Interested in purchasing investment houses in the 20878 zip code in Gaithersburg, MD?
The zip code 20878 is in Montgomery county with a latitude of -77.251420000000 and longitude of 39.112530000000, is in the state of Maryland. The average asking price of houses and condos is $522,081.00 and the average sale price was $481,252.00. this regions is classified as the Washington D and consists of the following area codes: 227, 240, and 301. The location in degrees is 39° 6' 45.108" N, 77° 15' 5.112" W. The county F.I.P.S. is 24031. This zip code contains four cities including Darnestown, MD (28.35%), North Potomac, MD (23.83%), Gaithersburg, MD (23.64%), and Travilah, MD (7.73%) The total land area is 21.8 square miles and the water area is 0.4 square miles. The elevation in this area is 322 - 446 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20878 is in county number 031 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 63,717 in 2019 and 62,446 in 2010. Of this, the break down in 2019 was 62,923 urban and 793 rural. This further breaks down to 31,349 males (49.2%) and 32,368 females (50.8%). The median age of residents is 40.5 years. The population of the greater Washington-Arlington-Alexandria, DC-VA-MD-WV area is 5,500,613. The population density (people per square mile) is 2,918. This zip code has a combined total of 23,694 houses and condos. There are 6,622 rented appartments. 29% of residents rent versus the 29% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $104,854 and the average salary is $93,486. The median household income of individuals is $109,837.00 and the average is $118,040.00. This zip code has a mean commute time to work of 34.5 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 15.50% (Under $50,000), 28.60% ($50,000-$100,000), and 55.90% earn over $100,000. 4.7% of residents live below poverty line versus the 9.0% in the state that are below this line. The cost of living index is 185.0. The educational breakdown is 96.5% have a high school education or higher, 72.8% have a bachelor's degree or higher, and 39.8% have some kind of profesional degree.
This area has 22,268 households and the average size is 2.8 people. Individuals who are single and have never been married are 27.6%, 60.5% are now married, 1.3% are separated, 2.7% are widowed, and 7.9% are divorced. The average yearly contribution amount given by people to charity was $3,502 versus the state average of $4,452. The percent of residents who gave to charity was 47.2%.
The estimated median value of houses and condos is $629,060. The median monthly owner costs of mortgage holders was $2,756, where as the costs for those who don't have a mortgage are $871. The median number of rooms in houses and condos are 7.9 versus apartments which had a median number of 4.5.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $5,787. In comparision, the average real estate tax percent rate in the state is 1.1% which equated to an average real estate tax amount payment in the state of $3,515. The median housing property tax percent for residents with mortgages was 0.9% which amounted to an average tax amount of $5,767. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $5,868. Reported taxable interest for persons was $1,372, dividends $5,314, capital gains +$9,285, and itemized deductions $32,879. The average earned income tax credit is $2,037. The percent of individuals that use a tax preparer is 48.5%. The total average income taxes paid by individuals was $16,179. Businesses reported an average profit of $21,036.
Ruth's Chris Steak House
106 Crown Park Ave, Gaithersburg, MD 20878
Bonefish Grill
82 Market St, Gaithersburg, MD 20878
Il Porto
245 Muddy Branch Rd, Gaithersburg, MD 20878
Gemelli's Italian Market
12169 Darnestown Rd, Gaithersburg, MD 20878
Romano's Macaroni Grill
211 Rio Blvd, Gaithersburg, MD 20878
Hibachi Sushi Supreme Buffet
8 Bureau Dr, Gaithersburg, MD 20878
New Tokyo Japanese Cuisine
12115 Darnestown Rd, Gaithersburg, MD 20878
Yoyogi Sushi
317 Main St Ste 100, Gaithersburg, MD 20878
Copper Canyon Grill
100 Boardwalk Pl, Gaithersburg, MD 20878
Dogfish Head Alehouse
800 W Diamond Ave, Gaithersburg, MD 20878
Fingers & Claws Restaurant
802 Muddy Branch Rd, Gaithersburg, MD 20878
Laredo Grill
347 Muddy Branch Rd, Gaithersburg, MD 20878
Noodles & Company
177 Kentlands Blvd, Gaithersburg, MD 20878
Good Fortune Cafe Restaurant
235 Kentlands Blvd, Gaithersburg, MD 20878
Corner Bakery Cafe
1 Grand Corner Ave, Gaithersburg, MD 20878
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