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EconPulse

Local economy signal dashboard

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PLACEThriving

Germantown, MD

Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score72out of 100
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69
71
58
71
100

Population

90,719

Data freshness

Unknown

GDP / Output

+4.3% YoY

69

$117.4B

Output changed +4.3% in 2024.

Vintage date unknown

State growth6.0%
U.S. growth5.3%

Jobs

Unemployment rate

71

3.7%

Unemployment is 3.7% for June 2026.

Vintage date unknown

State avg4.3%
U.S. avg5.2%

Population

+1.3% 5-year

58

90,719

Population moved +1.3% over the latest ACS window.

Vintage date unknown

State population6,206,011
U.S. population334,922,499

Housing

Rent share of income

71

20.8%

Median rent consumes 20.8% of median household income: Affordable.

Vintage date unknown

State rent$1.7K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$17.0K per resident

100

$18.0B

$18.0B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$105.7B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$18.0B

$17.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$4.7B
2. Department of Health and Human Services$4.2B
3. Department of Defense$2.7B

Top recipients

Dollars
1. OPTUM PUBLIC SECTOR SOLUTIONS, INC.$1.3B
2. X ENERGY, LLC$636.7M
3. BAE SYSTEMS TECHNOLOGY SOLUTIONS & SERVICES INC.$576.6M

Affordable

Housing Affordability

20.8%

of median income

1BR estimate$1,673
2BR estimate$2,203
Median income$117,546
Median home value$422,400

ACS context

Quick Facts

Population

90,719

Median age

37.5

Bachelor's degree+

50.4%

Poverty rate

8.8%

Labor force participation

73.3%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.3%

GDP CAGR

+4.6%

Federal flow

5 years

Population (5 years)
202089,529
202190,235
202290,210
202390,521
202490,719
GDP (5 years)
2020$93.9B
2021$100.1B
2022$105.6B
2023$112.5B
2024$117.4B

2-year linear forecast

Predictive Outlook

Population forecast

202490,719
202591,043 *
202691,309 *

R² = 87.2% · * projected

GDP forecast

2024$117.4B
2025$123.7B *
2026$129.7B *

R² = 99.8% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$117,546/yr
Median rent$2,040/mo
Rent share of income20.8%
Est. mortgage (30yr, 6.5%)$25,631/yr
Mortgage share of income21.8%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.7%
State avg4.3%
U.S. avg5.2%
Labor force participation73.3%
Poverty rate8.8%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$422,400
Median monthly rent$2,040
Price-to-rent ratio17.3x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score68/100
Economic growth69/100
Labor market71/100
Population momentum58/100
Overall stability72/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Germantown CDP, Maryland

City/Town

Part of

Washington-Arlington-Alexandria, DC-VA-MD-WV

Nearby locations

Montgomery Village, MDClarksburg, MDGaithersburg, MDTen Mile Creek, MDFlower Hill, MD