Gaithersburg, MD

Very High · 147

Maryland · Population 69,225 · Updated March 2026

$2,008
Median Rent / Month
$107,496
Median Income
$484,500
Median Home Value
$2,071
Owner Costs / Month

Affordability

How far your income goes in Gaithersburg

22.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Maryland

State-level tax rates that affect your costs

5.75%
Income Tax (Top Rate)
6.0%
Sales Tax
1.07%
Property Tax Rate

Estimated Annual Costs

$24,096
Annual Rent
$6,181
State Income Tax
$5,184
Property Tax (est.)

Cost of Living Overview

Gaithersburg has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 147 (where 100 equals the national median), Gaithersburg residents can expect to pay median rent of $2,008/month while earning a median household income of $107,496/year.

The median home value in Gaithersburg, MD is $484,500, with typical monthly owner costs around $2,071 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Maryland has a moderate income tax rate of 5.75%. Combined with a 6.0% sales tax rate and 1.07% effective property tax rate, the overall tax environment is a factor in the total cost of living in Gaithersburg.

Frequently Asked Questions

Common questions about living costs in Gaithersburg

What is the cost of living in Gaithersburg, MD?
The cost of living index in Gaithersburg, MD is 147 (US average = 100). Median monthly rent is $2,008, median household income is $107,496/year, and the median home value is $484,500.
Is Gaithersburg, MD affordable?
No, Gaithersburg is more expensive than the national average with a cost index of 147. The rent-to-income ratio is 22.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Gaithersburg, MD?
The median gross rent in Gaithersburg, MD is $2,008 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,096.
What is the median household income in Gaithersburg?
The median household income in Gaithersburg, MD is $107,496 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Maryland?
Maryland has a top income tax rate of 5.75%, a sales tax of 6.0%, and an effective property tax rate of 1.07%.