Is Germantown, Maryland a Good Place To Live? - Living In Germantown, MD

Is Germantown, Maryland a good place to live?
Germantown is a city in Maryland state in USA with a population of 89529 residents.. The poverty rate of Germantown is 7.5%, which is 46% lower than national average. The typical household in Germantown earns $98829 a year, compared to the national median of $67,500. Nearly 21.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Germantown, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Germantown remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Germantown, only 49% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Germantown is 130, which is 30% higher than national average. Median home value in Germantown is $349400 , which is 52% higher than national average. While median income in Germantown remained $98829, which is 46% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
89529
Unemployment
4.5%
4% NAT AVG.
Poverty
7.5%
46% NAT AVG.
Overall Score
7
Median Home Cost
$349400
52% NAT AVG.
Median Income
$98829
46% NAT AVG.
Median Rent
$1757
51% NAT AVG.
Cost Of Living
130
30% NAT AVG.
People Living BPL
1 in 13
Unemployed People
1 in 22
People Earning < $10,000
1 in 26
People Earning < $50,000
21.3%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs85%

Housing90%

Affordability60%

Safety100%

Amenities100%

Diversity100%

Education80%

Commute30%