Last updated: 2024 BLS data · Page refreshed:
Menlo Park Terrace has a population of 3,062 with a median age of 39.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,062 |
| Median Age | 39.9 |
| White | 30.8% |
| Black or African American | 13.1% |
| Asian | 31.5% |
| Hispanic or Latino | 22.0% |
| Other / Two or More Races | 2.6% |
The median household income in Menlo Park Terrace is $110,278, which is 36.8% above the national median of $80,610. The per capita income is $39,927. The poverty rate is 5.6%.
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In Menlo Park Terrace, 89.3% of residents age 25+ have a high school diploma or higher, and 38.8% hold a bachelor's degree or higher (13.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.3% |
| Bachelor's Degree or Higher | 38.8% |
| Graduate or Professional Degree | 13.5% |
The median home value in Menlo Park Terrace is $427,400, above the national median of $303,400. The median monthly rent is $1,971. The homeownership rate is 86.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $427,400 |
| Median Monthly Rent | $1,971 |
| Homeownership Rate | 86.7% |
| Vacancy Rate | 2.9% |
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