At a Glance
Pros & Cons
Baltimore
Gaithersburg
Advantages
Gaithersburg's median household income of $112,467 in 2024 is significantly higher than the national average, indicating strong economic opportunities.
The city's job market experienced a healthy growth rate of 1.67% from 2023 to 2024, reflecting a robust economy.
Gaithersburg offers a diverse and well-educated population, with 52.5% of residents aged 25+ holding a bachelor's degree or higher in 2024.
The crime rate in Gaithersburg is 26% lower than the national average, contributing to a sense of safety for residents.
Access to quality healthcare is strong, with major medical centers like Adventist HealthCare Shady Grove Medical Center nearby, recognized for patient safety and quality.
Drawbacks
The overall cost of living in Gaithersburg is 43% higher than the national average, primarily due to high housing costs.
Housing costs are particularly elevated, with the average rent at $1,784 in 2026 and median home values around $496,500 in 2024.
Despite a lower overall crime rate, violent crime in Gaithersburg rose by 9.2% from the previous year in 2024.
The city exhibits medium car dependency, with over half of workers driving alone to work and public transit options varying in accessibility.
The median individual income of $53,359 in 2024 is considerably lower than the median household income, suggesting potential income disparity.
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