Germantown is a moderately-sized city located in the state of Maryland. The city has a population of 90,494 people. With a population density of 5,314 people per square mile, Germantown is well above the nation's average density level. If finding a family friendly city is important to you, look no further. With more than 72% of the population considered married and 46% with kids under the age of 18, Germantown could be considered a very suitable city for families.
Are you trying to decide if living in Germantown is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in Maryland, you will probably want to make sure that you check all of the most important boxes. Using the livability score which includes data from categories like crime, weather, education, housing, you can easily compare the best places to live in Germantown and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Germantown to Maryland and the national average.
Using data and statistics Germantown has received a livability score of 63/100. This score is ranked in the 32nd percentile when compared to all other cities. If we dig down a little deeper into each category within the livability score, we see that Germantown has higher than average scores for the following: amenities (A+) and employment (B-). The bad news for Germantown, there are some categories for which it does not score well, this includes: crime (F), cost of living (F) and housing (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Germantown, there is no shortage of amazing local amenities and interesting things to do.
Assuming that Germantown meets all of your requirements, the next most important item to examine is the affordability of real estate in Germantown. Everything else becomes a lot less important if it turns out that home prices in Germantown are simply unattainable. The median home price for Germantown homes is $319,000, which is 9.8% higher than the Maryland average. If we take a closer look at the affordability of homes in Germantown, we’ll see that the home price to income ratio is 3.7, which is 2.6% lower than the Maryland average. For most people, purchasing a new home is the biggest investment they will make in their lifetime. Taking a look at overall real estate appreciation rates in Germantown will offer some insight into determining if your home purchase will be a solid investment for years to come. In Germantown, the year-over-year appreciation rates were 3.5%, and the 5 year appreciation rates came in at 3.9%.
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