Census tract · Montgomery County
Census Tract 7032.01, Montgomery County, Maryland
Census Tract 7032.01, GEOID 24031703201, in Montgomery County, Maryland, entirely within Aspen Hill. 8,541 residents in the ACS 2020-2024 5-year estimates (±1,479); the 2020 Census counted 7,546.
Residents, 2020-2024
8,541
±1,479 (90% margin)
2020 Census count: 7,546
Median household income
$184,809
±$20,816 (90% margin)
Montgomery County: $132,450
Median home value
$604,100
±$18,110 (90% margin)
Montgomery County: $640,300
Median gross rent
$3,396
±$574 (90% margin)
Montgomery County: $2,068
Where is Census Tract 7032.01?
Census Tract 7032.01 is one of 232 census tracts in Montgomery County, Maryland. It covers 1.64 square miles of land, 4,590 residents per square mile in 2020. Its GEOID, 24031703201, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| Aspen Hill | 100% |
7 census tracts border Census Tract 7032.01: Tract 7011.01 ($155,927), Tract 7032.02 ($159,599), Tract 7032.13 ($61,892), Tract 7032.14 ($65,875), Tract 7033.01 ($129,196), Tract 7033.02 ($114,188) and Tract 7035.01 ($87,347). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 7032.01?
The 2020-2024 American Community Survey puts Census Tract 7032.01's population at 8,541 (±1,479) in 2,239 households; the 2020 Census counted 7,546 residents and 2,355 housing units.
| Measure | Tract 7032.01 | Aspen Hill |
|---|---|---|
| Total population | 8,541 ±1,479 | 53,279 |
| Households | 2,239 ±336 | 17,074 |
| Average household size | 3.79 ±0.33 | 3.10 |
| Housing units | 2,373 ±323 | 17,795 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 7032.01?
The median resident of Census Tract 7032.01 is 39.0 years old; 21.1% are under 18 and 15.4% are 65 or older. The largest group is non-Hispanic white residents at 48.6%, then Hispanic or Latino residents (of any race) at 29.6%. 39.0% of residents were born outside the United States.
| Measure | Tract 7032.01 | Aspen Hill |
|---|---|---|
| Median age | 39.0 ±5.1 | 37.9 |
| Under 18 years | 21.1% ±4.4 pts | 25.6% |
| 65 years and over | 15.4% ±3.0 pts | 15.2% |
| Hispanic or Latino (any race) | 29.6% ±8.9 pts | 36.6% |
| White alone, not Hispanic | 48.6% ±8.2 pts | 31.3% |
| Black or African American alone, not Hispanic | 6.9% ±2.9 pts | 15.1% |
| Asian alone, not Hispanic | 12.0% ±3.0 pts | 9.4% |
| American Indian and Alaska Native alone, not Hispanic | 0.0% ±0.5 pts | 0.1% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.5 pts | 0.0% |
| Two or more races, not Hispanic | 2.4% ±1.7 pts | 4.9% |
| Some other race alone, not Hispanic | 0.4% ±0.6 pts | 2.6% |
| Born outside the United States | 39.0% ±7.1 pts | 40.6% |
| Speak a language other than English at home (age 5+) | 48.1% ±9.4 pts | 53.8% |
| Civilian veterans (age 18+) | 2.2% ±1.6 pts | 3.7% |
| With a disability | 11.3% ±4.3 pts | 10.7% |
| No health insurance coverage | 12.2% ±5.2 pts | 13.7% |
| High school graduate or higher (age 25+) | 87.3% ±4.5 pts | 84.6% |
| Bachelor's degree or higher (age 25+) | 46.0% ±7.6 pts | 43.3% |
| Graduate or professional degree (age 25+) | 23.3% ±5.2 pts | 21.3% |
| Lived in the same house a year earlier | 91.7% ±7.5 pts | 90.3% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 7032.01 earn?
Half of the 2,239 households in Census Tract 7032.01 earn less than $184,809 a year (±$20,816), against $132,450 across Montgomery County: 67th highest of the county's 230 tracts with a reliable estimate. 6.9% of residents live below the poverty line.
| Measure | Tract 7032.01 | Aspen Hill |
|---|---|---|
| Median household income | $184,809 ±$20,816 | $111,575 |
| Mean household income | $200,306 ±$23,665 | $141,945 |
| Per capita income | $54,445 ±$6,966 | $46,464 |
| People below the poverty line | 6.9% ±4.1 pts | 9.7% |
| Children under 18 below the poverty line | 1.5% ±2.5 pts | 10.4% |
| Households receiving SNAP | 7.1% ±7.2 pts | 11.4% |
| Households with a computer | 100.0% ±1.9 pts | 96.1% |
| Households with a broadband subscription | 99.4% ±1.0 pts | 94.0% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 7032.01?
