Gaithersburg, Maryland Income Statistics
Gaithersburg Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Gaithersburg Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gaithersburg | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $106,919 | $103,916 | $80,455 |
| Median Personal Income | $72,887 | $75,715 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.0% | 4.8% |
| Six-Figure Earners | 22.6% | 20.7% | 13.9% |
| $200k+ Households | 20.9% | 20.3% | 13.2% |
The median household income in Gaithersburg is about 3% higher than in Maryland. Income has been growing slower in Gaithersburg (3.6%/yr) than in Maryland (4.0%/yr).
About 23% of adults in Gaithersburg earn six figures ($100,000 or more) a year, higher than the Maryland average of 21%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Gaithersburg, Maryland grew by 38.5% from 2009 to 2024, reaching $106,919 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Gaithersburg
| Metric | Gaithersburg | Maryland Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.540 | 0.534 | 0.552 |
| Male Median Income | $84,577 | $84,327 | $69,667 |
| Female Median Income | $72,311 | $72,201 | $56,850 |
| Gender Pay Gap | 14.5% | 14.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Gaithersburg, it is 0.540, higher than Maryland's 0.534, so income is less evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 17% more than women's income in Gaithersburg, Maryland. Over a 35-year career, a 17% wage gap accumulates to roughly $429,310 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gaithersburg, Maryland has narrowed from about 18% to 15% in 2024. Over that period the gap was widest at 18% in 2011, and was narrowest at 1% in 2018. In dollar terms, the gap has widened by $1,407 since 2009.
Employment
| Metric | Gaithersburg | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 4.8% | 5.2% |
| Working from Home | 24.6% | 19.3% | 15.0% |
| Commute time (minutes) | 26 | 28 | 22 |
Approximately 2,128 people are unemployed in Gaithersburg, Maryland.
The average commute time in Gaithersburg is 26 minutes, shorter than the 28 minutes in Maryland.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gaithersburg, Maryland has fallen from 5.3% to 5.2% in 2024. Over that period the rate peaked at 6.9% in 2016.
Gaithersburg, MD Wealth Compared With Nearby Cities
Gaithersburg, MD is the 2nd largest of the 4 cities compared here, 71,117 residents against a local median of 25,048. Gaithersburg, MD's income growth, at 3.6%/yr, runs 18% above the 3.0%/yr typical of the cities around it. That is the better end of the local range on this measure.
The cities themselves spread 1.4%/yr on income growth, so Gaithersburg, MD sits at one end of an already wide local range rather than apart from it. Gaithersburg, MD has the 2nd highest income growth of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Gaithersburg, MD | 71,117 | $106,919 #3/4 | 3.6%/yr #2/4 | 5.2% #2/4 | 0.540 #2/4 |
| North Potomac, MD | 23,845 | $183,530 | 2.5%/yr | 4.1% | 0.525 |
| Montgomery Village, MD | 25,048 | $94,841 | 3.0%/yr | 6.6% | 0.545 |
| Germantown, MD | 82,710 | $113,177 | 3.9%/yr | 5.5% | 0.546 |
Conclusion
Considering all these factors, Gaithersburg, Maryland has an overall wealth index grade of B, making it about on par with Maryland, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Gaithersburg, Maryland.
How Rich Is Gaithersburg, Maryland?
Gaithersburg has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $106,919, about 3% higher than the Maryland average of $103,916.
How has median household income changed in Gaithersburg, Maryland?
Between 2009 and 2024, the median household income in Gaithersburg, Maryland rose 39%, from $77,186 to $106,919. Over the same years, income here lagged behind Maryland as a whole: +39% against +49%.
What was the median household income in Gaithersburg in 2023?
In 2023, the median household income in Gaithersburg, Maryland was $103,315, up 2% from $101,647 in 2022. The Maryland median that year was $101,974.
What was the median household income in Gaithersburg in 2020?
In 2020, the median household income in Gaithersburg, Maryland was $89,097. By 2024 it had risen 20% to $106,919.
What is the Gini coefficient in Gaithersburg, Maryland?
The Gini coefficient in Gaithersburg is 0.540. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Gaithersburg, Maryland?
Since 2009, the income gap between men and women in Gaithersburg, Maryland has narrowed from about 18% to 15% in 2024. Over that period the gap was widest at 18% in 2011, and was narrowest at 1% in 2018. In dollar terms, the gap has widened by $1,407 since 2009.
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