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

Is Gaithersburg, Maryland a good place to live?
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.

A high school education is a basic prerequisite for most jobs, and in Gaithersburg, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Gaithersburg, only 53% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Gaithersburg is 134, which is 34% higher than national average. 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.
Population
67878
Unemployment
6.5%
38% NAT AVG.
Poverty
9%
36% NAT AVG.
Overall Score
7
Median Home Cost
$413500
80% NAT AVG.
Median Income
$91845
36% NAT AVG.
Median Rent
$1754
51% NAT AVG.
Cost Of Living
134
34% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 15
People Earning < $10,000
1 in 21
People Earning < $50,000
25.2%
People with <= High School
1 in 3.6
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs80%

Housing90%

Affordability50%

Safety100%

Amenities100%

Diversity100%

Education80%

Commute40%