USA.com / Maryland / Montgomery County / Potomac, MD / Housing

Potomac, MD Housing

Basic InfoPopulation/RacesIncome/CareersHousingEducationOthers

Hot Rankings

Fastest / Slowest Growing Cities Nearby

Best / Worst Cities by Crime Rate Nearby

Richest / Poorest Cities by Income Nearby

Expensive / Cheapest Homes Nearby

Most / Least Educated Cities Nearby

Fastest / Slowest Growing Cities in MD

High / Low MD Cities by Males Employed

High / Low MD Cities by Females Employed

Best / Worst Cities by Crime Rate in MD

Richest / Poorest Cities by Income in MD

Expensive / Cheapest Homes by City in MD

Most / Least Educated Cities in MD

As of 2010-2014, median price of a house in Potomac is $878,200, which is much higher than the state average of $287,500 and is much higher than the national average of $175,700. The Potomac median house value has grown by 94.81% since 2000. The growth rate for the price of a house in Potomac is lower than the state average rate of 96.92% and is much higher than the national average rate of 46.91%. The median year that a house in Potomac was built is 1976, which is about the same as the median year for a house built in the state which is 1975 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 14,018 Owner Occupied Houses in Potomac, MD, #9

Potomac, MD	878,200 USD
Maryland	287,500 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #136

Potomac, MD	94.81%
Maryland	96.92%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Potomac, MD	Maryland	U.S.
Total Housing Units	16,848, see rank, 100%	2,399,375	132,741,033
Occupied Housing Units	16,093, 95.52%, see rank	89.86%	87.55%
Owner Occupied	14,018, 83.20%, see rank	60.26%	56.34%
Renter Occupied	2,075, 12.32%, see rank	29.60%	31.21%
Vacant Housing Units	755, 4.48%, see rank	10.14%	12.45%
For Rent	164, 0.97%, see rank	2.24%	2.34%
For Sale Only	112, 0.66%, see rank	1.11%	1.20%
Rented or Sold, Not Occupied	145, 0.86%, see rank	0.65%	0.92%
For Seasonal, Recreational, or Occasional Use	131, 0.78%, see rank	2.35%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	203, 1.20%, see rank	3.76%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #206

