All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
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.
![Gaithersburg, MD gender based income disparity Line chart showing the annual median income trends in Gaithersburg, MD for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).](https://i.neilsberg.com/ch/gaithersburg-md-income-by-gender.jpeg)
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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.
![Gaithersburg, MD median household income diversity across racial categories The bar chart shows Gaithersburg, MD median household income across all racial categories identified by the U.S. Census Bureau.](https://i.neilsberg.com/ch/gaithersburg-md-median-household-income-by-race.jpeg)
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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.
![Gaithersburg, MD median household income trend (2010-2021, in 2022 inflation-adjusted dollars) The line chart shows Gaithersburg, MD median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.](https://i.neilsberg.com/ch/gaithersburg-md-median-household-income-trend.jpeg)
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)