Terrace Park, OH

Ohio · Metropolitan Area

Terrace Park is a small town in Ohio with a population of 2,282. Residents earn $206,705 per year, which is 175% above the national average.

5.0 /5.0
A+ Excellent
2,282 Population 1,918/sq mi density
$206,705 Median Income $94,745 per capita
$581,000 Home Value $741,047 Zillow
$3,188 Median Rent
54°F Avg Temperature
A+
Overall
5.0 / 5.0
Excellent overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$206,705 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$581,000 home value, $3,188/mo rent
A+
Education
5.0 / 5.0
85.8% bachelor's degree or higher
Median Income $206,705
175% higher than US avg
Home Value $581,000
106% higher than US avg
Bachelor's+ 85.8%
155% higher than US avg
Median Rent $3,188
174% higher than US avg
Obesity Rate 27.3%
15% lower than US avg
Unemployment 2.5%
31% lower than US avg
Poverty Rate 0.8%
94% lower than US avg

How Terrace Park Compares to the U.S. Average (100% = U.S. avg)

People

Population2,282
Median Age38.8 yrs
Density1,918/mi²
Male / Female51% / 49%
Largest GroupWhite 91%

Economy

A+
Median Income$206,705
Per Capita$94,745
Unemployment2.5%
Poverty0.8%
County GDP$10,607M
Commute27 min

Housing

A+
Home Value$581,000
Rent$3,188
OwnershipN/A
Zillow$741,047

Crime

ViolentN/A
PropertyN/A

Health

Obesity27.3%
UninsuredN/A
Depression25.3%
Heart Disease4.0%

Climate

Avg Temp54°F
AQI43 (Good)
Elevation563 ft

Education

A+
Bachelor's+85.8%
High School+98.9%
School Score5.90

Community

2024 VoteR 67% / D 32%
Commute27 min
Libraries10

Is Terrace Park a Good Place to Live?

Based on current data, Terrace Park receives an overall livability score of 5.0 out of 5.0, earning a grade of A+. Key strengths include above-average household incomes, low unemployment, a highly educated population, a low poverty rate. Areas to be aware of include high housing costs. Terrace Park stands out as an excellent place to live, with strong marks across most quality-of-life indicators.

Economy & Jobs

The median household income in Terrace Park is $206,705, which is significantly higher than the national average — 175% above $75,149. This places Terrace Park among higher-income communities. The job market is very strong with unemployment at just 2.5%. Only 0.8% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 27 minutes.

Cost of Living & Housing

The median home value in Terrace Park is $581,000, making it a premium housing market at 106% above the U.S. median of $281,900. Renters pay a median of $3,188 per month, significantly above the national average of $1,163. At just 2.8x median income, home prices are very affordable relative to local earnings.

Education

Terrace Park is a highly educated community — 85.8% of adults hold a bachelor's degree or higher, well above the national average of 33.7%. 98.9% have completed high school. Area schools have an average test score of 5.9/10.

Climate & Weather

Terrace Park experiences four distinct seasons with an average temperature of 54°F. Winters average 30°F in January while summers reach 75°F in July. Air quality is rated Good with a median AQI of 43.

Terrace Park has a population of 2,282 with a density of 1,918 people per square mile. The median age is 38.8 years, 0% younger than the national median of 38.9. The city is predominantly White (91.3%), with 1.3% Hispanic.

Population

2,282
Total Population
1,918
People / sq mi
38.8yrs
Median Age
0% below US avg
1.2mi²
Land Area

Gender Distribution

Male 50.7%
Female 49.3%

Race & Ethnicity

Terrace Park vs U.S. Average

Language Spoken at Home

English Only96.8%
23% above US avg
Spanish3.2%
76% below US avg

Social Characteristics

Terrace Park vs U.S. Average

The median household income in Terrace Park is $206,705, which is 175% above the national average of $75,149. The unemployment rate is 2.5% (below the 3.6% US average). 0.8% of residents live below the poverty line. Workers commute an average of 27 minutes.

Income: Terrace Park vs U.S.

Commute Mode

Income

Median HH Income$206,705
175% above US avg
Per Capita Income$94,745
Avg Weekly Wage$1,111
IRS Avg AGI$82,154

Employment & Poverty

Unemployment2.5%
31% below US avg
Poverty Rate0.8%
94% below US avg
Establishments (County)5,080
County GDP$10,607M

Business (County)

Restaurants354
Healthcare344
Retail529
Manufacturing163

Tax & Cost of Living

Property Tax (IRS)$6,129
75% above US avg
Effective Tax Rate1.05%

Commute & Transportation

Commute Time26.6 min
Work from Home30.5%

Walkability

The median home value in Terrace Park is $581,000, 106% above the national average. Monthly rent averages $3,188 (174% above US avg). Zillow estimates the typical home value at $741,047.

Home Value Sources

Ownership Split

Home Values

Census Median$581,000
106% above US avg
Zillow ZHVI$741,047
Median List Price$739,000

Real Estate Market (Redfin)

Median List Price$739,000
$/Sq Ft$309
Homes Sold3
Sale-to-List Ratio100.8%
Price Drops0.0%
Inventory6

Rental Costs

Census Median Rent$3,188
174% above US avg

HUD Fair Market Rent

Studio$816
1 Bedroom$873
2 Bedrooms$1,092
3 Bedrooms$1,388
4 Bedrooms$1,550

Ownership & Property

Owner-Occupied96.6%

Property Tax

Avg Tax (IRS)$6,129
75% above US avg
Effective Rate1.05%
In Terrace Park, 27.3% of adults are obese (below the 32.1% national rate). 25.3% report depression. 13.0% are physically inactive.

Health Metrics: Terrace Park vs U.S. Average (%)

Chronic Conditions

Obesity27.3%
15% below US avg
Diabetes7.1%
Heart Disease4.0%
High Blood Pressure25.5%
Asthma9.8%
COPD3.4%
Stroke1.8%

Behaviors & Mental Health

Binge Drinking22.1%
Physical Inactivity13.0%
Depression25.3%
Mental Distress13.8%
Physical Distress7.8%

Healthcare Access

Insurance Rate97.0%
Checkup Rate78.2%
Premature Death8,757/100K

Food & Exercise

Food Environment7.6/10
Exercise Access83.5%
Healthcare Facilities344

Crime Rates: Terrace Park vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)21

Safety Score

Terrace Park has an average annual temperature of 54°F (12°C). Winters average 30°F in January while summers reach 75°F in July. Air quality is rated Good with a median AQI of 43.

Temperature

30°F Jan (-1°C) 75°F Jul (24°C)
Annual Average53.8°F
0% below US avg
January Average30°F (-1°C)
July Average75°F (24°C)

Precipitation & Snow

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation563 ft (172 m)
Area1.2 sq mi (3.1 km²)
Population Density1,918/sq mi
Coordinates39.1586°N, 84.3122°W
County FIPS39025
It is classified as Metro — 1 million+. 85.8% of residents hold a bachelor's degree or higher (155% above US avg). In the 2024 election, the county voted Republican by a 35.8-point margin.

2024 Presidential Election (County)

R 67.4%
D 31.7%

Winner: Republican by 35.8 points

Education

Bachelor's Degree+85.8%
155% above US avg
High School+98.9%
School Test Score5.90
A+ Education Grade (5.0/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,918/sq mi
Total Area1.2 sq mi

Infrastructure & Services

Public Libraries10
Healthcare Facilities344
Restaurants354
Retail Stores529

Safety & Disasters

Fatal Crashes (County/yr)21

Commute & Transportation

Avg Commute26.6 min
Work from Home30.5%

Nearby Cities

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