Owners occupy 87.0% of Census Tract 7032.01's occupied homes and renters 13.0%. The median owner-occupied home is valued at $604,100 by its owner (±$18,110). The median renter pays $3,396 a month including utilities.
| Measure | Tract 7032.01 | Aspen Hill |
|---|---|---|
| Median home value (owner-occupied) | $604,100 ±$18,110 | $570,000 |
| Median gross rent | $3,396 ±$574 | $1,916 |
| Renters paying 35% or more of income on rent | 31.6% ±29.8 pts | 47.3% |
| Median monthly owner costs, with a mortgage | $2,704 ±$158 | $2,593 |
| Owner-occupied homes | 87.0% ±8.8 pts | 64.7% |
| Renter-occupied homes | 13.0% ±8.8 pts | 35.3% |
| Housing units | 2,373 ±323 | 17,795 |
| Single-family detached homes | 98.3% ±1.9 pts | 52.6% |
| Mobile homes | 0.0% ±1.8 pts | 0.1% |
| Built 2020 or later | 0.0% ±1.8 pts | 0.1% |
| Built 2010 to 2019 | 0.0% ±1.8 pts | 1.6% |
| Built 1939 or earlier | 0.0% ±1.8 pts | 1.1% |
| Households with no vehicle | 1.0% ±1.7 pts | 8.2% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 7032.01 get to work?
52.2% of Census Tract 7032.01's workers drive alone and 32.3% work from home. The average trip to work takes 28.6 minutes. The unemployment rate in 2020-2024 averaged 4.9%.
| Measure | Tract 7032.01 | Aspen Hill |
|---|---|---|
| In the labor force (age 16+) | 74.4% ±4.8 pts | 71.9% |
| Unemployment rate | 4.9% ±2.8 pts | 7.0% |
| Drove alone to work | 52.2% ±8.4 pts | 53.7% |
| Carpooled | 8.4% ±5.1 pts | 11.7% |
| Public transportation | 5.5% ±3.3 pts | 8.5% |
| Walked | 0.8% ±0.9 pts | 1.3% |
| Worked from home | 32.3% ±8.1 pts | 23.0% |
| Mean travel time to work | 28.6 min ±2.5 | 34.1 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 7032.01 compare with the other tracts in Montgomery County?
Among Montgomery County's tracts with a reliable estimate, Census Tract 7032.01 ranks as shown below (1 = highest).
| Measure | In Montgomery County | In Aspen Hill |
|---|---|---|
| Population | 4th of 232 | 1st of 10 |
| Residents per square mile | 133rd of 232 | 7th of 10 |
| Median household income | 67th of 230 | 2nd of 10 |
| Per capita income | 145th of 232 | 3rd of 10 |
| Median home value | 113th of 226 | 4th of 10 |
| Median gross rent | 26th of 215 | 2nd of 8 |
| Poverty rate | 70th of 121 | 4th of 8 |
| Bachelor's degree or higher | 179th of 232 | 4th of 10 |
| Median age | 139th of 232 | 5th of 10 |
| Owner-occupied share | 71st of 227 | 4th of 10 |
The tracts next to it on Montgomery County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 7014.07 | 64th | $186,207±$24,678 · within the margin of this tract |
| Tract 7006.06 | 65th | $186,154±$24,960 · within the margin of this tract |
| Tract 7012.12 | 66th | $185,313±$40,180 · within the margin of this tract |
| Tract 7032.01 | 67th | $184,809±$20,816 |
| Tract 7003.17 | 68th | $183,355±$35,661 · within the margin of this tract |
| Tract 7005 | 69th | $181,360±$39,304 · within the margin of this tract |
| Tract 7015.06 | 70th | $180,700±$47,029 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 7032.01?
Every figure for Census Tract 7032.01 on this page has a coefficient of variation under 40%, the Census Bureau's threshold for a usable estimate.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections