The Richest Cities in Maryland
Go Back To Previous PageMaryland is known for its iconic fishing scene and rich historical significance. However, with a high cost of living and easy access, Maryland is also home to many affluent communities. The following list highlights the eleven wealthiest cities in Maryland, serving as your guide to the most upscale areas in the state. We will review the Richest Cities in Maryland!
1. Chevy Chase: the Richest Cities in Maryland
Chevy Chase is the wealthiest city in Maryland, located just outside Washington, D.C. Known for its family-friendly environment and affluent atmosphere, this primarily residential area
has just over 10,000 residents. People come to Chevy Chase for its stunning real estate, tree-lined streets, and exceptional school systems. The area features a healthy economic growth and housing market.
Residents enjoy upscale amenities, including private country clubs, beautiful green spaces, and high-end shopping options. With the state’s highest per capita income rates, Chevy Chase is the most expensive city in Maryland.
2. Travilah
Travilah is the second-richest city in Maryland, located about twenty miles northwest of downtown Washington, D.C. This relatively small community is home to nearly 12,000 residents, who are both highly educated and extremely wealthy. Travilah offers diverse living options as a residential area, including grand single-family estates and modern townhomes and apartments.
Therefore, the city is famous for its excellent education and is home to numerous highly acclaimed public and private schools. With a per capita income of approximately $110,000, Travilah is a premier choice among the elite in Maryland.
3. Bethesda
Bethesda is one of the wealthiest cities in Maryland. This highly desirable urban community in Montgomery County has approximately 68,000 affluent and well-educated residents. The city has a vibrant atmosphere, especially in its bustling downtown area, where locals can enjoy diverse entertainment options, including shops, restaurants, theaters, and other art venues.
Additionally, Bethesda offers a robust public transportation network, making it an ideal location for those seeking an easy commute to the nation’s capital. With a national income of around $109,000, Bethesda is a popular choice for wealthy families in Maryland.
4. Potomac
Potomac is one of the wealthiest suburbs in Maryland and one of the best suburbs of Washington, D.C. This residential area is known for its spacious estates, outstanding school systems, and convenient access to the nation’s capital.
Residents can also enjoy the area’s natural beauty, with local spots like the C&O Canal National Historical Park nearby. The average home value in Potomac is approximately $1.19 million, and the per capita income is around $94,000, making it one of the most expensive places to live in Maryland.
5. Darnestown
Located approximately 25 miles northwest of Washington, D.C., Darnestown is one of Maryland’s wealthiest cities. With a population of about 6,723, this town offers a small-town atmosphere and significant historical charm. Many local buildings and landmarks date back to the 18th and 19th centuries, giving the area a rich historical character.
Additionally, Darnestown boasts several highly-rated public and private schools and is conveniently close to local parks and recreational facilities, including Seneca Creek State Park. With an average per capita income of $91,000, Darnestown is a notable contender among the wealthiest cities in Maryland.
6. Poolesville
Poolesville is one of the most affluent places to live in Maryland. This quiet suburb in the western part of Montgomery County is home to approximately 5,700 residents. It serves as a distant bedroom community for those who work in Washington, D.C.
This historic town is famous for its unique attractions, high-quality golf courses, and central location near Rockville and Frederick. Additionally, Poolesville boasts a median per capita income of $72,000, highlighting its status as a wealthy area providing many goods and services.
7. South Kensington
South Kensington is an affluent area with much to offer. With nearly 9,000 residents, this community offers a small-town feel near big-city amenities. Primarily known as a residential neighborhood, South Kensington features a variety of upscale living options, including charming single-family homes, urban townhouses, and modern apartments.
The community is close-knit and dedicated to maintaining a safe, family-friendly environment along its tree-lined streets. With access to local attractions such as Wheaton Regional National Park, Sligo Creek Park, and the Montgomery County Public Schools system, South Kensington’s home prices are around $921,000 according to the census bureau.
Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.
