10 Interesting Reasons To Move to Bethesda, Maryland

  • Author: Devin Henry
  • Last Updated: April 10, 2023
Table of Contents

Bethesda is one of the hottest towns to live in Maryland. There are so many reasons that people are relocating to Bethesda in droves.

Home to about 65,000 residents, Bethesda provides close proximity to Washington D.C. with a suburban population. At the same time, the small urban center is a short drive away from popular Maryland and Virginia beaches.

Further, there are amazing job opportunities available with a minimal commute. Bethesda itself is the home of a number of established firms, and it’s proximity to Washington D.C. and Northern Virginia make it a great option for professional-minded folks looking for a large selection of job opportunities.

  1. Job Opportunities
  2. Income Levels
  3. Age Demographics
  4. College-Educated Population
  5. Proximity to the City Without the Hassle
  6. Arts and Culture
  7. Fitness and Walkability
  8. Enjoy Nature
  9. Great Food
  10. Public Transportation

Read on as we explore 10 reasons to move to Bethesda.

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1. Job Opportunities

Bethesda is an integral part of Montgomery County in Maryland. Montgomery County enjoys a 2.7 percent unemployment rate, which is significantly below the national average.

This fact comes as no surprise given the great employers doing business in Bethesda. For example, Lockheed Martin and Marriott International both have a large footprint here. Other prominent employers include the Department of Defense and a John Hopkins hospital.

Jobs that are possible when you move to Bethesda

2. Income Levels

The citizens of Bethesda earn a good wage working for these companies. In fact, the median income in Bethesda is nearly $155,000.

The bottom line is that Bethesda’s citizens are earning Washington D.C. wages. However, they live outside the chaotic city and its high cost of living.

3. Age Demographics

Bethesda is an appealing place for young people. This is true for a wide range of Millennials and Generation Z.

The median age in Bethesda is 43 years old. This means there are plenty of young people enjoying a vibrant urban center.

It is also a great place to start a family. You will be surrounded by young couples that are having children and living the American dream.

Family in Bethesda park.

4. College-Educated Population

Thanks to the prominent employers and young population, the vast majority of residents are college-educated. In fact, nearly 84 percent of residents possess a Bachelor’s Degree or higher.

What does this mean for you? It means that you will be surrounded by neighbors likely to share your values.

A college education has other positive effects such as lower crime rates and high wage growth. These are the perfect ingredients for a young family to establish roots and have a family.

5. Proximity to the City Without the Hassle

Washington D.C. is one of the greatest cities in the world. Tourists flock to D.C. from all over the world. They want to see the White House or the Washington Monument. There is so much culture and history to take in.

However, living within its borders is not the ideal situation for everyone. For this reason, many people choose to settle down in Bethesda. Here, you can enjoy the culture and excitement of city living.

At the same time, Bethesda still maintains a small-town feel. There are quaint neighborhoods with beautiful Colonial and Cape Cod-style homes for sale.

Beautiful view of DC

6. Arts and Culture

You do not need to travel into the city to experience arts and culture. The good news is that Bethesda has a wealth of live entertainment.

There are always festivals and special events happening. In addition, there are the Strathmore and Round House theater.

At the Strathmore, you can see amazing shows like the Nutcracker or Russian ballet. With such a vibrant arts scene, it is no surprise that Bethesda is so appealing to young people.

Another option is to go on the self-guided Bethesda Art Walk. Here, you can check out local art galleries and get your fix of paintings, photography, and more.

7. Fitness and Walkability

While close to Washington D.C. and having its own urban feel, Bethesda retains that small-town feel. One example of this are the amazing trails for bikers and hikers alike.

The Capital Crescent Trail (CCT) is one of the most popular in the city. This trail is entirely car-free and is 11-miles long.

Better yet, the CCT connects various employers, residences, and commercial centers. Tens of thousands of people use the CCT to travel between downtown Bethesda and Washington D.C.

