Nearest Airport: RONALD REAGAN WASHINGTON NATIONAL, WASHINGTON DULLES INTERNATIONAL
Community Characteristics: Significant Percentage of Family Households, Close to Military Facility(ies), Stable Population / Very Low Residential Turnover
Income Per Capita: $34,226
Average Household Expenditure: $70,756
Gaithersburg, originally called Log Town, dates back to 1765. Today, Gaithersburg real estate occupies 10 square miles of Montgomery County. Thanks in large part to its small-town feel and active community, the city was named one of the best places to live by Money Magazine. Gaithersburg real estate owners take pride in the community’s packed calendar of events, which includes the Winter Lights Festival at Seneca Creek State Park and Olde Towne Gaithersburg Day.
The primary appeal of Gaithersburg real estate is its accessibility. The Metro, Interstate I-270, and state highways 355 and 117 all connect Gaithersburg to nearby employment centers likeBaltimore and Washington, D.C. That’s not to say that the city isn’t an employment center in its own right. IBM, Lockheed Martin, and MedImmune are just some of the major businesses that provide jobs to Gaithersburg real estate owners. As a result, many commuters choose to invest in Gaithersburg real estate. And yet, the city is also ideal for families, who are drawn to Montgomery County’s excellent public schools. Fortunately, Gaithersburg real estate is characterized by a broad selection of home styles sure to meet every need. For more on Gaithersburg, see the facts below.
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Resource: Long & Foster