Fairwood, MD
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-11-16

Living In Fairwood, Maryland Summary

Life in Fairwood research summary. HomeSnacks has been researching the quality of life in Fairwood over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Fairwood:

  • The population in Fairwood is 7,453.

  • The median home value in Fairwood is $588,600.

  • The median income in Fairwood is $177,315.

  • The cost of living in Fairwood is 149 which is 1.5x higher than the national average.

  • The median rent in Fairwood is $2,971.

  • The unemployment rate in Fairwood is 1.9%.

  • The poverty rate in Fairwood is 0.3%.

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Fairwood SnackAbility

7
Overall SnackAbility
Jobs
9/10
Housing
10
Affordability
6
Diversity
8
Safety
N/A
Amenities
8
Education
9.5
Commute
3
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Fairwood, MD Cost Of Living

Cost of living in Fairwood summary. We use data on the cost of living to determine how expensive it is to live in Fairwood. Real estate prices drive most of the variance in cost of living around Maryland. Key points include:

  • The cost of living in Fairwood is 149 with 100 being average.

  • The cost of living in Fairwood is 1.5x higher than the national average.

  • The median home value in Fairwood is $588,600.

  • The median income in Fairwood is $177,315.

149
Fairwood's Overall Cost Of Living
1.5x
Higher Than The National Average

Cost Of Living In Fairwood Comparison Table

Living Expense Fairwood Maryland National Average
Overall 149 120 100
Services 103 109 100
Groceries 115 108 100
Health 84 92 100
Housing 259 156 100
Transportation 100 100 100
Utilities 107 108 100

Rankings for Fairwood in Maryland

Locations Around Fairwood

Map Of Fairwood, MD

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3

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4

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5

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Population 24,233

6

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Population 14,468

7

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8

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9

Chevy Chase, MD
Population 9,889

Fairwood Demographics And Statistics

Population over time in Fairwood

The current population in Fairwood is 7,453. The population has increased 60.3% from 2010.

Year Population % Change
2021 7,453 22.5%
2020 6,084 5.6%
2019 5,762 0.1%
2018 5,756 0.9%
2017 5,707 8.7%
2016 5,249 4.8%
2015 5,008 4.7%
2014 4,784 6.8%
2013 4,480 -3.7%
2012 4,650 -

Race / Ethnicity in Fairwood

White
5.0% (372)
African American
76.7% (5,715)
American Indian
0.0% (0)
Asian
10.1% (756)
Hawaiian
0.0% (0)
Other
0.0% (0)
Two Or More
6.1% (457)
Hispanic
2.1% (153)

Fairwood is:

  • 5.0% White with 372 White residents.

  • 76.7% African American with 5,715 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 10.1% Asian with 756 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.0% Other with 0 Other residents.

  • 6.1% Two Or More with 457 Two Or More residents.

  • 2.1% Hispanic with 153 Hispanic residents.

Race Fairwood MD USA
White 5.0% 49.4% 59.4%
African American 76.7% 29.4% 12.2%
American Indian 0.0% 0.2% 0.6%
Asian 10.1% 6.4% 5.6%
Hawaiian 0.0% 0.0% 0.2%
Other 0.0% 0.5% 0.4%
Two Or More 6.1% 3.6% 3.2%
Hispanic 2.1% 10.6% 18.4%

Gender in Fairwood

Female
51.5% (3,840)
Male
48.5% (3,612)
  • Fairwood is 51.5% female with 3,840 female residents.

  • Fairwood is 48.5% male with 3,612 male residents.

Gender Fairwood MD USA
Female 51.5% 51.3% 50.5%
Male 48.5% 48.7% 49.5%

Highest level of educational attainment in Fairwood for adults over 25

< 9th Grade
0.0% (0)
9-12th Grade
3.0% (223)
High School / GED
9.0% (670)
Some College
9.0% (670)
Associate's Degree
7.0% (521)
Bachelor's Degree
32.0% (2,384)
Master's Degree
24.0% (1,788)
Professional Degree
8.0% (596)
Doctorate Degree
8.0% (596)
  • 0.0% of adults in Fairwood completed < 9th grade.

  • 3.0% of adults in Fairwood completed 9-12th grade.

  • 9.0% of adults in Fairwood completed high school / ged.

  • 9.0% of adults in Fairwood completed some college.

  • 7.0% of adults in Fairwood completed associate's degree.

  • 32.0% of adults in Fairwood completed bachelor's degree.

  • 24.0% of adults in Fairwood completed master's degree.

  • 8.0% of adults in Fairwood completed professional degree.

  • 8.0% of adults in Fairwood completed doctorate degree.

Education Fairwood MD USA
< 9th Grade 0.0% 4.0% 5.0%
9-12th Grade 3.0% 5.0% 6.0%
High School / GED 9.0% 24.0% 26.0%
Some College 9.0% 18.0% 20.0%
Associate's Degree 7.0% 7.0% 9.0%
Bachelor's Degree 32.0% 22.0% 21.0%
Master's Degree 24.0% 14.0% 9.0%
Professional Degree 8.0% 3.0% 2.0%
Doctorate Degree 8.0% 3.0% 2.0%

Household Income For Fairwood, Maryland

  • 0.7% of households in Fairwood earn Less than $10,000.

  • 0.0% of households in Fairwood earn $10,000 to $14,999.

  • 1.8% of households in Fairwood earn $15,000 to $24,999.

  • 1.6% of households in Fairwood earn $25,000 to $34,999.

  • 0.2% of households in Fairwood earn $35,000 to $49,999.

  • 4.5% of households in Fairwood earn $50,000 to $74,999.

  • 5.3% of households in Fairwood earn $75,000 to $99,999.

  • 20.4% of households in Fairwood earn $100,000 to $149,999.

  • 21.3% of households in Fairwood earn $150,000 to $199,999.

  • 44.1% of households in Fairwood earn $200,000 or more.

Less than $10,000
0.7% (5,070)
$10,000 to $14,999
0.0% (0)
$15,000 to $24,999
1.8% (13,625)
$25,000 to $34,999
1.6% (12,041)
$35,000 to $49,999
0.2% (1,267)
$50,000 to $74,999
4.5% (33,589)
$75,000 to $99,999
5.3% (39,609)
$100,000 to $149,999
20.4% (152,102)
$150,000 to $199,999
21.3% (159,073)
$200,000 or more
44.1% (328,920)
Income Fairwood MD USA
Less than $10,000 0.7% 4.5% 5.5%
$10,000 to $14,999 0.0% 2.6% 3.9%
$15,000 to $24,999 1.8% 5.2% 7.8%
$25,000 to $34,999 1.6% 5.7% 8.2%
$35,000 to $49,999 0.2% 8.9% 11.4%
$50,000 to $74,999 4.5% 14.7% 16.8%
$75,000 to $99,999 5.3% 12.6% 12.8%
$100,000 to $149,999 20.4% 19.4% 16.3%
$150,000 to $199,999 21.3% 11.5% 7.8%
$200,000 or more 44.1% 15.0% 9.5%

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