Bethesda, Maryland
What It Is Like to Retire in Bethesda
Bethesda is one of the most affluent suburbs in the country, located just to the north of and bordering on Washington, D.C. The population is 60,000 and the median household income is over $135,000. Photo of An aerial view of National Institutes of Health in Bethesda, Maryland, courtesy of Wikipedia and U.S. Dept. of Health and Human Services (public domain); photo of Walter Reed National Military Medical Center in 2011, courtesy of Wikipedia and United States Army (public domain).
Where to Retire in Bethesda and Home Prices
There are active communities in the area, albeit with more of an urban slant (See link at left). Zillow.com reports the median home value was $1,049,548. in mid-2021. The National Association of Realtors reports the median sale price in the Washington Metro area was $571,500 in the 2nd quarter of 2021. Real estate taxes on a $200,000 home (assuming you could find one!) would be less than $2000.
What Is Special about Bethesda
You are a bus ride away from Washington D.C. and its many attractions, but you escape some of the crime.
What Is Not Special about Bethesda
It is frightfully expensive to live in Bethesda, and traffic and congestion can be bad.
Who Will Like Retirement in Bethesda
Those who want to live in an urban community in the Washington metro area, with great restaurants, shopping, an art district and health care facilities, would enjoy living in Bethesda.
Local Economy Is Driven by
Bethesda is home to many corporate and government headquarters, health and bioresearch centers, and professional and scientific services.
Climate and Physical Environment
January's average temperature is 38 degrees, with July's average temperature at 79 degrees.
Restaurants & Cultural Scene
Bethesda has over 200 restaurants, and its Arts and Entertainment District hosts art galleries, live theater, music and dance studios.
Crime
Bethesda has a low crime rate.
Medical facilities
Suburban Hospital, a member of Johns Hopkins Medicine, services the area. Walter Reed National Military Medical Center is located here.
Transportation
Washinton's Metro services Bethesda. The town is about average for walkability when compared to other towns.
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