Potomac, MD	Maryland	U.S.
1976	1975	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Potomac, MD	%	Maryland	U.S.
Owner-Occupied Units	14,018	100%	1,445,880	74,787,460
With a Mortgage	9,989	71.26%, see rank	75.17%	65.58%
Without a Mortgage	4,029	28.74%, see rank	24.83%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Potomac, MD	3,820 USD
Maryland	1,999 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Potomac, MD	%	Maryland	U.S.
$299 or Less	0	0.00%, see rank	0.12%	0.20%
$300 to $499	26	0.26%, see rank	0.75%	1.59%
$500 to $699	63	0.63%, see rank	1.94%	5.01%
$700 to $999	106	1.06%, see rank	5.73%	14.32%
$1,000 to $1,499	455	4.56%, see rank	18.28%	27.90%
$1,500 to $1,999	531	5.32%, see rank	23.23%	20.35%
$2,000 to $2,999	1,812	18.14%, see rank	31.23%	19.52%
$3,000 or More	6,996	70.04%, see rank	18.71%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Potomac, MD	22.00% of the Total Income
Maryland	24.00% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Potomac, MD	%	Maryland	U.S.
10% or Less	1,223	12.24%, see rank	5.74%	5.86%
10% to 20%	3,167	31.70%, see rank	30.56%	31.95%
20% to 30%	2,558	25.61%, see rank	29.32%	27.64%
30% to 40%	1,371	13.73%, see rank	14.45%	13.74%
40% or More	1,648	16.50%, see rank	19.55%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Potomac, MD	1,001 USD
Maryland	583 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Potomac, MD	%	Maryland	U.S.
$199 or Less	24	0.60%, see rank	2.62%	7.76%
$200 to $299	38	0.94%, see rank	5.55%	14.70%
$300 to $499	174	4.32%, see rank	28.64%	34.63%
$500 to $699	230	5.71%, see rank	29.57%	21.16%
$700 or More	3,563	88.43%, see rank	33.62%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Potomac, MD	10.00% of the Total Income
Maryland	12.10% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Potomac, MD	%	Maryland	U.S.
10% or Less	2,137	53.04%, see rank	41.59%	40.19%
10% to 20%	942	23.38%, see rank	30.55%	31.47%
20% to 30%	342	8.49%, see rank	11.67%	12.24%
30% to 40%	167	4.14%, see rank	5.66%	5.64%
40% or More	399	9.90%, see rank	9.55%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Potomac, MD	Maryland	U.S.
Total Housing Units	16,848, 100%	2,399,375	132,741,033
1-unit, Detached	12,462, 73.97%, see rank	51.72%	61.65%
1-unit, Attached	2,544, 15.10%, see rank	21.19%	5.82%
2 Units	23, 0.14%, see rank	1.60%	3.75%
3 or 4 Units	77, 0.46%, see rank	2.20%	4.43%
5 to 9 Units	114, 0.68%, see rank	4.94%	4.78%
10 or More Units	1,628, 9.66%, see rank	16.70%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	1.63%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Potomac, MD	Maryland	U.S.
Total Housing Units	16,848, 100%	2,399,375	132,741,033
1 Room	10, 0.06%, see rank	1.15%	1.95%
2 Rooms	229, 1.36%, see rank	1.62%	2.48%
3 Rooms	692, 4.11%, see rank	7.62%	9.13%
4 Rooms	737, 4.37%, see rank	12.84%	16.60%
5 Rooms	797, 4.73%, see rank	14.80%	20.41%
6 Rooms	971, 5.76%, see rank	17.19%	18.06%
7 Rooms	1,113, 6.61%, see rank	14.01%	12.27%
8 Rooms	2,175, 12.91%, see rank	11.30%	8.48%
9 Rooms or More	10,124, 60.09%, see rank	19.47%	10.60%
Median Rooms	9.00, see rank	6.20	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Potomac, MD	Maryland	U.S.
Total Housing Units	16,848, 100%	2,399,375	132,741,033
No Bedroom	10, 0.06%, see rank	1.33%	2.17%
1 Bedroom	1,003, 5.95%, see rank	10.34%	11.16%
2 Bedrooms	986, 5.85%, see rank	22.38%	26.69%
3 Bedrooms	2,713, 16.10%, see rank	37.63%	39.70%
4 Bedrooms	6,407, 38.03%, see rank	21.12%	16.05%
5 or More Bedrooms	5,729, 34.00%, see rank	7.20%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Potomac, MD	Maryland	U.S.
Total Housing Units	16,093, 100%	2,155,983	116,211,092
Utility Gas	11,260, 69.97%, see rank	44.54%	48.85%
Bottled, Tank, or LP Gas	62, 0.39%, see rank	3.17%	4.86%
Electricity	3,991, 24.80%, see rank	39.67%	36.68%
Fuel Oil, Kerosene, etc.	755, 4.69%, see rank	10.31%	5.86%
Coal or Coke	0, 0.00%, see rank	0.11%	0.12%
Wood	0, 0.00%, see rank	1.37%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	25, 0.16%, see rank	0.45%	0.47%
No Fuel Used	0, 0.00%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Potomac, MD	Maryland	U.S.
Occupied Units Paying Rent	1,882, 100%	682,566	39,201,928
$199 or Less	43, 2.28%, see rank	1.63%	1.50%
$200 to $299	143, 7.60%, see rank	2.77%	3.18%
$300 to $499	48, 2.55%, see rank	3.76%	7.37%
$500 to $699	10, 0.53%, see rank	5.52%	16.01%
$700 to $999	46, 2.44%, see rank	18.21%	29.17%
$1,000 to $1,499	346, 18.38%, see rank	37.53%	26.88%
$1,500 to $1,999	309, 16.42%, see rank	19.46%	9.79%
$2,000 or More	937, 49.79%, see rank	11.13%	6.10%
Median	$1,994, see rank	$1,218	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Potomac, MD	Maryland	U.S.
Occupied Housing Units	16,093, 100%	2,155,983	116,211,092
No Vehicles Available	414, 2.57%, see rank	9.39%	9.12%
1 Vehicles Available	3,424, 21.28%, see rank	32.90%	33.80%
2 Vehicles Available	7,930, 49.28%, see rank	36.77%	37.48%
3 or More Vehicles Available	4,325, 26.88%, see rank	20.95%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.