Median Income
$66,000
12% lower than US avg
Home Value
$100,000
65% lower than US avg
Bachelor's+
0.0%
100% lower than US avg
Unemployment
18.2%
406% higher than US avg
Poverty Rate
21.2%
71% higher than US avg
How Terrenceville Compares to the U.S. Average (100% = U.S. avg)
People
Population446
Median Age51.2 yrs
Density76/mi²
Male / Female49% / 49%
Largest GroupWhite 100%
Economy
C
Median Income$66,000
Per Capita$43,800
Unemployment18.2%
Poverty21.2%
Commute40 min
Housing
A+
Home Value$100,000
RentN/A
OwnershipN/A
Housing Units200
Rent Burden0.0%
Education
C
Bachelor's+0.0%
High School+33.3%
Graduate+0.0%
Is Terrenceville a Good Place to Live?
Based on current data, Terrenceville receives an overall livability score of 3.2 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment, an elevated poverty rate, long commute times. Terrenceville offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Terrenceville is $66,000, 12% below the national average of $75,149. At 18.2%, unemployment is notably high. The poverty rate of 21.2% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 40 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Terrenceville is $100,000, 65% below the national median — offering relatively affordable homeownership. At just 1.5x median income, home prices are very affordable relative to local earnings.
Education
0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 33.3% have completed high school.
Terrenceville has a population of 446 with a density of 76 people per square mile. The median age is 51.2 years, 32% older than the national median of 38.9. The city is predominantly White (100%).
Population
446
Total Population
2021 Census
51.2yrs
Median Age
32% above US avg
Race & Ethnicity
Terrenceville vs U.S. Average
Language Spoken at Home
| English Only | 100.0% |
| 27% above US avg |
| Spanish | 0.0% |
| 100% below US avg |
Social Characteristics
Terrenceville vs U.S. Average
The median household income in Terrenceville is $66,000, which is 12% below the national average of $75,149. The unemployment rate is 18.2% (above the 3.6% US average). 21.2% of residents live below the poverty line. Workers commute an average of 40 minutes.
Income: Terrenceville vs U.S.
Income
| Median HH Income | $66,000 |
| 12% below US avg |
| Per Capita Income | $43,800 |
Employment & Poverty
| Unemployment | 18.2% |
| 406% above US avg |
| Poverty Rate | 21.2% |
| 71% above US avg |
Commute & Transportation
| Commute Time | 40.0 min |
| Drive Alone | 70.4% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Terrenceville is $100,000, 65% below the national average.
Home Values
| Census Median | $100,000 |
| 65% below US avg |
Real Estate Market (Redfin)
Ownership & Property
| Owner-Occupied | 95.0% |
| Renter-Occupied | 0.0% |
| Housing Units | 200 |
Property Tax