Living & Working in Gaithersburg
Rent vs. Buy Analysis
Median home price is $529,000 . Buying analysis suggests higher upfront costs but potential long-term savings compared to renting.
Neighborhoods by Value & Commute
Olde Towne
URBANKentlands
SUBURBANQuick Decision Guide
Major HVAC Employers
Top-Rated School Districts in Gaithersburg, MD
The Montgomery County Public Schools (MCPS) district serves here, with several highly rated schools. Notable schools include:
- Thomas S. Wootton High School: Ranked among the top in Maryland by U.S. News & World Report.
- Poolesville High School: Another top performer in the MCPS district.
- the area High School: Offers specialized programs like the International Baccalaureate (IB).
Childcare Costs
- Daycare: Average monthly costs range from $1,200 to $1,800 for full-time care, depending on the facility and age of the child. For example, KinderCare locations in the area report fees within this range.
- Nanny: Hiring a nanny typically costs between $2,500 and $3,500 per month, based on experience and hours worked. Local agencies like Care.com provide pricing benchmarks.
Recommended Pediatricians or Family Clinics
- Prime Pediatrics: Located in Gaithersburg, this clinic focuses on comprehensive pediatric care (website).
- White Oak Pediatrics:
Work-Life Balance Culture
Gaithersburg, MD, is known for its balanced work-life culture, with a mix of corporate offices, tech companies, and government agencies. The city offers flexible work environments, including coworking spaces like WeWork here and Regus the area. Many employers in the area prioritize hybrid work models, contributing to a less stressful lifestyle compared to nearby Washington, D.C.
Fitness Facilities
- Gyms:
- LA Fitness (Membership: ~$30โ$40/month)
- Gold's Gym (Membership: ~$25โ$35/month)
- Planet Fitness (Membership: ~$10โ$22/month)
- Parks & Trails:
- Bohrer Park (Free entry, features a water park and walking paths)
- Seneca Creek State Park (Entry fee: $3โ$5 per vehicle, offers hiking and biking trails)
- Great Seneca Stream Valley Trail (Free, 10-mile paved trail for walking and cycling)
Dining Costs
- Lunch: ~$10โ$15 at casual spots like First Watch or Nando's Peri-Peri.
- Dinner: ~$20โ$40 per person at mid-range restaurants like Copper Canyon Grill or **Ted's
Financial Facts for Gaithersburg, MD
- State Income Tax Rate: Maryland's state income tax rates range from 2% to 5.75%, depending on income brackets. For Gaithersburg residents, the exact rate depends on taxable income. For example, incomes above $250,000 are taxed at 5.75%. Source: Maryland Comptroller.
- Property Tax Average: The property tax rate in Gaithersburg is $0.53 per $100 of assessed value for corporate personal property. For real property, the rate is $0.2620 per $100 of assessed value. Source: here Budget & Strategic Planning.
- Cost of Living Compared to Washington, DC: Gaithersburg's cost of living is approximately 15% lower than Washington, DC, with housing costs being a significant factor in the difference. Source: Cost of Living Comparison.
- Growing Industries Creating Jobs: Key industries in Gaithersburg include biotechnology, information technology, and federal contracting, driven by proximity to institutions like the National Institute of Standards and Technology