HomeMarylandMontgomery CountyAspen Hill
Aspen Hill, Maryland: commercial real estate data.
Aspen Hill is a Census CDP of 53,279 people across 9.51 square miles of land, in Montgomery County. Median household income is $111,575, 64.7 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $550,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Aspen Hill
What Aspen Hill is
- Census place typeCDP
- Land area9.51 sq mi
- Water area0.08 sq mi
- Population per square mile of land5,605
- County holding the largest share of its areaMontgomery County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aspen Hill
How many people live in Aspen Hill
- Population53,279
- Median age37.9
- Population under 1813,637
- Share under 1825.6 percent
- Population 65 and over8,084
- Share 65 and over15.2 percent
- Households17,074
- Family households12,337
- Share of households that are families72.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aspen Hill
Income and work in Aspen Hill
- Median household income$111,575
- Per capita income$46,464
- Civilian labor force29,432
- Employed27,370
- Unemployed2,062 plus or minus 487
- Unemployment rate7.0 percent plus or minus 1.6
- Adults 25 and over35,099
- Adults 25 and over with a high school diploma or higher84.6 percent
- Adults 25 and over with a bachelor degree or higher43.3 percent
- Adults 25 and over with a graduate degree21.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aspen Hill
Housing in Aspen Hill
- Housing units17,795
- Occupied units17,074
- Vacant units721 plus or minus 268
- Vacancy rate4.1 percent plus or minus 1.5
- Owner occupied11,055
- Renter occupied6,019
- Ownership rate64.7 percent
- Median owner-occupied home value$570,000
- Median gross rent, monthly$1,916
- Annual rent as a share of median income20.6 percent
- Single family units11,564
- Share single family65.0 percent
- Units in buildings of two or more6,218
- Share in buildings of two or more34.9 percent
- Mobile homes13 plus or minus 22
- Median year structure built1970
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aspen Hill
How Aspen Hill gets to work
- Workers 16 and over who commute20,671
- Commuting under 15 minutes2,450 plus or minus 560
- Share commuting under 15 minutes11.9 percent plus or minus 2.6
- Commuting 30 minutes or more11,604
- Share commuting 30 minutes or more56.1 percent
- Drove alone53.7 percent
- Carpooled11.7 percent
- Public transport8.5 percent plus or minus 1.8
- Walked1.3 percent plus or minus 0.7
- Worked from home23.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Aspen Hill
SBA loans in Aspen Hill (7(a))
- Approvals1
- Gross approval$550,000
- Average approval$550,000
- Median approval$550,000
- Largest approval$550,000
- Jobs supported28
- Jobs per approval28.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises100.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Aspen Hill, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Montgomery County, not Aspen Hill
Montgomery County context, not Aspen Hill figures
- Establishments in Montgomery County27,677
- Covered employment, Montgomery County462,298
- Average annual pay, Montgomery County$94,473
- Housing units permitted, Montgomery County3,656
Every figure in this section is published for Montgomery County as a whole and is not a measurement of Aspen Hill.
All Montgomery County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Aspen Hill questions, answered from the record.
How many people live in Aspen Hill, Maryland?
53,279, in 17,074 households. Aspen Hill CDP covers 9.51 square miles of land, which is 5,605 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Aspen Hill in?
Montgomery County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Aspen Hill?
$111,575. The median owner-occupied home is valued at $570,000. Median gross rent is $1,916 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Aspen Hill businesses?
1 7(a) approvals totaling $550,000 since FY2020, across 1 lenders, median approval $550,000. These count approvals to borrowers whose address is in Aspen Hill, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Aspen Hill borrowers get paid back?
No rate is published for Aspen Hill. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Aspen Hill figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montgomery County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Aspen Hill.
Is zoning published for Aspen Hill?
No. Nothing on this page presents parcel level zoning.