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Taxes in Aspen Hill, Maryland

Complete tax guide for Aspen Hill, MD. State income tax up to 5.75%, 1.03% property tax, 8.79% sales tax. Calculate your total tax burden.

State Income Tax

5.75%

Maryland

Property Tax

1.03%

Effective rate

Sales Tax

8.79%

Combined rate

Tax Burden

High

Aspen Hill, MD Tax Overview

Population

53,453

Median Income

$79,700

Cost of Living

113.6 (100 = avg)

State Income Tax

5.75%

Local Income Tax

1.09%

Median Home Price

$424,000

Aspen Hill Tax Calculator

Pre-filled with Aspen Hill median: $79,700

Total Tax Burden in Aspen Hill

$20,697

Take-Home: $59,003 · Effective Rate: 25.97%

Federal Tax

$9,148

11.48% eff.

MD State + Local

$5,451

6.84% eff.

FICA

$6,097

7.65% eff.

Take-Home

$59,003

74.03% kept

Tax Breakdown

Take-Home 74.03%
Federal
MD
FICA
Take-Home Federal Tax MD State + Local Tax FICA
ItemAnnualMonthly
Gross Income$79,700.00$6,641.67
Federal Income Tax-$9,148.00-$762.33
Maryland State Tax-$4,582.75-$381.90
Aspen Hill Local Tax (1.09%)-$868.73-$72.39
Social Security (6.2%)-$4,941.40-$411.78
Medicare (1.45%)-$1,155.65-$96.30
Take-Home Pay$59,003.47$4,916.96

Property Tax in Aspen Hill

Median Home

$424,000

Annual Tax

$4,367

Monthly Tax

$364

Effective Rate

1.03%

vs. National Average (1.1%)$-297/yr
Median Property Tax Paid$4,367/yr

Sales Tax in Aspen Hill

Combined Rate

8.79%

State Portion

~6.3%

Local Portion

~2.5%

The combined sales tax rate in Aspen Hill is 8.79%, which is above the national average of 7.12%. On a $100 purchase, you would pay $8.79 in sales tax.

Tax Burden Comparison

Tax TypeAspen HillMaryland AvgNational Avg
Income Tax5.75% + 1.09%5.75%4.6%
Property Tax1.03%~1.03%1.1%
Sales Tax8.79%~8.79%7.12%
Overall BurdenHighModerate

Tax Saving Tips for Aspen Hill Residents

  • Maryland's income tax rate of 5.75% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
  • Aspen Hill has a local income tax of 1.09%. If you work remotely, verify whether you owe city tax based on where you work or where you live. Some cities only tax people who work within city limits.
  • Property tax in Aspen Hill (1.03%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
  • The combined sales tax rate of 8.79% is relatively high. Consider making large purchases in lower-tax jurisdictions or online retailers that do not charge local tax rates.
  • Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.

Calculate Your Full Maryland Tax Burden

See detailed state tax brackets, FICA breakdown, and compare to neighboring states.

Frequently Asked Questions

What are the tax rates in Aspen Hill, MD?

Aspen Hill, Maryland has a state income tax rate up to 5.75%, plus a local income tax of 1.09%. The property tax rate is 1.03% and the combined sales tax rate is 8.79%.

How much is property tax in Aspen Hill?

The effective property tax rate in Aspen Hill is 1.03%. On the median home price of $424,000, this equals approximately $4,367 per year or $364 per month. This is below the national average of 1.1%.

What is the sales tax rate in Aspen Hill?

The combined sales tax rate in Aspen Hill is 8.79%, which includes both state and local components. This is above the national average combined rate of approximately 7.12%.

How does Aspen Hill's tax burden compare to other cities?

Aspen Hill has a high overall tax burden. The effective total tax rate for a median-income household is approximately 30.2%. The combination of 5.75% state income tax, 1.03% property tax, and 8.79% sales tax determines the total burden. Cost of living index is 113.6 (100 = national average).

Are there any local taxes in Aspen Hill?

Yes. Aspen Hill imposes a local income tax of 1.09% in addition to the state income tax of 5.75%.