Population 3,782 · Census ACS 2020–24
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Population and households in Aspen Ridge
Household size in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1.95 | 2.60 | 2.57 | 2.68 |
| 2010–14 | 2.39 | 2.63 | 2.59 | 2.73 |
| 2015–19 | 2.17 | 2.63 | 2.57 | 2.71 |
| 2020–24 | 1.66 | 2.59 | 2.54 | 2.65 |
| Change | −0.28 | −0.01 | −0.03 | −0.03 |
Aspen Ridge is a place of small households, averaging 1.66 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 1.95, but in a place this small, survey estimates can swing a lot from one release to the next. Aspen Ridge has smaller households than at least four in five Indianapolis neighborhoods.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 30.1 | 36.3 | 37.5 | 37.7 |
| 2010–14 | 28.8 | 37.0 | 38.4 | 38.6 |
| 2015–19 | 36.5 | 37.7 | 39.1 | 39.6 |
| 2020–24 | 36.8 | 38.2 | 39.3 | 40.1 |
| Change | +6.7 | +1.9 | +1.7 | +2.3 |
Aspen Ridge is younger than the country as a whole: its median age is 36.8, against 40.1 nationally. The picture is much the same across the Indianapolis area. Compared with other Indianapolis neighborhoods, though, Aspen Ridge is older than most.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 12.9% | 12.7% | 11.8% | 12.3% |
| 2010–14 | 21.4% | 12.8% | 12.0% | 12.3% |
| 2015–19 | 12.7% | 12.0% | 11.6% | 11.6% |
| 2020–24 | 21.1% | 11.8% | 11.7% | 11.6% |
| Change | +8.2 pts | −0.9 pts | −0.1 pts | −0.6 pts |
Single-parent households are common in Aspen Ridge: 21.1% of all households, against 11.6% nationally. Compared with other Indianapolis neighborhoods, Aspen Ridge has a higher share of single-parent households than most.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Aspen Ridge
Renters in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 81.5% | 31.4% | 28.5% | 33.3% |
| 2010–14 | 81.7% | 34.2% | 30.5% | 35.6% |
| 2015–19 | 80.0% | 34.8% | 30.9% | 36.0% |
| 2020–24 | 80.9% | 33.2% | 29.4% | 34.8% |
| Change | −0.6 pts | +1.8 pts | +1.0 pts | +1.5 pts |
Renters far outnumber owners in Aspen Ridge: 80.9% of households rent their homes, against 34.8% nationally. About six in ten owners (58.5%) have paid off their mortgages, well above the national share of 39.8%. Aspen Ridge has a higher share of renters than at least four in five Indianapolis neighborhoods.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 18.7% | 11.2% | 11.2% | 11.4% |
| 2010–14 | 19.4% | 10.6% | 11.2% | 11.4% |
| 2015–19 | 13.0% | 9.6% | 10.9% | 11.1% |
| 2020–24 | 6.0% | 8.0% | 9.3% | 9.6% |
| Change | −12.7 pts | −3.2 pts | −2.0 pts | −1.8 pts |
Fewer homes sit empty in Aspen Ridge than nationally: 6.0%, against 9.6% for the U.S. Only two of Indianapolis' 29 neighborhoods have a lower vacancy rate.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 1987 | 1978 | 1972 | 1974 |
| 2010–14 | 1984 | 1979 | 1973 | 1975 |
| 2015–19 | 1985 | 1980 | 1974 | 1977 |
| 2020–24 | 1988 | 1982 | 1977 | 1980 |
| Change | +2 | +5 | +5 | +6 |
Much of the housing in Aspen Ridge is relatively new: half of its homes were built after 1988, compared with 1980 for the U.S. as a whole. Aspen Ridge has newer homes than the great majority of Indianapolis neighborhoods.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | $670 | $877 | $763 | $965 |
| 2010–14 | $777 | $946 | $819 | $1,040 |
| 2015–19 | $880 | $1,060 | $903 | $1,213 |
