CNN Money voted Bethesda one of the Top 100 Best Places to Live and Launch in 2008. 

From CNN Money
By Kelsey Abbott

Bethesda boasts one of the country's best-educated populations for a city of 50,000 or more: more than 80% of its residents have at least a bachelor's degree. Low crime, rapid job growth and easy access (at least without rush-hour traffic) to airports and downtown Washington D.C. make Bethesda attractive to many entrepreneurs - and business opportunities up the appeal.

Three of the area's business innovation centers are within six miles of the town. Not only can tech startups rent the space and share facilities (video conferencing and the reception area, for instance), the county will provide legal counsel through lawyers at the University of Maryland and fiscal advice from financial services companies. While some owners say that navigating Montgomery County's various regulations can make launching tricky, the county eases the process for eligible firms with tax credits for creating jobs, expanding, and - if you're an artist - simply living and working in Bethesda.

The city also is a foodie hub, with over 250 restaurants. Every year, thousands of guests attend the annual Taste of Bethesda festival, where they're treated to dishes from dozens of local restaurants and music performances on four stages.

Bethesda Schools

The Montgomery County Public School System is ranked among the highest in the country and currently have Three of the Top 100 High Schools as listed by U.S. News and World Report.  Bethesda is home to one of those schools, Walt Whitman High School where 88% of students attend 4 Year Colleges or Universities.  Montgomery County Public Schools also offers special programs including magnet programs in both Middle School and High School.  They have lottery based immersion programs in Spanish, Chinese and French.