Gender
In Gaithersburg, the population consists of 33,480 males (48.64%) and 35,347 females (51.36%). Here are the primary highlights from the gender-based income distribution analysis:
- In Gaithersburg, the median income for all workers aged 15 years and older, regardless of work hours, was $58,082 for males and $41,761 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $79,769 for males and $69,699 for females.
- In Gaithersburg, the median income for all workers aged 15 years and older, regardless of work hours, was $58,082 for males and $41,761 for females.
- In Gaithersburg, among full-time, year-round workers aged 15 years and older, males earned a median income of $79,769, while females earned $69,699, resulting in a 13% gender pay gap among full-time workers. This illustrates that women earn 87 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the city of Gaithersburg.
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Race
In Gaithersburg, the population is predominantly White, constituting 41.69% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $122,829.
- In Gaithersburg, White is both the largest group and the one with the highest median household income, which stands at $122,829.
- In Gaithersburg, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $122,829, marking a significant change.
- In Gaithersburg, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $78,726, marking a significant change.
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Year by year
Gaithersburg, MD median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Gaithersburg decreased by $211 (0.20%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2014 to 2015, when the median household income increased by 2,673 (from $97,346 to $100,019). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 3,721 (from $103,972 to $100,251).
- It then further increased to $86,806 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4145, it is evident that income distribution in Gaithersburg, MD exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $102,890. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $88,889.
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