What is the median household income in Aspen Hill, MD?

The median household income in Aspen Hill, MD is $111,575 (±$6,608) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,916 a month would take about $76,600 a year at the common guideline of spending no more than 30% of income on rent.

In Aspen Hill, the median household income went from $87,055 in 2015–2019 to $111,575 in 2020–2024 (+28.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median household income
$111,575 (±$6,608)
Median renter income
$66,075 (±$6,233)
Income to afford median rent
about $76,600

Income in Aspen Hill against Montgomery County, its state and the nation

Income, estimate (90% margin of error)
Aspen HillMontgomery CountyMarylandUnited States
Median household income$111,575 (±$6,608)$132,450 (±$2,073)$103,678 (±$597)$80,734
Median renter household income$66,075 (±$6,233)$79,810 (±$1,782)$62,703 (±$866)$52,966
Median owner household income$153,750 (±$6,167)$172,408 (±$2,055)$129,423 (±$883)$100,009
Median gross rent$1,916 (±$94)$2,068 (±$20)$1,705 (±$8)$1,413

In Aspen Hill, median household income is lower than in Montgomery County ($132,450).

It is also higher than in Maryland ($103,678).

It is higher than the national figure ($80,734).

In Montgomery County, Aspen Hill ranks 51 of 59 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 178 of 385.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Aspen Hill

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,916 a month ($22,992 a year) needs an income of about $76,600 a year.

The median renting household in Aspen Hill earns $66,075 a year, less than that.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$87,055 (±$3,146)$111,575 (±$6,608)+28.2%No measurable change after inflation
Median gross rent$1,684 (±$58)$1,916 (±$94)+13.8%Down after inflation
Median home value$423,300 (±$5,856)$570,000 (±$13,977)+34.7%Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Aspen Hill

Nearest places with a published estimate, compared with Aspen Hill
PlaceDistanceMedian household incomeCompared with this place
Aspen Hill—$111,575 (±$6,608)—
Leisure World1.0 mi$62,011 (±$10,364)Lower
Layhill2.3 mi$146,308 (±$23,034)Higher
Glenmont2.5 mi$126,542 (±$14,976)Not measurably different
Wheaton3.3 mi$111,478 (±$8,996)Not measurably different
Olney3.5 mi$171,458 (±$6,994)Higher
North Kensington3.8 mi$135,040 (±$24,460)Not measurably different
Derwood3.9 mi$118,194 (±$60,937)Not measurably different
Rockville4.0 mi$128,649 (±$7,642)Higher

Nearby places with a measurably lower figure: Leisure World, MD ($62,011).

Nearby places with a measurably higher figure: Layhill, MD ($146,308), Olney, MD ($171,458), Rockville, MD ($128,649).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Montgomery County, place by place

RankPlaceMedian household income
45Derwood$118,194 (±$60,937)
46Germantown$117,546 (±$5,406)
47Burnt Mills$113,463 (±$7,721)
48Flower Hill$112,975 (±$12,632)
49Ten Mile Creek$112,625 (±$88,076)
50Gaithersburg$112,467 (±$6,406)
51Aspen Hill$111,575 (±$6,608)
52Wheaton$111,478 (±$8,996)
53Takoma Park$108,136 (±$12,683)
54Calverton$107,381 (±$8,559)
55Silver Spring$99,860 (±$7,677)
56Fairland$98,800 (±$10,410)
57Montgomery Village$95,348 (±$9,611)

Showing 13 of 59 places in Montgomery County, ranked from highest to lowest.

Aspen Hill is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Aspen Hill

What is the median household income in Aspen Hill?

The median household income in Aspen Hill is $111,575 (±$6,608) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Aspen Hill?

About $76,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,916 a month.

Have incomes in Aspen Hill kept up with inflation?

In Aspen Hill, the median household income went from $87,055 in 2015–2019 to $111,575 in 2020–2024 (+28.2%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in Aspen Hill?

The median renting household in Aspen Hill, MD earns $66,075 (±$6,233) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Aspen Hill CDP, Maryland (place:02825, in state:24).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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