Aspen Hill, MD is an attractive area to settle down in. Located in Montgomery County, it is close to many amenities and offers a variety of opportunities for residents. The average two-bedroom rent in Aspen Hill is $1,920 which is slightly more than the US average of $1,430. Additionally, the Grocery Cost Index in this area is 109 versus 100 in the US so groceries are slightly more expensive here. Residents have access to great employment opportunities thanks to local employers such as CVS Pharmacy and TK Auto Repair that provide competitive wages and benefits. There are also plenty of recreational activities available such as golfing at Norbeck Country Club and hiking the trails at Rock Creek Regional Park. Aspen Hill is a great place to call home with its diverse economy and plenty of things for people looking for an active lifestyle.
Aspen Hill (zip 20906) has an unemployment rate of 5.7%. The US average is 6.0%.
Aspen Hill (zip 20906) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Aspen Hill (zip 20906)
- The Sales Tax Rate for Aspen Hill (zip 20906) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Aspen Hill (zip 20906) is 8.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Aspen Hill (zip 20906)
- The average income of a Aspen Hill (zip 20906) resident is $33,814 a year. The US average is $28,555 a year.
- The Median household income of a Aspen Hill (zip 20906) resident is $84,909 a year. The US average is $69,021 a year.