2025 Compare Cities Economy:
Germantown, MD vs Wake Forest, NC

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Highlights
- Household income in Wake Forest, is 0% less than it is in Germantown and is 34% above the National Average.
- Germantown unemployment rate is 5.7%.
- Wake Forest unemployment rate is 3.6%.
 Germantown, MDWake Forest, NCUnited States
 Unemployment Rate  Unlock3.6%6.0%
 Recent Job Growth  Unlock3.0%1.6%
 Future Job Growth31.0%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$43,670  Unlock$37,638
 Household Income  Unlock$104,006$69,021
 Family Median Income$111,387  Unlock$85,028
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 Est. Households By Income
 Germantown, MDWake Forest, NCUnited States
 Income Less Than 15K  Unlock2.8%9.4%
 Income between 15K and 20K1.5%  Unlock3.8%
 Income between 20K and 30K  Unlock3.4%8.1%
 Income between 30K and 40K4.5%  Unlock8.0%
 Income between 40K and 50K  Unlock8.8%7.6%
 Income between 50K and 60K5.7%  Unlock7.2%
 Income between 60K and 75K  Unlock6.7%9.6%
 Income between 75K and 100K14.2%  Unlock12.8%
 Income between 100K and 150K  Unlock23.0%16.3%
 Income between 150K and 200K12.0%  Unlock7.8%
 Income greater than 200K  Unlock13.2%9.5%
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 Population By Occupation
 Germantown, MDWake Forest, NCUnited States
 Management, business, finance19.1%  Unlock16.4%
 Engineering, computers, science  Unlock11.1%6.5%
 Community, social services2.3%  Unlock1.8%
 Legal  Unlock1.3%1.2%
 Education, library6.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology4.6%  Unlock6.2%
 Healthcare support  Unlock1.4%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock3.0%5.4%
 Building maintenance3.8%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support19.2%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.4%0.6%
 Construction, extraction, maintenance/repair4.9%  Unlock8.1%
 Production, transportation, material moving  Unlock6.4%13.1%
Reviews for Germantown    8 Reviews

When I first moved to Germantown, this city was up and coming. It still felt like the country and the air was breathable and not as much traffic. That was in 2010. In 3  More

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Over 12 years ago

Montgomery County is not a dog friendly place if you own pets. The dog regulations do not favor the dog or dog owner and one should consider Frederick, Howard or Carroll  More

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Over 13 years ago

Everything costs more here because of the proximity to Washington D.C. I came from Long Island, NY where it was also expensive. Since I've been here costs go up, but  More

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Reviews for Wake Forest    5 Reviews

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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