Gaithersburg : Maryland

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What it's Like to Retire in Gaithersburg

Gaithersburg, Maryland, a city of just over 64,000 residents, is considered a suburb of Washington DC, and is recognized as a biotechnology center as well as home to federal research facilities and regulatory agencies. Due to its location, it is one of the most economically and ethnically diverse areas in the the Washington Metropolitan Area, and has given rise to several New Urbanism communities, one of which is Kentlands, considered the nation's first Traditional Neighborhood Developments that dates back to the late 1980's, promoting walkable neighborhoods with a variety of housing, live-work units, it's own shopping centers, and neighborhood events.  Picture of Houses in Kentland courtesy of Wikipedia, picture of Gaithersburg Train Station 2007 courtesy of Wikipedia and Bob Drzyzguia.

 

Where to Retire in Gaithersburg and Home Prices

Zillow.com reports the median sale price of a home to be $341,700 in early 2015.  Gaitersburg is divided into two sections seperated by interstate 270.  The eastern side is older with some  "Olde Town" landmarks in the historic business district, and also includes City Hall and a shopping mall.  The western side has wealthier neighborhoods and New Urbanism communities.

 

What is special about Gaithersburg

Gaithersburg has several parks offering a lot of outdoor activity, along with events and festivals. Washington DC is just a short train ride away.  

 

What is not special about Gaithersburg

High cost of living; traffic is forever congested in the DC area.

 

Who will like retirement in Gaithersburg

Those who want to be near the center of it all would enjoy living in Gaithersburg.

 

Local economy is driven by

Gaithersburg is home to thousands of businesses and is a major locatiion for high-tech companies. The National Institute of Standards and Technology is headquarted here, and other major employers include IBM and Lockheed Martin.

 

Climate and Physical Environment

The average January temperature is 31 degrees and the average July temperature is 74 degrees; Gaithersburg's average annual snowfall is 19 inches.

 

Restaurants & Cultural Scene

As a suburb of Washington D.C., the cultural scene offers all you could want. Gaithersburg itself is home to many parks and hosts an array of festivals and events throughout the year including Celerate! Gaithersburg, which is a street festival that draws the community to its historic center, and Paws in the Park, one of the largest dog walks in the DC area. 

 

Crime

The crime rate in Gaithersburg is low, most incidents involve theft.

 

Medical facilities

There are several medical facilities throughout the Gaithersburg area.

 

Transportation

There are a variety of transportation choices in Gaithersburg which include Ride-On Buses, Metrorail, and MARC Trains;  A Bicycling Master Plan is also being implemented in the city; Gaithersburg is located on  I-270 which connects to I-70 to the north and I-495 to the south.

 

Valuable Links

Gaithersburg, Maryland

 

What people are saying about Gaithersburg

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Facts about GAITHERSBURG
  • State: MD
  • Environment: Urban,New Urban/Master Planned,
  • 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: 60,001-80,000
  • Average Home Price (MLS): $300,001-$500,000
  • 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: 121+ (very high)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide:

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