Last updated: 2024 BLS data · Page refreshed:
Terrace Park has a population of 2,295 with a median age of 38.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,295 |
| Median Age | 38.2 |
| White | 90.1% |
| Asian | 0.4% |
| Hispanic or Latino | 5.4% |
| Other / Two or More Races | 4.1% |
The median household income in Terrace Park is $197,750, which is 145.3% above the national median of $80,610. The per capita income is $87,831. The poverty rate is 2.1%.
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In Terrace Park, 98.7% of residents age 25+ have a high school diploma or higher, and 85.6% hold a bachelor's degree or higher (33.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.7% |
| Bachelor's Degree or Higher | 85.6% |
| Graduate or Professional Degree | 33.8% |
The median home value in Terrace Park is $606,600, above the national median of $303,400. The median monthly rent is $3,200. The homeownership rate is 97.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $606,600 |
| Median Monthly Rent | $3,200 |
| Homeownership Rate | 97.0% |
| Vacancy Rate | 3.1% |
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