Money Magazine’s BEST PLACES TO LIVE 2014
#24 Rockville, MD
POPULATION: 63,633
CENSUS REGION: South
MEDIAN FAMILY INCOME: $119,444
MEDIAN HOME PRICE: $441,750
AVERAGE PROPERTY TAXES: $5,212
PROJECTED JOB GROWTH: 4%
Only 30 minutes outside Washington, D.C., Rockville offers small-town living for commuters to the nation’s capital. It’s also located at the heart of Montgomery County’s tech corridor; major local employers include Quest Software, Lockheed Martin, and Westat, as well as Choice Hotels International, which created more than 400 jobs when it moved its headquarters to the area in 2012.
The city prides itself on diversity—34% of residents were born outside the U.S. With 900 acres of parkland, outdoor activities abound, but the main draw for families is the public education system. Rockvilles’ schools rank among the top in the nation. Thomas S. Wootton High School, for one, boasts a 90% Advance Placement participation rate.
One thing Rockville isn’t: budget-friendly. Home prices are high compared to surrounding areas, and the cost of living exceeds that of most cities in the state.
Check Here For Homes for sale in Rockville, MD
All data for Rockville, MD
BASIC INFORMATION
City: Rockville
State: MD
Population: 63,633
Census region: South
FINANCIAL
Median family income: $119,444
Cost of Living Index score (100 is national average): 121
Sales tax: 6%
State income tax rate (highest bracket): 5.8%
State income tax rate (lowest bracket): 2%
Average auto insurance premium: $1,810
Projected job growth 2013 – 2018: 4%
HOUSING
Median home price: $441,750
Average property taxes: $5,21
EDUCATION
Colleges, universities, and professional schools (within 30 miles): 58
Reading test scores (% above state average): 9.8%
Math test scores (% above state average): 12.7%
% students attending public/private schools (within town limits): 90.4%/9.6%
QUALITY OF LIFE
Air quality index (% days AQI ranked as good): 82%
Personal crime incidents (per 1,000 people): 1
Property crime incidents (per 1,000 people): 15
Median commute time (in minutes): 29
% population with commute 45 mins. or longer: 29%
% population who walk or bike to work: 3%
LEISURE / CULTURE
Movie theaters (within 15 miles): 72
Restaurants (within 15 miles): 7,554
Bars (within 15 miles): 559
Public golf courses (within 30 miles): 226
Libraries (within 15 miles): 201
Museums (accredited by AAM; within 30 miles): 320
Ski resorts (within 100 miles): 9
Arts funding ($ per person of state funds spent on arts): $2.59
WEATHER
Annual rainfall (inches): 39.4
% clear days in the area: 55%
High temp. in July (° F): 85.4
Low temp. in Jan (° F): 23.8
MEET THE NEIGHBORS
Median age: 38.2
Residents who completed at least some college: 78%
Married: 51%
Divorced: 8%
Racial diversity index (100 is national average): 205.2
NOTES: Population, median family income, and median home price figures are for 2013, the most recent full-year data available. Larger cost of living index numbers indicate a higher cost of living. Larger racial diversity index numbers indicate greater diversity.
Comments(1)