20853 Aspen Hill, MD is a great place to live for those seeking suburban comfort without sacrificing access to the city. Located within Montgomery County, this area is part of the greater Washington D.C. metropolitan area and offers easy access to several major employers such as Lockheed Martin and The United States Postal Service. It is also conveniently close to shopping centers like Aspen Hill Shopping Center and Wheaton Plaza Shopping Center. Additionally, 2 bedroom rent in 20853 Aspen Hill is $1,840 which is slightly higher than the US average of $1,430 but groceries are more affordable with a Grocery Cost Index of 112 compared to 100 nationally. All in all, there are plenty of amenities and opportunities for those who choose to make 20853 Aspen Hill their home.
Aspen Hill (zip 20853) has an unemployment rate of 5.7%. The US average is 6.0%.
Aspen Hill (zip 20853) has seen the job market decrease by -6.5% 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 20853)
- The Sales Tax Rate for Aspen Hill (zip 20853) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Aspen Hill (zip 20853) 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 20853)
- The average income of a Aspen Hill (zip 20853) resident is $49,037 a year. The US average is $37,638 a year.
- The Median household income of a Aspen Hill (zip 20853) resident is $133,141 a year. The US average is $69,021 a year.