For those that get tired of the CCT, you can switch it up and use the Bethesda Trolley Trail. This 4-mile trail is great for bikers and pedestrians.

Person on walk through Bethesda.

8. Enjoy Nature

We have made it clear that Bethesda gives you a small-town feel. This is evidenced by the abundance of parks and natural beauty.

The best example of this is the Carderock Recreation Area. Carderock is part of the Chesapeake and Ohio Canal National Park.

This 100-acre park is so popular that people from all over the mid-Atlantic region come to check it out. Carderock has so much to offer from boating to rock climbing.

9. Great Food

Bethesda is also known for its stellar food scene. There are so many great restaurants to choose from. You can enjoy food from any culture including Lebanese, Mexican, or Italian.

Some restaurants that come highly recommended are Tia Queta, Le Panetteria, or Olazzo. Bethesda Row gives residents many local options for bars and restaurants. Just another reason why Bethesda is so popular amongst young people.

Family out at a meal in Bethesda

10. Public Transportation

Bethesda prides itself on public transportation. The metro station is conveniently located downtown. It handles approximately 15,000 travelers on the average weekday.

The intent here is to reduce traffic coming in and out of the greater Washington D.C. area. As mentioned earlier, the CCT is a car-free option that allows residents to bike to work.

There are many other options including buses and ride-sharing companies. Another alternative is the Bethesda Circulator and a number of other metro stations.

A Recap of the Top 10 Reasons to Move to Bethesda, Maryland

There are clearly many reasons why Bethesda, Maryland is so popular. The nightlife is hot with many options for dining, theater, and art.

Bethesda is a tight-knit community with immediate proximity to Washington D.C. Job opportunities are plentiful and the local economy is robust.

If you are interested in learning more about reasons to move to Bethesda, Maryland, contact us today for real estate advice.

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Your portal includes a selection of extremely useful reports. Reports are available in the “Reports” section, and are distinct from the financial statements. Unlike financial statements which are static records, Reports are dynamic real-time records that will update with current data every time you view them. 

Scroll down to learn more about Reports:

Navigate to the "Reports" module in your portal:

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Enhanced Rent Roll Report:

Enhanced Rent Roll Report
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Unit Comparison Report
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Income Statement by Month Report
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The Documents area contains monthly financial statements:

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Download a statement to see month and YTD financials:

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Month over Month Statement

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You can use your owner portal to communicate with our team. Any messages you send through the portal will go straight to your Account Manager. When we reply, you’ll get an email notification and you’ll also see the message in your portal next time you log in. 

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Click "Communications" and navigate to "Conversations":

Commincation Dashboard Screenshot
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Owner Portal New Message Screenshot

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Portal Conversation Response Screenshot
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Portal Conversation Snapshot

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Please scroll through the sections below to get a better understanding of how to interpret the ledger. 

By default, transactions are sorted chronologically:

Owner Ledger Dates
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Ledger Property Column
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Owner Ledger Description Column
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The Amount column shows the dollar value of each transaction:

Owner Ledger Amount Column
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Owner Ledger Account Balance Column
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Navigating the Propertyware Owner Portal

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Scroll through the snapshots below for an overview of portal navigation! If you need more help or have specific questions about using the portal, you can reach out to your Account Manager any time for a screen share. 

You can filter all info by date range or property:

PW Portal Filters

View a snapshot of income and expenses on your dashboard:

PW Owner Dashboard View

See every transaction in real-time on your ledger:

Owner Portal Ledger View

Statements and forms will be posted to your documents library:

Owner Portal Document Library

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Portal Reports View

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Owner Portal Bills View

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Portal Bill Details

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Owner Portal Communication Tools

How do net distributions work?

Net distributions keep your accounting clean and simple. Each month we’ll collect rent from the tenants, deduct any repair expenses for the previous month and any management/leasing fees for the current month, and credit the remaining net operating income to your account. 

Net Distribution

You’ll receive a statement via email each time a net distribution is processed, and can view all transaction details in your Propertyware owner portal.