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Aspen Hill, Maryland Demographics & Population 2026

Highly DiverseNo single racial/ethnic group makes up a majority of the population

During the 2020–2024 ACS period, Aspen Hill, Maryland had a total population of 53,279, the 17th largest community in Maryland, with a median household income of $111,575, which is 8% higher than the state average. The poverty rate is 9.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Aspen Hill Quick Facts

Population 53,279
Median Household Income $111,575
Median Home Value $570,000
Poverty Rate 9.7%
Unemployment Rate 7.0%
Median Age 37.9 years
Homeownership Rate 64.8%
Affordability Ratio 5.1x
Bachelor's Degree or Higher 43.3%
High School Graduation Rate 84.6%
Diversity Index 73/100
Population 53,279 17th of 527
Median Income $111,575 average
Poverty Rate 9.7% 22% lower than national
Median Home Value $570,000 top 20%

How Aspen Hill Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population53,75253,279-0.9%
Median household income$109,026$111,575+2.3%
Median home value$538,000$570,000+5.9%

How Aspen Hill Compares

Economy & Housing

Household Income Distribution

Under $25K 10.6%
$25K-$50K 9.5%
$50K-$100K 23.4%
$100K+ 56.5%
Detailed income brackets
Under $10K
3.7%
$10K-$15K
3.7%
$15K-$20K
2.0%
$20K-$25K
1.2%
$25K-$30K
1.7%
$30K-$35K
1.4%
$35K-$40K
1.7%
$40K-$45K
1.5%
$45K-$50K
3.2%
$50K-$60K
5.5%
$60K-$75K
7.4%
$75K-$100K
10.5%
$100K-$125K
11.1%
$125K-$150K
6.8%
$150K-$200K
15.0%
$200K+
23.6%

Employment

7.0% Unemployment Rate State: 4.9%|National: 5.2%
71.9% Labor Force Participation

Housing Overview

Owner 64.8%
Renter 35.3%
Affordability Index Expensive
5.1x home value to income ratio
Median gross rent $1,916/mo 20.6% of median household income annually

People & Demographics

Diversity Index

73out of 100
Very High Diversity

This community is exceptionally diverse, with no single racial or ethnic group dominating the population.

State average: 68 | National average: 61

Education

Aspen Hill Rankings in Maryland

#17 Population of 527
#205 Median Income of 463
#182 Education of 527
#84 Home Value of 471

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Germantown 90,719 $117,546 8.8% $422,400
Silver Spring 81,462 $99,860 10.6% $643,300
Gaithersburg 69,825 $112,467 8.8% $496,500
Bethesda 69,397 $192,237 4.3% $1,169,900
Rockville 67,671 $128,649 7.6% $682,300
Wheaton 52,926 $111,478 13.1% $501,200
North Bethesda 49,677 $129,092 5.2% $731,800
Potomac 45,902 $236,675 3.9% $1,157,000
Olney 35,797 $171,458 4.3% $656,600
Montgomery Village 34,110 $95,348 13.1% $388,900

Cities Similar to Aspen Hill

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Wheaton52,926$111,478$501,20038.7%13.1%
Bel Air South58,137$123,653$405,90049.4%3.9%
North Bethesda49,677$129,092$731,80075.1%5.2%
Towson58,679$101,320$469,00069.3%12.1%
Severn58,402$134,423$479,20046.1%5.7%

Population Overview

Aspen Hill is a mid-sized community located in Maryland, within Montgomery County. The total population is 53,279. It ranks as the 17th most populous out of 527 Census-designated places in Maryland.

Age Demographics

The median age in Aspen Hill is 37.9 years. This is 4% lower than the state median of 39.4 years.

Economy, Income & Housing

The median household income in Aspen Hill is $111,575. This is 8% higher than the state median of $103,678. It is also 38% higher than the national median of $80,734. The poverty rate stands at 9.7%. This is 3% higher than the state poverty rate of 9.4%. The unemployment rate is 7.0%. This is 43% higher than the state rate of 4.9%. The median home value is $570,000. Housing costs are 36% higher than the state median of $419,900. The home-value-to-income ratio is 5.1x. 64.8% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 67.6%.

Race & Ethnicity

Aspen Hill is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. White (non-Hispanic) residents account for 31.3%. The Hispanic or Latino population is significantly higher than the state average (36.6% vs 12.5%).

Education

43.3% of residents aged 25 and older hold a bachelor's degree or higher. This is about the same as the state rate of 43.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.6%. Notably, 21.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Aspen Hill, Maryland is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Maryland state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 527 Census-designated places in Maryland. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Aspen Hill, Maryland?

Aspen Hill, Maryland has a population of 53,279 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Aspen Hill is $111,575, which is 38% higher than the national median of $80,734.

What is the poverty rate in Aspen Hill, MD?

The poverty rate in Aspen Hill is 9.7%. This means approximately 5,141 residents live below the federal poverty line.

What is the racial makeup of Aspen Hill, Maryland?

Aspen Hill's population is 31.3% White, 15.2% Black, 36.6% Hispanic/Latino, and 9.4% Asian.

What is the median home value in Aspen Hill, MD?

The median home value in Aspen Hill is $570,000. The home-value-to-income ratio is 5.1x.

How educated is Aspen Hill, Maryland?

43.3% of adults (25+) in Aspen Hill hold a bachelor's degree or higher, and 21.3% hold a graduate or professional degree.