Gaithersburg, Maryland Unemployment

Gaithersburg, Maryland has a population of 69,657, with a median household income of $78,900.

Current unemployment data for Gaithersburg.

4.60%

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Population

69,657

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Median Income

$78,900

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Unemployment

4.60%

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Housing Price

$389,500

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Crime Rate

3.90

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Internet Speed

281.00 Mbps

Gaithersburg is a smaller urban community located in Maryland. The city has a population that is above the average city population in Maryland, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Gaithersburg is a notable city in Maryland, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Gaithersburg has a population of 69,657, which is higher than the state average. This indicates a relatively larger urban presence within Maryland.

Income and Economy

The median household income in Gaithersburg is $78,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Gaithersburg is about $389,500, making it relatively affordable compared to many cities in Maryland.

Employment and Safety

The unemployment rate in Gaithersburg is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Gaithersburg are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maryland, Gaithersburg shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Gaithersburg offers a balanced mix of economic conditions, population trends, and housing opportunities within Maryland.

Frequently Asked Questions about Gaithersburg

What is the population of Gaithersburg?

The population of Gaithersburg is approximately 69,657.

Is Gaithersburg a good place to live?

Gaithersburg offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Gaithersburg?

The median household income in Gaithersburg is around $78,900.

How expensive is housing in Gaithersburg?

The average housing price in Gaithersburg is approximately $389,500.