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All about

Potomac, MD

Potomac, a town in Maryland, has a population of approximately 46,000. Retirees should fit right in, as they account for 22% of the population compared to 14% nationally, while young professionals are less well-represented. At an average age of just over 43, the city's residents skew older than most cities in Maryland. Renters tend to be in the minority in the city, and 88% of residents own their homes. With an average rent of $1,634 per month, exceeding the state average by $287 per month, relatively high rent costs could be a contributing factor in the higher levels of ownership.

Potomac residents have an average commute of about 37 minutes. Many residents (37%) drive to work, while public transportation is used by only 4% of the city. Walking isn't a common method of commuting to work.

There are three primary industries in Potomac: scientific, healthcare, and public administration. Together, these industries account for 25% of the city's labor force. Meanwhile, looking at job function, many of the city's residents work in management, as 12% of the city's population reports this as their field of work, the highest number of any career path. Potomac workers earn an average annual income of about $161K, more than the average Maryland resident. The city's average income also compares favorably to the national average of $73,345. Potomac has a high number of residents older than 25 who have advanced degrees compared to the national average (7%), as 25% have earned a Master's or a Doctoral degree. Additionally, 21% have a Bachelor's degree, which also outpaces the national average.

Average Rent in Potomac

Studio1 Bed2 Bed3 Bed
Dec 19$1,499$1,992$3,290$4,320
Oct 191,4701,9923,2904,320
Sep 191,6281,9923,2904,320
Aug 191,6941,9923,2904,320
Jul 191,7091,9923,2904,320
Feb 191,9923,2904,320
*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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