North Bethesda, Maryland Income Statistics
North Bethesda 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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A+
North Bethesda Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | North Bethesda | Maryland Avg | US Average |
|---|---|---|---|
| Median Household Income | $129,461 | $103,916 | $80,455 |
| Median Personal Income | $98,571 | $75,715 | $60,758 |
| Average Yearly Income Growth | 2.7% | 4.0% | 4.8% |
| Six-Figure Earners | 34.7% | 20.7% | 13.9% |
| $200k+ Households | 27.7% | 20.3% | 13.2% |
The median household income in North Bethesda is about 25% higher than in Maryland. Income has been growing slower in North Bethesda (2.7%/yr) than in Maryland (4.0%/yr).
About 35% of adults in North Bethesda 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 North Bethesda, Maryland grew by 47.7% from 2009 to 2024, reaching $129,461 in 2024. That's an average of about 2.7% per year.
Income Inequality and the Gender Pay Gap in North Bethesda
| Metric | North Bethesda | Maryland Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.483 | 0.534 | 0.552 |
| Male Median Income | $112,979 | $84,327 | $69,667 |
| Female Median Income | $96,399 | $72,201 | $56,850 |
| Gender Pay Gap | 14.7% | 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 North Bethesda, it is 0.483, lower than Maryland's 0.534, so income is more 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 North Bethesda, Maryland. Over a 35-year career, a 17% wage gap accumulates to roughly $580,300 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in North Bethesda, Maryland has narrowed from about 27% to 15% in 2024. In dollar terms, the gap has narrowed by $5,716 since 2009.
Employment
| Metric | North Bethesda | Maryland Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 4.8% | 5.2% |
| Working from Home | 37.1% | 19.3% | 15.0% |
| Commute time (minutes) | 27 | 28 | 22 |
Approximately 1,037 people are unemployed in North Bethesda, Maryland.
The average commute time in North Bethesda is 27 minutes, shorter than the 28 minutes in Maryland.
Unemployment Rate Over Time
Since 2011, the unemployment rate in North Bethesda, Maryland has fallen from 3.6% to 3.5% in 2024. Over that period the rate peaked at 5.9% in 2015 and fell as low as 2.9% in 2020.
Conclusion
Considering all these factors, North Bethesda, Maryland has an overall wealth index grade of A+, making it somewhat better than Maryland, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in North Bethesda, Maryland.
How Rich Is North Bethesda, Maryland?
North Bethesda has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $129,461, about 25% higher than the Maryland average of $103,916.
How has median household income changed in North Bethesda, Maryland?
Between 2009 and 2024, the median household income in North Bethesda, Maryland rose 48%, from $87,680 to $129,461. Over the same years, income here lagged behind Maryland as a whole: +48% against +49%.
What was the median household income in North Bethesda in 2023?
In 2023, the median household income in North Bethesda, Maryland was $127,771, down 2% from $129,769 in 2022. The Maryland median that year was $101,974.
What was the median household income in North Bethesda in 2020?
In 2020, the median household income in North Bethesda, Maryland was $113,906. By 2024 it had risen 14% to $129,461.
Do many residents of North Bethesda, Maryland earn over $100,000?
Yes. 35% of adults in North Bethesda, Maryland earn $100,000 or more a year (about 1 in 3), against 21% (about 1 in 5) in Maryland. 28% of households have a combined income of $200,000 or more, compared with 20% in Maryland.
How strong is the job market in North Bethesda, Maryland?
Unemployment in North Bethesda, Maryland is only 3.5%, well below the Maryland rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in North Bethesda, Maryland?
The Gini coefficient in North Bethesda is 0.483. 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 North Bethesda, Maryland?
Since 2009, the income gap between men and women in North Bethesda, Maryland has narrowed from about 27% to 15% in 2024. In dollar terms, the gap has narrowed by $5,716 since 2009.
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