Pros and Cons of Living In Gaithersburg, Maryland. Is Gaithersburg, MD a Nice Place To Live or Retire?

Gaithersburg, Maryland

Moving to Gaithersburg In Maryland ? Is Gaithersburg, MD a Nice Place To Live? Pros and Cons of Living in Gaithersburg, Maryland. Find out the best and worst about to live, raise a family or retire in Gaithersburg.

Gaithersburg ( GAY-thərz-burg) is a city in Montgomery County, Maryland, United States. At the time of the 2020 census, Gaithersburg had a population of 69,657, making it the ninth-most populous community in the state. Gaithersburg is located to the northwest of Washington, D.C., and is considered a suburb and a primary city within the Washington metropolitan area. Gaithersburg was incorporated as a town in 1878 and as a city in 1968.

The National Institute of Standards and Technology (NIST) is headquartered in Gaithersburg directly west of I-270. Other major employers in the city include IBM, Lockheed Martin Information Systems and Global Services...

DEMOGRAPHICS

Population
67878
Unemployment
6.5%
38% NAT AVG.
Poverty
9%
36% NAT AVG.
Cost Of Living
134
34% NAT AVG.

ECONOMICS

Median Home Cost
$413500
80% NAT AVG.
Median Income
$91845
36% NAT AVG.
Median Rent
$1754
51% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 11
Unemployed People
1 in 15
People Earning < $10,000
1 in 21
People Earning < $50,000
25.2%
People With Any Degree
1 in 1.7

ETHNICITY

Ethnicity Gaithersburg USA
White 33.1% 60.1%
African American 17.1% 12.2%
American Indian 0.3% 0.6%
Asian 20.2% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 3.5% 2.8%
Hispanic 25.3% 18.2%
Other 0.4% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Gaithersburg USA
Less than $10,000 4.7% 5.8%
$10,000 to $14,999 1.9% 4.1%
$15,000 to $24,999 5.6% 8.5%
$25,000 to $34,999 4.7% 8.6%
$35,000 to $49,999 8.3% 12.0%
$50,000 to $74,999 15.7% 17.2%
$75,000 to $99,999 12.8% 12.8%
$100,000 to $149,999 19.5% 15.6%
$150,000 to $199,999 11.7% 7.1%

EDUCATION

Education Gaithersburg USA
< 9th Grade 7% 5.0%
9-12th Grade 5% 7.0%
High School or GED 16% 27.0%
Other College 13% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 28% 20.0%
Master's Degree 17% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 5% 1.0%
Gaithersburg is a city in Maryland state in USA with a population of 67878 residents.. The poverty rate of Gaithersburg is 9%, which is 36% lower than national average. The typical household in Gaithersburg earns $91845 a year, compared to the national median of $67,500. Nearly 25.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Gaithersburg remained 6.5%, which is 38% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Gaithersburg is 134, which is 34% higher than national average. In Gaithersburg, only 53% of adults have a bachelor's degree and 19% have some college but no degree. Median home value in Gaithersburg is $413500 , which is 80% higher than national average. While median income in Gaithersburg remained $91845, which is 36% 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.
Gaithersburg Scorecard

Jobs80%

Housing90%

Affordability50%

Safety100%

Amenities100%

Diversity100%

Education80%

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