What percentage of people rent in Aspen Hill, MD?
35.3% (±2.9 points) of the occupied homes in Aspen Hill, MD are rented (2020–2024 American Community Survey).
That is 6,019 renting households against 11,055 that own their home.
In Aspen Hill, the share of households that rent went from 34.4% in 2015–2019 to 35.3% in 2020–2024 (+0.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 35.3% (±2.9 points)
- Renting households
- 6,019 (±638)
- Median renter income
- $66,075 (±$6,233)
Who rents and who owns in Aspen Hill
| Aspen Hill | Montgomery County | Maryland | United States | |
|---|---|---|---|---|
| Renter-occupied share | 35.3% (±2.9 points) | 34.7% (±0.6 points) | 32.4% (±0.3 points) | 34.8% |
| Renting households | 6,019 (±638) | 135,071 (±2,368) | 765,363 (±6,619) | 45,017,354 |
| Owning households | 11,055 (±536) | 254,139 (±2,460) | 1,597,565 (±8,362) | 84,210,142 |
| Average renter household size | 3.2 (±0.3) | 2.5 (±0.0) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.1) | 2.9 (±0.0) | 2.7 (±0.0) | 2.6 |
| 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 |
In Aspen Hill, the renter share is not measurably different from Montgomery County (34.7%).
It is not measurably different from Maryland (32.4%).
It is not measurably different from the national figure (34.8%).
In Montgomery County, Aspen Hill ranks 14 of 59 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 127 of 388.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Aspen Hill has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.4% (±1.8 points) | 35.3% (±2.9 points) | +0.9 percentage points | Not a measurable change |
| Median gross rent | $1,684 (±$58) | $1,916 (±$94) | +13.8% | Down after inflation |
| Median household income | $87,055 (±$3,146) | $111,575 (±$6,608) | +28.2% | No measurable change 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.
Households that rent in places near Aspen Hill
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Aspen Hill | — | 35.3% (±2.9 points) | — |
| Leisure World | 1.0 mi | 17.5% (±5.1 points) | Lower |
| Layhill | 2.3 mi | 15.2% (±7.4 points) | Lower |
| Glenmont | 2.5 mi | 36.0% (±4.8 points) | Not measurably different |
| Wheaton | 3.3 mi | 35.4% (±3.2 points) | Not measurably different |
| Olney | 3.5 mi | 10.8% (±2.4 points) | Lower |
| North Kensington | 3.8 mi | 21.9% (±6.0 points) | Lower |
| Derwood | 3.9 mi | 42.0% (±10.1 points) | Not measurably different |
| Rockville | 4.0 mi | 47.4% (±2.2 points) | Higher |
Nearby places with a measurably lower figure: Leisure World, MD (17.5%), Layhill, MD (15.2%), Olney, MD (10.8%).
Nearby places with a measurably higher figure: Rockville, MD (47.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Montgomery County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 8 | Rockville | 47.4% (±2.2 points) |
| 9 | Takoma Park | 45.8% (±3.9 points) |
| 10 | Derwood | 42.0% (±10.1 points) |
| 11 (tie) | Bethesda | 36.0% (±1.6 points) |
| 11 (tie) | Glenmont | 36.0% (±4.8 points) |
| 13 | Wheaton | 35.4% (±3.2 points) |
| 14 | Aspen Hill | 35.3% (±2.9 points) |
| 15 | Forest Glen | 33.7% (±9.6 points) |
| 16 | Germantown | 32.8% (±2.2 points) |
| 17 | Montgomery Village | 32.5% (±4.1 points) |
| 18 | Calverton | 30.8% (±4.4 points) |
| 19 | Redland | 25.6% (±4.7 points) |
| 20 | Chevy Chase (community) | 24.1% (±5.0 points) |
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
How many renters are there in Aspen Hill?
Aspen Hill has an estimated 6,019 (±638) renting households, 35.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Aspen Hill?
In Aspen Hill, the share of households that rent went from 34.4% in 2015–2019 to 35.3% in 2020–2024 (+0.9 percentage points), not a measurable change.
How big are renting households in Aspen Hill?
A renting household in Aspen Hill has 3.2 people on average, against 3.0 in an owned home.
How much do renters earn in Aspen Hill?
The median renting household in Aspen Hill, MD has an income of $66,075 (±$6,233) a year, against $153,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Aspen Hill CDP, Maryland
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Aspen Hill CDP, Maryland
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Aspen Hill CDP, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Aspen Hill CDP, Maryland
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Aspen Hill CDP, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
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- Income and affordability in Aspen Hill
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- Bedrooms in Aspen Hill
- Age of homes in Aspen Hill
- Vacancy rate in Aspen Hill
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- Population growth in Aspen Hill
- How long people stay in Aspen Hill
- Crowding and facilities in Aspen Hill
- Fair Market Rent in Aspen Hill
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Maryland places ranked by share of renters
- Housing data for every place in Maryland