Bethesda : Maryland

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What it's Like to Retire in Bethesda

Bethesda is one of the most affluent suburbs in the country, located just to the north of and bordering on Washington, D.C. The population is 60,000 and the median household income is over $135,000. Photo of downtown at night courtesy of Wikipedia and G. Edward Johnson, photo of Bethesda Meeting House, from which the town got its name, courtesy of Wikipedia and Daniel Case.

 

Where to Retire in Bethesda and Home Prices

There are active communities in the area, albeit with more of an urban slant (See link at right).   Zillow.com reports the Bethesda area to be a hot market with median selling price of a home is just over a $Million in mid-2016.  the median price in the Washington Metro was $406,900 (NAR) in the second quarter of 2016.  Real estate taxes on a $200,000 home (assuming you could find one!) would be less than $2000.

 

What is special about Bethesda

You are a bus ride away from Washington D.C. and its many attractions, but you escape some of the crime.
 

What is not special about Bethesda

It is frightfully expensive to live in Bethesda, and traffic and congestion can be bad.
 

Who will like retirement in Bethesda

Those who want to live in an urban community in the Washington metro area, with great restaurants, shopping, an art district and health care facilities, would enjoy living in Bethesda.

 

Local economy is driven by

Bethesda is home to many corporate and government headquarters, health and bioresearch centers, and professional and scientific  services.

 

Climate and Physical Environment

January's average temperature is 38 degrees, with July's average temperature at 79 degrees.

 

Restaurants & Cultural Scene

Bethesda has over 200 restaurants, and its Arts and Entertainment District hosts art galleries, live theater, music and dance studios.

 

Crime

Bethesda has a low crime rate.

 

Medical facilities

Suburban Hospital, a member of Johns Hopkins Medicine, services the area. Walter Reed National Military Medical Center is located here.

 

Transportation

Washinton's Metro services Bethesda. The town is about average for walkability when compared to other towns.

 

Valuable Links

Downtown Bethesda

 

What people are saying about Bethesda

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Facts about BETHESDA
  • State: MD
  • Environment: Suburban,
  • City Population: 50,001-100,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 21-40
  • Avg July Temperature: 60-80
  • Median HH Income: 80,000+
  • Average Home Price (MLS): $500,001+
  • Annual Property Tax on a $200,000 house: Less than 2000
  • Total Crime Index: 81-90 (low)
  • Cost of Living Index: 121+ (very high)
  • Culture Index: 111-120 (high)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: boomer1

Can you add to or correct these Facts? Or do you have a photo of this community we could use? If so, please click on Edit these facts

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1. Rating: 3.0/5 ( 1 vote cast)

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