Aspen Hill, MD Profile: Facts & Data

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Aspen Hill, Maryland - Basic Facts

The Aspen Hill CDP(1) had a population of 51,279 as of July 1, 2023. Aspen Hill ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maryland. See peer rankings below.

The primary coordinate point for Aspen Hill is located at latitude 39.0796 and longitude -77.073 in Montgomery County. The formal boundaries for the Aspen Hill Census Designated Place encompass a land area of 9.62 sq. miles and a water area of 0.08 sq. miles. Montgomery County is in the Eastern time zone (GMT -5).

The Aspen Hill Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Aspen Hill Census Designated Place is located within District 13, a minor civil division (MCD) of Montgomery County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Aspen Hill 2023 Demographic Data
  2. Growth Rates for Aspen Hill (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Maryland Research Tools (Easy Tools & Current Data)
  3. Maryland Data Comparison Tool - 2023 Demographics
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Aspen Hill, MD Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 51,279 (100%)
Population in Households 50,816 (99.1%)
Population in Families 41,743 (81.4%)
Population in Group Quarters1 463 ( 0.9%)
Population Density 5,399
Diversity Index2 88
 
 

INCOME

Median Household Income $97,252
Average Household Income $141,135
% of Income for Mortgage4 30%
Per Capita Income $45,652
Wealth Index5 159
Socioeconomic Status Index6 Moderate (47.2)
 

HOUSING

Total HU (Housing Units) 17,332 (100%)
Owner Occupied HU 11,025 (63.6%)
Renter Occupied HU 5,555 (32.1%)
Vacant Housing Units 752 ( 4.3%)
Median Home Value $486,608
Average Home Value $539,102
Housing Affordability Index3 81
 

HOUSEHOLDS

Total Households 16,580
Average Household Size 3.06
Family Households 11,682
Average Family Size 4.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.13% -0.20%
Households -0.24% -0.22%
Families   -0.14%
Median Household Income   2.10%
Per Capita Income   2.52%
Owner Occupied HU   0.04%

Aspen Hill, MD - Peer Comparisons by Rank and Percentile

The table below compares Aspen Hill to the other 536 incorporated cities, towns and CDPs in Maryland by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 18 97th
Population Density # 51 91st
Median Household Income # 232 57th
Housing Affordability Index # 168 31st
Per Capita Income # 267 50th
Diversity Index # 6 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Maryland Census Data Comparison Tool.

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