In the City of Calgary's 2012 municipal census, Aspen Woods had a population of 7003527100000000000♠5,271 living in 7003228100000000000♠2,281 dwellings, a 17.9% increase from its 2011 population of 7003446900000000000♠4,469. With a land area of 3.8 km2 (1.5 sq mi), it had a population density of 1,387/km2 (3,590/sq mi) in 2012.
Residents in this community had a median household income of $89,939 in 2000, and there were no low income residents living in the neighbourhood. As of 2000, 11.5% of the residents were immigrants. 12.5% of the housing was used for renting.