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

Germantown, Maryland

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

Germantown is an urbanized census-designated place in Montgomery County, Maryland. With a population of 91,249 as of the 2020 census, it is the third most populous place in Maryland, after Baltimore and Columbia. Germantown is located approximately 28 miles (45 km) outside the U.S. capital of Washington, D.C., and is an important part of the Washington metropolitan area.

Germantown was founded in the early 19th century by European immigrants, though much of the area's development did not take place until the mid-20th century. The original plan for Germantown divided the area into a downtown and six town villages: Gunners Lake Village, Kingsview Village, Churchill Village, Middlebrook Village, Clopper's Mill Village, and Neelsville Village....

DEMOGRAPHICS

Population
89529
Unemployment
4.5%
4% NAT AVG.
Poverty
7.5%
46% NAT AVG.
Cost Of Living
130
30% NAT AVG.

ECONOMICS

Median Home Cost
$349400
52% NAT AVG.
Median Income
$98829
46% NAT AVG.
Median Rent
$1757
51% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 13
Unemployed People
1 in 22
People Earning < $10,000
1 in 26
People Earning < $50,000
21.3%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Germantown USA
White 28.5% 60.1%
African American 23% 12.2%
American Indian 0% 0.6%
Asian 20% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.9% 2.8%
Hispanic 23.9% 18.2%
Other 0.6% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Germantown USA
Less than $10,000 3.8% 5.8%
$10,000 to $14,999 1.3% 4.1%
$15,000 to $24,999 3.2% 8.5%
$25,000 to $34,999 5.4% 8.6%
$35,000 to $49,999 7.6% 12.0%
$50,000 to $74,999 16.1% 17.2%
$75,000 to $99,999 13.2% 12.8%
$100,000 to $149,999 23.6% 15.6%
$150,000 to $199,999 11.9% 7.1%

EDUCATION

Education Germantown USA
< 9th Grade 6% 5.0%
9-12th Grade 5% 7.0%
High School or GED 15% 27.0%
Other College 17% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 27% 20.0%
Master's Degree 16% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 4% 1.0%
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. The unemployment rate of Germantown remained 4.5%, which is 4% lower than national rate.

Cost of living in Germantown is 130, which is 30% higher than national average. In Germantown, only 49% of adults have a bachelor's degree and 25% have some college but no degree. 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.
Germantown Scorecard

Jobs85%

Housing90%

Affordability60%

Safety100%

Amenities100%

Diversity100%

Education80%

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