education In Potomac
  8. Race & Ethnicity In Potomac
About Potomac, Maryland
Is Potomac, Maryland a good place to live?
Potomac is a city in Maryland state in USA with a population of 46256 residents.. The poverty rate of Potomac is 3.8%, which is 73% lower than national average. The typical household in Potomac earns $189729 a year, compared to the national median of $67,500. Nearly 11.7% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Potomac, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Potomac remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Potomac, only 82% of adults have a bachelor's degree and 10% have some college but no degree.

Cost of living in Potomac is 198, which is 98% higher than national average. Median home value in Potomac is $905800 , which is 294% higher than national average. While median income in Potomac remained $189729, which is 181% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
46256
Unemployment
4%
15% NAT AVG.
Poverty
3.8%
73% NAT AVG.
Overall Score
7
Median Home
$905800
294% NAT AVG.
Median Income
$189729
181% NAT AVG.
Median Rent
$2024
74% NAT AVG.
Cost Of Living
198
98% NAT AVG.
People Living BPL
1 in 26
Unemployed People
1 in 25
People Earning < $10,000
1 in 33
People Earning < $50,000
11.7%
People with <= High School
1 in 12.5
People With Any Degree
1 in 1.2
Pros & Cons Overview

Jobs85%

Housing100%

Affordability80%

Safety85%

Amenities85%

Diversity90%

Education95%

Commute40%


Cost of Living
Expense Potomac Maryland National Avg.
Services 116 111 100
Groceries 115 114 100
Health 85 84 100
Housing 394 151 100
Transportation 116 109 100
Utilities 111 108 100
Cost of Living
Gender
Gender Potomac Maryland Country
Female 51.8% 51.5% 50.8%
Male 48.2% 48.5% 49.2%
Gender

Household Income


Income Potomac Maryland Country
Less than $10,000 3% 4.6% 5.8%
$10,000 to $14,999 0.8% 2.6% 4.1%
$15,000 to $24,999 1.8% 5.6% 8.5%
$25,000 to $34,999 2.5% 6.1% 8.6%
$35,000 to $49,999 3.6% 9.3% 12.0%
$50,000 to $74,999 8% 15.2% 17.2%
$75,000 to $99,999 5.9% 13% 12.8%
$100,000 to $149,999 13% 19.3% 15.6%
$150,000 to $199,999 13.5% 10.8% 7.1%
$200,000 or more 47.9% 13.4% 8.3%
Education


Education Potomac Maryland Country
< 9th Grade 2% 3% 5.0%
9-12th Grade 1% 6% 7.0%
High School or GED 5% 24% 27.0%
Other College 7% 19% 20.0%
Associate's Degree 3% 7% 9%
Bachelor's Degree 30% 22% 20.0%
Master's Degree 26% 13% 9.0%
Professional Degree 15% 3% 2.0%
Doctorate Degree 11% 3% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Potomac Maryland Country
White 60.6% 50.2% 60.1%
African American 5.1% 29.4% 12.2%
American Indian 0% 0.2% 0.6%
Asian 20.8% 6.3% 5.6%
Hawaiian 0.1% 0% 0.2%
Other 0.8% 0.4% 0.3%
Multiracial 3% 3.3% 2.8%
Hispanic 9.6% 10.3% 18.2%
Race / Ethnicity