Living in Aspen Hill, Maryland
Cost of living, income, home prices, rent and demographics of Aspen Hill · Census data 2020–2024
Aspen Hill has 53,279 residents with a median age of 37.9. The median household income is $111,575 (8% higher than the Maryland median), the median home value is $570,000, the median rent is $1,916/month.
Aspen Hill at a glance
- Population
- 53,279
- Median age
- 37.9State: 39.4
- Median household income
- $111,575State: $103,678
- Median home value
- $570,000State: $419,900
- Median rent
- $1,916/moState: $1,705
- Homeowners
- 64.7%
- Bachelor's degree or higher
- 43.3%
- Average commute
- 34 min
Is Aspen Hill a good place to live?
Pros: Median household income 8% higher than the Maryland median.
Cons: Home values 36% higher than the state median; an average commute of 34 minutes; unemployment of 7%; a poverty rate of 9.7%.
The weather is best in May–June and August–September.
Cost of living in Aspen Hill
Housing is the biggest part of the cost of living. In Aspen Hill the median home value is $570,000, 71% higher than the U.S. median. Renters pay a median of $1,916 per month, which is 33.7% of household income. Homeowners with a mortgage pay $2,593 a month in housing costs.
Aspen Hill median household income
The median household income in Aspen Hill is $111,575 and the income per person is $46,464. 9.7% of residents live below the poverty line (Maryland: 9.4%).
Housing in Aspen Hill: homes for sale and rent
- Housing units
- 17,795
- Owner-occupied
- 64.7%
- Renter-occupied
- 35.3%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 3.10
Aspen Hill demographics
- Population
- 53,279
- Median age
- 37.9
- Under 18
- 25.6%
- 65 and older
- 15.2%
- Households
- 17,074
- Foreign-born
- 40.6%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Aspen Hill ›
Education in Aspen Hill
43.3% of adults 25 and older in Aspen Hill have a bachelor's degree or higher (Maryland: 43.4%), and 21.3% have a graduate or professional degree.
Jobs and commute in Aspen Hill
- Unemployment rate
- 7%State: 4.9%
- Average commute
- 34 minState: 31 min
- Work from home
- 23%
- Drive alone
- 53.7%
- Public transit
- 8.5%
- Walk to work
- 1.3%
- Homes with broadband
- 94%
Aspen Hill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Aspen Hill | 53,279 | $111,575 | $570,000 | $1,916 |
| Leisure World | 8,882 | $62,011 | $274,800 | $2,054 |
| Layhill | 5,497 | $146,308 | $608,000 | $2,189 |
| Glenmont | 17,208 | $126,542 | $571,200 | $2,028 |
| Wheaton | 52,926 | $111,478 | $501,200 | $2,163 |
| Olney | 35,797 | $171,458 | $656,600 | $2,404 |
| North Kensington | 8,954 | $135,040 | $576,700 | $1,828 |
| Derwood | 1,984 | $118,194 | $719,800 | $1,676 |
| Rockville | 67,671 | $128,649 | $682,300 | $2,274 |
More for people moving to Aspen Hill
Aspen Hill ZIP code ›Weather and climate ›Living in Aspen Hill: FAQ
What is the median household income in Aspen Hill, MD?
The median household income in Aspen Hill is $111,575, 8% higher than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Aspen Hill?
The median home value in Aspen Hill is $570,000, compared with $419,900 in Maryland.
How much is rent in Aspen Hill?
The median gross rent in Aspen Hill is $1,916 per month, about 33.7% of household income.
Is Aspen Hill, MD a good place to live?
Pluses: median household income 8% higher than the Maryland median. Minuses: home values 36% higher than the state median; an average commute of 34 minutes; unemployment of 7%; a poverty rate of 9.7%.
What is the median age in Aspen Hill?
The median age in Aspen Hill is 37.9 years (Maryland: 39.4).
How long is the commute in Aspen Hill?
The average commute to work in Aspen Hill is 34 minutes; 23% of workers work from home.
What is the unemployment rate in Aspen Hill?
The unemployment rate in Aspen Hill is 7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Aspen Hill?
43.3% of adults in Aspen Hill have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: