Best Places for Business and Careers 2014

Bethesda, MD

Bethesda-Rockville-Frederick, MD
the place image

Bethesda, MD

Bethesda-Rockville-Frederick, MD
gross metro product
$82.6B
population
1.3M
median household income
$91,968
median home price
$401,300
cost of living
28.3% above nat'l avg
college attainment
53.4%
net migration
1,400 (year: 2013)
unemployment
4.5%
major industries
Technology, Energy, Telecommunications
job growth
0.9% (year: 2013)
As of July 2014
The National Institutes of Health main campus and the National Naval Medical Center are both located in Bethesda, as are a number of corporate and government headquarters. The west side of downtown Bethesda, Bethesda Row is a vibrant district comprised of many book shops, a cinema, and dozens of shops and restaurants. Also located in downtown Bethesda is one of the Madonna of the Trail monuments, erected by the National Old Trails Association working in concert with the Daughters of the American Revolution. Another
significant point of interest is the Capital Crescent Trail which follows the old tracks of the B&O Railroad stretching from Georgetown, Washington, D.C., to Silver Spring, MD.
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By The Numbers
EmploymentHousingEducationQuality of Life
Job Growth
0.9% (year: 2013)
Projected Annual Job Growth
1.7%
Unemployment
4.5%
Median Household Income
$91,968
High-Tech Employment
10.5%
  • Data is for the metro area
  • Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
  • Numbers as of October 2019


  • a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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