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.

Gaithersburg is located east and west of Interstate 270. The eastern section includes the historic area of the town. Landmarks and buildings from that time can still be seen in many places but especially in the historic...

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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