Gaithersburg, Maryland, located in zip code 20879, is a suburban city that offers a vibrant community and easy access to the larger metropolitan area. This city of 68,000 people is known for its excellent public school system as well as its top-notch amenities such as parks and libraries. The average cost of 2 bedroom rent in Gaithersburg is $1,840 with the US rate at $1,430. Gaithersburg also has a higher grocery cost index, 108 compared to 100 nationally.
The city is home to many businesses such as Lockheed Martin Corporation and Sodexo North America Headquarters. There are also plenty of local restaurants like Fire Station 1 Restaurant & Lounge and Fava Pot Mediterranean Grill for residents to enjoy. Other attractions include Bohrer Park at Summit Hall Farm and the Gaithersburg Community Museum which allows visitors to experience life in a 19th century mill village through its interactive exhibits. In addition, many events take place throughout the year such as the annual Arts on the Green Festival.
Gaithersburg (zip 20879) has an unemployment rate of 6.1%. The US average is 6.0%.
Gaithersburg (zip 20879) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Gaithersburg (zip 20879)
- The Sales Tax Rate for Gaithersburg (zip 20879) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gaithersburg (zip 20879) is 8.0%. The US average is 4.6%.
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Income and Salaries for Gaithersburg (zip 20879)
- The average income of a Gaithersburg (zip 20879) resident is $39,709 a year. The US average is $37,638 a year.
- The Median household income of a Gaithersburg (zip 20879) resident is $96,197 a year. The US average is $69,021 a year.