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Old Line Properties, LLC

361 Main Street,
Gaithersburg, MD 20878

Phone: (301) 926-0999

(301) 602-3904

meredith@meredithfogle.com

Contact Me

Potomac, MD


Potomac, MD

Potomac is a census-designated place (CDP) in Montgomery County, Maryland, United States, named for the nearby Potomac River. The Potomac area is known for its very affluent and highly-educated residents. In 2009 CNNMoney.com listed Potomac as the fourth most affluent town in the United States. Potomac is also the seventh most top-educated American small town according to Forbes. Many Potomac residents work in Washington, D.C.

As its name suggests, the affluent community of Potomac is located on the banks of the Potomac River in Montgomery County, just 15 miles northwest of the nation's capital. The area's natural beauty, which ranges from rolling hills and horse pastures to wooded lots and waterfront views, is only enhanced by the town's proximity to the immensely popular 800-acre Great Falls National Park. Needless to say, this makes Potomac real estate some of the area's most desirable – and most valuable.

Potomac, MD A number of the nation's wealthiest neighborhoods call Potomac home, including Bradley Farms, Palantine, Falconhurst, and Avenel, which plays host to the Kemper Open golf tournament each June. Amenities are provided by the community's commercial district, Potomac Village, which features upscale retail and dining establishments. Million dollar homes are par for the course here, making Potomac real estate particularly appealing to prosperous retirees, water lovers, and golf and equestrian enthusiasts, among others. But business professional and commuters, who appreciate the proximity of Potomac real estate to Washington D.C., as well as families with school-age children looking for a broad selection of excellent public and private schools, are also known to relocate to this picturesque suburb.
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Demographics

As of the census of 2000, there were 46,255 people, 15,655 households, and 13,024 families residing in the CDP. The population density was 1,835.5 per square mile (709.4/km²). There were 15,960 housing units at an average density of 633.9 per square mile (244.7/km²). The racial makeup of the CDP was 79.46% White, 3.93% African American, 0.11% Native American, 13.37% Asian, 0.01% Pacific Islander, 0.90% from other races, and 2.22% from two or more races. Hispanic or Latino of any race were 5.38% of the population.

Of the 15,655 households, 38.4% included children under the age of 18, 74.8% were married couples living together, 6.6% had a female householder and 16.8% were non-families. 14.0% of all households were made up of individuals and 5.9% were persons living alone who were 65 or older. The average household size was 2.84 and the average family size was 3.10.

In the CDP, the age distribution was 26.3% under the age of 18, 4.6% from 18 to 24, 21.3% from 25 to 44, 34.0% from 45 to 64 and 13.8% who were 65 or older. The median age was 44. For every 100 females there were 91.6 males. For every 100 females 18 or older there were 87.3 males.

According to a 2007 estimate, the median income for a household in the CDP was $154,370, and the median income for a family was $177,506. Males had a median income of $100,000+ versus $78,442 for females. The per capita income for the CDP was $64,875. About 2.5% of families and 3.3% of the population were below the poverty line, including 3.6% of those under the age of 18 and 3.6% of those 65 and older.

According to a 2012 estimate, the median income was $161,000.
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Population

Total Population 44,211
Population Density 1,756 Persons/Sq. Mile
Female Population 23,046
Male Population 21,165
Population Change since 1990 ↑ 6% Increase
Population Change since 2000 ↑ 0%
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Colleges

Nearest 2-Year Public College Montgomery College
Distance 5 miles
Nearest 4-Year Public College Devry University
Distance 6 miles
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Households and Income

Total Number of Households 15,391
Family Households 12,776
Average Family Size 3.21
Average Household Income $245,211
Median Household Income $169,591
Income Change since 1990 ↑ 71% Increase
Income Change since 2000 ↑ 31% Increase
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Crime Rates Compared to National Average

The National Average is designated 1.0 - A value of 2.0 represents twice as much risk while a value of 0.5 represents half as much risk.

Total Crime Risk 0.75
Crime Risk (County) 0.58
Personal Crime Risk (County) 0.54
Murder Crime Risk (County) 0.45
Rape Crime Risk (County) 0.47
Robbery Crime Risk (County) 0.60
Assault Crime Risk (County) 0.44
Property Crime Risk (County) 0.74
Burglary Crime Risk (County) 0.55
Larceny Crime Risk (County) 0.90
Motor Vehicle Theft Risk (County) 0.88
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Climate

Average July High Temperature 85.4 °F
Average January Low Temperature 23.8 °F
Annual Precipitation 43.1 inches
Air Pollution Index 89% of National Average
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Miscellaneous

Sales Tax Rate 6.00%
Nearest Airport Ronald Reagan Washington National
Distance 14 miles
Nearest Major Sports Team Washington Wizards / Washington Capitals
Distance 12 miles
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Montgomery County

Potomac, MD Montgomery County is 494.6 square miles with a population of over 920,000 people. It borders the Northwest district of Washington DC on the South with the Potomac River on the West and Frederick, Howard and Prince Georges Counties, MD on the North and East. It is convenient to Washington DC by car, bus, train and the Metrorail red line. The U.S. Naval Command, National Naval Medical Center, the U.S. Department of Health and Human Services, and the National Institutes of Health and Department of Energy are among the federal offices. A variety of Fortune 500 companies and Biotechnology companies are located in the county. As a result of zoning laws the county still maintains a mix of urban, suburban and rural areas.

The county is proud of its public schools with a range of special services including extended elementary programs, family math program, theater education and on-the job training. There are three campuses for Montgomery Community College and Johns Hopkins biotechnology research facility. In addition to public education there are many private schools serving the county. The county has seven major hospitals as well as mobile medical clinics that serve senior citizens.

The Maryland-National Capital Park and Planning Commission administers over 27,000 acres of parkland. There are more than 500 community, neighborhood and regional parks. The county offers amenities such as conservation centers, ice-skating rinks, golf course, arboretums, botanical gardens, lakes, gymnasiums riding rails, picnic grounds. The canal and the park that runs parallel to the Potomac River through the county offers hiking, biking, camping, rock climbing, boating in a beautiful natural setting.