x
Breaking News
More () »

Forbes: Gaithersburg among top retirement places

The City of Gaithersburg, Md. was named one of the top 25 best suburbs for retirement this year by Forbes.
SLUG: ST/KENTLANDS Andres Duany, mastermind of the original "charrette" group that designed Kentlands, in Gaithersburg, is back with his old group and some new blood in attempt to fix some of the problems with the area that have developed in the last fifteen years. Pictured, Kentlands town center, designed to have an urban feel even though it is a self contained exurban development.

GAITHERSBURG, Md. (WUSA9) -- The City of Gaithersburg, Md. belongs to one of the top 25 best suburbs for retirement this year, according to Forbes.

There were no rankings associated with the list. The suburbs were just placed in alphabetical order.

In order to qualify, the suburbs had to be within 35 miles of a major city. Some of the other criteria that was looked included a median home value of $300,000 or less, a stable economy based on the unemployment rate and job growth rankings, an assessment of the state's tax climate for retirees, rates of serious crime, presence of hospitals and colleges, air quality, and access to mass transit.

The following information was on the Forbes website regarding Gaithersburg: "Nineteen miles northwest of Washington and thus outside the Beltway, town of 63,000 has rush-hour rail service to D.C. while sitting near the end of the capitol's subway system. Hospital and college campuses nearby. Median home price is $270,000. Cost of living is 17% above national average, but D.C.-area economy has low unemployment rate."

"With easy access to an extensive transportation system, enriching cultural and educational programs both locally and regionally, a lively new dining scene, and a number of new neighborhoods currently under construction that suit an active retirement lifestyle, Gaithersburg is an ideal place to spend your entire life," said Mayor Sidney Katz.

If you would like to see more of the 2014 Best Suburbs for Retirement list go to: http://on.wusa9.com/1g1nXwe

Learn more about the City of Gaithersburg by visiting: http://www.gaithersburgmd.gov/

Before You Leave, Check This Out