Gaithersburg, MD Real Estate And Homes For Sale 105 listings
Overview of the Area
Gaithersburg, or more recently known as Northern Potomac, is a wonderful, more quiet suburb of DC. There are several shopping areas, Washingtonian Center, Kentland’s, and the new Crowne Plaza, that are major attractions. All of these shopping areas feature large garages, since the majority of them are walking only. All three feature movie theaters, excellent dining options, as well as bars or shops that often have live music. It was also voted top for its ethnic and economic diversity by WalletHub in 2016, as it has a home and place to grow for people of all backgrounds and economic standing. Gaithersburg is also home to the National Institute of Standards and Technology (NIST), IBM, Lockheed Martin, MedImmune (AstraZeneca) and more. Thus making it a prime location for those who work for those companies.
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Geographic location
Gaithersburg is located in northern Montgomery Country Maryland, to the northwest of Washington DC. It has a west and east side, due to the fact that it is split down the middle by 270. Gaithersburg is one of the larger suburbs, located about 25 miles northwest of DC.
Transportation
Since Gaithersburg is located along 270, car is the most optimal mode of transportation. The further you get away from DC, the further apart things are. Having a car is a must in Gaithersburg. But the red line ends at Shady Grove, just a few minutes’ drive from the heart of Gaithersburg, making it a very popular commute option for those needing to get to DC.
Types of Homes
The shopping centers like Washingtonian Center, Kentland’s and Crown all have upscale apartment buildings and townhomes surrounding them. Further out from there, are single family homes of all sizes. Small homes accommodate the younger smaller families, while large mansions like homes are also available.
Schools
As a part of the Montgomery County School District, the elementary, middle and high schools that are located in Gaithersburg are some of the best in the nation. Montgomery County has been recognized nationally multiple times, for its outstanding academic and athletics programs.
University of Maryland College Park, University of Maryland at Shady Grove, Montgomery College (voted top junior college on the eastern seaboard), Johns Hopkins and University of Maryland Baltimore Campus, are all within an hour’s drive of Gaithersburg.
Montgomery County
Demographic Information
Fips
Fips Code 24031
Population
2020 to 2021 Change down 0.7%
2010 Count 971,777
2021 Estimate 1,054,827
2010 Estimate 971,284
Age Distribution (Years Old)
0 to 4 6.2%
5 to 17 23.0%
18 to 64 54.7%
65 and Older 16.1%
Gender
Male 48.3%
Female 51.7%
Computer and Internet use
Households with a computer 97.1%
Households with a broadband Internet subscription 93.4%
Language
English is Second Language, Age 5+ 40.9%
English is First Language, Age 5+ 59.1%
Veterans
Veterans 38,853
Income
People in Poverty 6.7%
Housing
Total Housing Units 390,475
Households 372,825
Average Household Size 2.79
Owner-Occupied 65.6%
Multi-Family 34.0%
Owner-Occupied Median Value $491,700
Median selected monthly owner costs -with a mortgage $2,588
Median selected monthly owner costs -without a mortgage $830
Median gross rent $1,784
Building Permits
New Private Housing Issued 2020 1,857
Years at Residence
1 Year or More 86.1%
Less Than 1 Year 13.9%
Business and Employment
Private non-farm Establishments 27,498
Private non-farm Employment 451,660
Private non-farm Employment Growth up 1.7%
Nonemployer Establishments 118,612
Number of Firms 118,965
Business Production
Value of Shipments $2,172,647,000
Wholesale Trade $10,456,845,000
Retail Trade $13,706,235,000
Retail Sales Per Capita $13,642
Accommodation and Food Services $2,080,014,000
Montgomery County
Residential Market Trend Graphs
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