Cost of Living in Aspen Hill, MD
Population 53,752 · Maryland · Data vintage 2023
(100 = US avg)
A 37-minute average commute puts Aspen Hill squarely in exurban territory — the kind of place where many households optimize for housing cost over proximity to work. Home values of $538,000 reflect that spatial discount. Unemployment has stayed elevated relative to the national figure — 6.5% as of the most recent ACS release — which shows up in household-income and poverty figures as well.
Located 14 miles north of Washington, Aspen Hill falls within that metro's commuting orbit. Median home values run roughly 26% lower than Washington's $725,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Aspen Hill
The median home value in Aspen Hill is $538,000 — 76% above the national median of $305,000. Median rent runs $1,925/month, 46% higher than the national median of $1,314/month. The median household income of $109,026/year is 46% higher than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Aspen Hill has a cost of living index of 164 versus the US average of 100, meaning it is 64% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Aspen Hill, MD?
Aspen Hill has a cost index of 164 (100 = national average). It is 64% above the national average.
What is average rent in Aspen Hill, MD?
The median gross rent in Aspen Hill is $1,925 per month based on 2023 Census data.
What is the average home price in Aspen Hill?
The median home value in Aspen Hill is $538,000 according to 2023 Census ACS data.
What is the median income in Aspen Hill?
The median household income in Aspen Hill is $109,026 per year (2023 ACS 5-year estimates).
What is the sales tax in Aspen Hill, MD?
The combined state and local sales tax rate in Aspen Hill is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Aspen Hill, MD affordable?
Aspen Hill is above average in cost of living, with an index of 164 — about 64% higher than the national average.
Aspen Hill at a Glance
- Population
- 53,752
- Median Income
- $109,026
- Home Value
- $538,000
- Median Rent
- $1,925/mo
- Unemployment
- 6.5%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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