Ohio · Census place 76428
Terrace Park village, OH
Quick answer
Terrace Park village has 2,282 residents, ranking #461 of 1265 places in Ohio. Median household income is $206,705, the median home is worth $581,000 and median gross rent runs $3,188 a month.
- Population
- 2,282Terrace Park village residents
- Median household income
- $206,705Past 12 months, inflation adjusted
- Median home value
- $581,000Owner-occupied units
- Median gross rent
- $3,188Rent plus utilities, monthly
- Median age
- 38.8 yrsAll residents
- Homeownership rate
- 96.6%Owner-occupied households
What the numbers mean in Terrace Park village
Housing cost measured against local earnings.
A household earning the Terrace Park village median would spend about 18.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.1% of residents and 96.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Ohio.
- Richwood village 2,303
- Masury CDP 2,292
- Crooksville village 2,284
- New Miami village 2,280
- Creston village 2,246
- Jamestown village 2,241
- St. Paris village 2,237
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