| 2020–24 | $1,107 | $1,368 | $1,146 | $1,571 |
| Change | +$437 | +$492 | +$384 | +$606 |
The median renter in Aspen Ridge pays $1,107 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 34.5% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Aspen Ridge
Bachelor's degrees in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 36.5% | 30.9% | 23.8% | 28.4% |
| 2010–14 | 19.0% | 31.8% | 24.6% | 29.6% |
| 2015–19 | 17.6% | 35.2% | 27.1% | 32.1% |
| 2020–24 | 38.4% | 38.6% | 30.0% | 35.6% |
| Change | +2.0 pts | +7.7 pts | +6.2 pts | +7.2 pts |
College degrees are about as common in Aspen Ridge as nationally: 38.4% of adults 25 and older have a bachelor's or higher, against 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 85.6% | 88.1% | 86.5% | 84.9% |
| 2010–14 | 82.3% | 88.9% | 87.7% | 86.1% |
| 2015–19 | 90.7% | 89.6% | 88.7% | 87.7% |
| 2020–24 | 97.4% | 90.8% | 89.9% | 89.3% |
| Change | +11.8 pts | +2.8 pts | +3.4 pts | +4.3 pts |
Finishing high school is nearly universal in Aspen Ridge: 97.4% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. Aspen Ridge has a higher share of high school graduates than at least four in five Indianapolis neighborhoods.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Aspen Ridge
| Period | Aspen Ridge | Indianapolis area | Indiana | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.1% | 7.9% | 8.4% | 8.1% |
| 2010–14 | 7.7% | 9.0% | 8.9% | 9.4% |
| 2015–19 | 8.7% | 4.9% | 4.9% | 5.6% |
| 2020–24 | 2.4% | 4.1% | 4.3% | 5.4% |
| Change | −8.6 pts | −3.7 pts | −4.1 pts | −2.7 pts |
Unemployment in Aspen Ridge has been low: just 2.4% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Aspen Ridge compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Aspen Ridge | 1.66 | 36.8 | 21.1% | 80.9% | 6.0% | 1988 | $1,107 | 38.4% | 97.4% | 2.4% |
| Bayswater | 2.14 | 39.2 | 17.1% | 55.9% | 6.3% | 1989 | $1,330 | 47.6% | 87.4% | 8.6% |
| Eagledale | 3.42 | 29.0 | 21.8% | 59.1% | 9.5% | 1964 | $1,245 | 7.5% | 66.2% | 9.8% |
| Chapel Hill Village | 2.37 | 40.6 | 22.1% | 60.2% | 12.1% | 1971 | $1,246 | 26.1% | 83.3% | 1.3% |
| Venerable Flackville | 2.40 | 34.1 | 11.4% | 82.0% | 11.0% | 1970 | $1,080 | 22.2% | 89.8% | 5.2% |
| Highland Vicinity | 1.95 | 38.7 | 14.1% | 39.4% | 21.0% | 1939 | $1,132 | 24.3% | 86.3% | 8.3% |
| Westchester Estates | 1.72 | 37.3 | 13.4% | 93.1% | 6.6% | 1985 | $1,121 | 47.2% | 91.9% | 1.3% |
| Mapleton-Fall Creek | 2.57 | 33.1 | 12.2% | 51.3% | 17.9% | 1939 | $1,269 | 46.2% | 91.3% | 5.9% |
| Meridian-Kessler | 2.39 | 36.7 | 6.6% | 29.1% | 10.1% | 1941 | $1,331 | 75.7% | 98.0% | 1.1% |
| St. Joseph Historic Neighborhood | 1.56 | 30.4 | 2.7% | 83.3% | 11.0% | 1985 | $1,514 | 71.5% | 92.2% | 3.5% |
| Downtown Indianapolis | 1.61 | 28.2 | 1.4% | 83.5% | 16.3% | 1999 | $1,638 | 70.6% | 93.6% | 3.6% |
All figures 2020–24.
Neighborhoods with similar populations: Rivers Bend Estates, Lafayette, LA · Highlands, Longview, WA · The Island, Logan, UT · The Flatts, Morgantown, WV · Spring Park, Jacksonville, FL · Sparr Heights, Glendale, CA · Dam Neck Naval Air Station, Virginia Beach, VA · Downer Woods, Milwaukee, WI · Downtown Corona, Corona, CA · South Poplar, Allentown, PA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Aspen Ridge. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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