Census Bureau data for Terrace Park village from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Terrace Park village
- What is the median household income in Terrace Park village?
- The median household income in Terrace Park village is $206,705 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Terrace Park village?
- The poverty rate in Terrace Park village is 0.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Terrace Park village?
- $581,000 (U.S. Census Bureau ACS 2023).
- What is the average rent in Terrace Park village?
- The median gross rent in Terrace Park village is $3,188 per month (U.S. Census Bureau ACS 2023).
- What percentage of Terrace Park village residents have a college degree?
- 85.8% of adults in Terrace Park village hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,282
Median Income
$206,705
Median Home Value
$581,000
Poverty Rate
0.8%
Unemployment (ACS 2023)
3.6%
Median Age
38.0 yrs
Since 2019
Median Income:
+$31,705 (+18.1%)
Home Value:
+$53,500 (+10.1%)
Poverty Rate:
-2.2 pp (-73.3%)
Bachelor's+:
+2.8 pp (+3.4%)
Unemployment:
+1.7 pp (+89.5%)
Demographics
Total Population
2,282
Median Age
38.0
Female
49.3%
Race & Ethnicity
Hispanic or Latino 5.4%
White (non-Hisp.) 90.1%
Asian 0.4%
Two or More 7.1%
Other 1.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$206,705
±$23,672
+$137,025 vs. state
Per Capita Income
$266,392
Median Family Income
$219,063
Poverty Rate
0.8%
-8.4 pp vs. state
Child Poverty Rate
0.5%
Working-Age Poverty Rate
—
SNAP Recipients
1.1%
Social Security Income
—
Retirement Income
20.6%
Household Income Distribution
< $10k
0.4%
$10–15k
0.8%
$15–25k
2.0%
$25–35k
2.3%
$35–50k
3.4%
$50–75k
3.8%
$75–100k
2.6%
$100–150k
13.4%
$150–200k
19.2%
$200k+
52.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
773
Owner-Occupied
96.6%
Renter-Occupied
3.4%
Vacancy Rate
4.4%
Median Home Value
$581,000
+$381,800 vs. state
Median Gross Rent
$3,188
Owner Cost Burden (30%+)
16.3%
Renter Cost Burden (30%+)
10.5%
Home Value Distribution
< $50k
1.8%
$50–100k
0.4%
$100–200k
2.5%
$200–300k
4.1%
$300–500k
31.5%
$500k–$1M
47.5%
$1M+
12.2%
Vehicle Availability
1 vehicle
13.8%
2 vehicles
58.5%
3+
27.7%
Housing Age
Pre-1940
25.2%
1940–1969
14.0%
1970–1999
4.5%
2000–2009
4.4%
2010+
0.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.9%
Bachelor's or Higher
85.8%
+54.9 pp vs. state
Graduate Degree
35.0%
Some College / Associate
4.1%
Less Than High School
0.1%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
69.9%
Unemployment Rate
3.6%
-1.2 pp vs. state
Work from Home
30.5%
Self-Employed
7.4%
Government Workers
11.0%
Private For-Profit
81.4%
Industry
Edu/Health
27.4%
Prof. Services
17.2%
Finance
13.8%
Manufacturing
12.8%
Arts/Entmt.
5.9%
Retail
3.8%
Wholesale
2.8%
Transportation
2.7%
Information
2.7%
Construction
2.4%
Public Admin
2.4%
Occupation
Management
70.9%
Sales
17.8%
Food Prep
7.5%
Production
2.3%
Construction
1.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
26.6 min
Drove Alone
65.0%
Carpool
1.3%
Public Transit
0.9%
Work from Home
30.5%
Walked
0.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
739
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
80.9%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
47.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
9.6%
5–9
9.2%
10–14
12.4%
15–19
7.4%
20–24
1.1%
25–34
5.8%
35–44
17.4%
45–54
12.4%
55–64
6.5%
65–74
6.4%
75–84
7.8%
85+
3.4%
Under 18: 36.5%
Working age (18–64): 63.5%
65 and over: 11.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
2.4%
Naturalized Citizen
77.8%
Speaks English Less Than Very Well
0.4%
Foreign-Born Origin
Europe
57.4%
Latin America
29.6%
Asia
7.4%
Veterans & Disability
Veteran
6.3%
With a Disability
4.7%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.3%
Uninsured
2.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
98.9%
Has a Computer
99.9%
Same House 1 Year Ago
93.8%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023