Salary & Cost of Living in Aspen Hill, MD
Aspen Hill, MD: $67,873 median salary, cost of living index 113.6, $15.00/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$67,873
$33/hr
Cost of Living
113.6
US avg = 100
Minimum Wage
$15.00
per hour
Unemployment
3.6%
rate
Aspen Hill, MD Overview
Population
53,453
Median Salary
$67,873
Average Salary
$76,018
Avg Commute
20 min
Median Home Price
$424,000
Median Rent
$1,723/mo
Job Growth
+2.8%
Sales Tax
6%
Aspen Hill is located in Maryland with a population of 53,453. The median household salary is $67,873 per year ($33/hour), which is $8,489 above the national median of $59,384. The average commute time is 20 minutes, and the city has a job growth rate of +2.8%.
Aspen Hill Salary by Experience Level (2026)
Wage distribution in Aspen Hill, MD based on BLS percentile breakdown of the $67,873 median salary. Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $42,081 | $20.23/hr | 0–2 years |
| Mid-Level (Median) | $67,873 | $32.63/hr | 3–7 years |
| Senior-Level | $96,380 | $46.33/hr | 8–15 years |
| Top 10% (90th Percentile) | $120,814 | $58.08/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) derived from 2024 BLS Occupational Employment and Wage Statistics distribution across all occupations in metro areas. Specific roles vary; see jobs by city for role-specific data.
Aspen Hill Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Aspen Hill, MD, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$52,123
$4,343.61/month · $2,004.74/biweekly · Effective Rate: 23.2%
Gross Pay
$67,873
Federal Tax
-$6,546
State Tax
-$3,903
Local Tax
-$109
FICA
-$5,192
Net Pay
$52,123
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,656.08 | $67,873.00 |
| Federal Income Tax | -$545.51 | -$6,546.06 |
| Maryland State Tax (5.75%) | -$325.22 | -$3,902.70 |
| Local Tax (0.16%) | -$9.05 | -$108.60 |
| Social Security (6.2%) | -$350.68 | -$4,208.13 |
| Medicare (1.45%) | -$82.01 | -$984.16 |
| Net Take-Home Pay | $4,343.61 | $52,123.36 |
Salary Comparison: Aspen Hill vs Other Cities
See how Aspen Hill's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Aspen Hill, MD | $67,873 | 113.6 | $59,747 |
| National Average | $59,384 | 100 | $59,384 |
| St. Louis Park, MN | $67,865 | 100.4 | $67,595 |
| Old Bridge, NJ | $67,907 | 120.5 | $56,354 |
| Graham, WA | $67,907 | 104.6 | $64,921 |
| La Mirada, CA | $67,945 | 151.3 | $44,907 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Aspen Hill
Aspen Hill's cost of living index is 113.6 (national average = 100). Living in Aspen Hill is 13.599999999999994% more expensive than the national average.
Median Home Price
$424,000
Median Monthly Rent
$1,723
Annual Rent Cost
$20,676
Your Salary's Purchasing Power
Your $52,123 annual take-home pay in Aspen Hill has the purchasing power of approximately $45,883 in an average-cost US area. You would need to earn $77,104 in Aspen Hill to match a $67,873 salary in an average-cost city.
Top Industries in Aspen Hill
Aspen Hill's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $67,873.
Salary Tips for Aspen Hill Workers
- Maximize pre-tax deductions. With a 5.75% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Aspen Hill's top industries include Cybersecurity, Biotech, Government. Targeting roles in these sectors can help you earn above the $67,873 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Aspen Hill salary data: Our citywide compensation figures aggregate occupation-specific salary data from BLS Occupational Employment and Wage Statistics for the Aspen Hill-MD metropolitan statistical area (MSA), weighted by local employment counts. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Aspen Hill indexed at 113.6.
- Median salary calculation: weighted average of Aspen Hill's occupation-specific medians from BLS OEWS, adjusted for local cost of living. Net result: $67,873 annual median.
- Tax burden reflects Maryland state income tax (5.75%), plus Aspen Hill local tax of 0.16%, sales tax (6%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Aspen Hill: 3.6%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Cybersecurity, Biotech, Government — based on QCEW employment concentration data.
- Job growth: 2.8% projected through 2034, derived from BLS Employment Projections program for Maryland.
- Housing context: median home price $424,000, median rent $1,723/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Aspen Hill, MD:
- BLS Occupational Employment and Wage Statistics (OEWS) — metropolitan area salary data
- BLS Local Area Unemployment Statistics — Aspen Hill unemployment rate
- U.S. Census Bureau — Aspen Hill QuickFacts — population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level industry employment
- BLS Economy at a Glance — Maryland — state economic indicators
- U.S. Bureau of Economic Analysis (BEA) — local GDP and personal income data
- BLS Consumer Price Index (CPI-U) — regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Aspen Hill's rapidly changing economy can shift these baselines — always verify with current job listings, employer offers, and recent Maryland labor market reports for the most current figures.
Reviewed by Brazora Monk· Last updated 2026 · BLS & Census data current as of latest releases
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Frequently Asked Questions
What is the median salary in Aspen Hill, MD?
The median salary in Aspen Hill, MD is $67,873 per year, or $33 per hour. The average salary is $76,018. This is $8,489 above the national median of $59,384.
What is the cost of living in Aspen Hill, MD?
Aspen Hill's cost of living index is 113.6 (national average = 100), meaning it is 13.599999999999994% more expensive compared to the national average. The median home price is $424,000 and the median monthly rent is $1,723.
What are the best industries in Aspen Hill?
The top industries in Aspen Hill, MD include Cybersecurity, Biotech, Government. The city has a job growth rate of 2.8% and an unemployment rate of 3.6%. Workers in these industries often earn above the city's median salary of $67,873.
How does Aspen Hill's salary compare to other cities?
Aspen Hill's median salary of $67,873 is 14.3% above the national median of $59,384. However, when adjusted for cost of living (index: 113.6), the real purchasing power is approximately $59,747.
What is the minimum wage in Aspen Hill, MD?
The minimum wage in Aspen Hill, MD is $15.00 per hour. This equals approximately $31,200 per year for a full-time worker (40 hours/week). This is $7.75 above the federal minimum wage of $7.25/hour.