Aspen Hill, MD is a thriving and vibrant city located in Montgomery County. It has an array of amenities and attractions to suit all needs, from great restaurants to shopping centers. Additionally, the 2 bedroom rent in Aspen Hill is higher than the US average at $1,840 versus $1,430. The grocery cost index here is also higher than the US average at 110 compared to 100.
The area offers many local companies such as Robert's Auto Repair for mechanical services, Aspen Hill Cleaners for your laundry needs, and Smith & Wesson Real-Estate Company for any home buying or renting inquiries. With its convenient location and friendly community, Aspen Hill is a great place to live and work.
Aspen Hill has an unemployment rate of 5.7%. The US average is 6.0%.
Aspen Hill 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
- The Sales Tax Rate for Aspen Hill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Aspen Hill 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
- The average income of a Aspen Hill resident is $35,418 a year. The US average is $28,555 a year.
- The Median household income of a Aspen Hill resident is $96,773 a year. The US average is $69,021 a year.