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Median House Value:

Terrace Park, OH

Found within zip code: 45174
This is a small community that is contained in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.
NEIGHBORHOOD COST DETAILS
MEDIAN HOUSE VALUE $438,312
  • high cost relative to Ohio
  • high cost relative to the nation
HOUSE VALUE RANGE
COST
$1,490,000+  1%
$1,118,001-$1,490,000  1%
$744,001-$1,118,000  9%
$596,001-$744,000  17%
$447,001-$596,000  21%
$298,001-$447,000  25%
$148,001-$298,000  23%
$74,001-$148,000  3%
$0-$74,000  0%
% OF HOMES
RENTAL PRICE very high cost relative to OH, very high cost relative to the nation


NEIGHBORHOOD LOOK, FEEL,
& CHARACTER
DETAILS
THE SETTING Suburban (based on population density)
TYPE OF HOMES / DWELLINGS mostly Single-family homes, some Rowhouses & attached homes
SIZE OF HOMES / DWELLINGS mostly Medium-sized dwellings (3 or 4 bedrooms), some Large dwellings (4, 5 or more bedrooms)
AGE OF HOMES / DWELLINGS mostly Well established older homes (Built 1940 - 1969), some Historic homes (Built 1939 or earlier), some Established but not old (Built 1970 - 1994), a few Newer Homes (Built 1995 or later)
HOME OWNERSHIP Mostly Owner occupied
SPECIAL CHARACTER mostly Urban Sophisticates, Walkable, Quiet


THE NEIGHBORS DETAILS
AGE & LIFESTYLE mostly Families with children (family households with school-aged children), some Mixed ages, some Young singles-upwardly mobile (young, educated, professionally employed, and single), some Seniors (people 65 and over), some College students (people currently attending college)
EDUCATION LEVEL Rating: 10 (5 is average for the U.S., 10 is most educated)
INCOME Wealthy (among the 15% most wealthy communities in America)
OCCUPATIONS mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support, some Manufacturing & Laborers
ETHNICITY/ANCESTRY mostly White (non-Hispanic), some Irish ancestry, some Italian ancestry
LANGUAGES mostly English speaking, some Spanish speaking

School Rating Information


Terrace Park Educational Rating
This town is served by one school district.

MARIEMONT CITY School District




1,658 Students enrolled in District

5 Schools in District

DISTRICT RATING
COMPARED TO STATE (10 is best)
10
Better than:
of OH school
districts
92.9%
DISTRICT RATINGClick to get help on this item
COMPARED TO U.S.
(10 is best)
10
Better than:
of US school
districts
93.4%
STUDENTS PER CLASSROOM
14
STATE AVERAGE 16

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Public School Test Scores (No Child Left Behind)

93%
79%
95%
82%
91%
76%
DISTRICT
STATE
PROFICIENT IN
READING & MATH
PROFICIENT IN
READING
PROFICIENT IN
MATH
SCHOOLS IN THIS DISTRICT GRADES
FAIRFAX ELEMENTARY SCHOOL
3847 SOUTHERN AVE, CINCINNATI, OH 45227
(513) 272-7800
KG-06
MARIEMONT ELEMENTARY SCHOOL
6750 WOOSTER PIKE, CINCINNATI, OH 45227
(513) 272-7400
KG-06
MARIEMONT HIGH SCHOOL
3812 POCAHONTAS AVE, CINCINNATI, OH 45227
(513) 272-7600
09-12
MARIEMONT JUNIOR HIGH SCHOOL
6743 CHESTNUT ST, CINCINNATI, OH 45227
(513) 272-7300
07-08
TERRACE PARK ELEMENTARY SCHOOL
723 ELM AVE, TERRACE PARK, OH 45174
(513) 272-7700
PK-06
School district enrollment by group
ETHNIC/RACIAL GROUPS THIS DISTRICT THIS STATE
WHITE (NON-HISPANIC) (%) 93.1 79.0
BLACK (%) 3.2 17.1
HISPANIC (%) 0.6 2.4
ASIAN OR PACIFIC ISLANDER (%) 1.1 1.4
AMERICAN INDIAN OR NATIVE OF ALASKA (%) NO DATA 0.1
ECONOMIC GROUPS THIS DISTRICT THIS STATE
ECONOMICALLY DISADVANTAGED (%) 7.3 32.5
Educational Expenditures
FOR THIS DISTRICT PER STUDENT TOTAL % OF TOTAL
INSTRUCTIONAL EXPENDITURES $6,339 $10,510,000 54.6
SUPPORT EXPENDITURES
STUDENT $776 $1,287,000 6.7
STAFF $537 $891,000 4.6
GENERAL ADMINISTRATION $196 $325,000 1.7
SCHOOL ADMINISTRATION $696 $1,154,000 6.0
OPERATION $1,296 $2,149,000 11.2
TRANSPORTATION $285 $473,000 2.4
OTHER $310 $514,000 2.7
TOTAL SUPPORT $4,097 $6,793,000 35.3
NON-INSTRUCTIONAL EXPENDITURES $1,182 $1,959,000 10.2
TOTAL EXPENDITURES $11,618 $19,262,000 100.0
Terrace Park EDUCATIONAL ENVIRONMENT
ADULTS IN Terrace Park WITH COLLEGE DEGREE OR HIGHER (%) 71.0
CHILDREN IN Terrace Park LIVING IN POVERTY (%) 2.7

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Terrace Park Appreciation Rates Click for help

PERIOD TOTAL APPRECIATION AVG. ANNUAL RATE COMPARED
TO OH*
COMPARED
TO AMERICA*
Since 1990 180.16% 9.48% 10 9
Last 10 Years Subscribe for detail
Last 5 Years Subscribe for detail
Last 2 Years Subscribe for detail
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Latest Quarter Subscribe for detail
* 10 is highest

About Terrace Park

Terrace Park is a very small village located in the state of Ohio. With a population of 2,273 people and just one neighborhood, Terrace Park is the 514th largest community in Ohio.

Terrace Park is a decidedly white-collar village, with fully 94.32% of the workforce employed in white-collar jobs, well above the national average. Overall, Terrace Park is a village of professionals, sales and office workers, and managers. There are especially a lot of people living in Terrace Park who work in management occupations (20.82%), sales jobs (17.53%), and office and administrative support jobs (10.36%).

Also of interest is that Terrace Park has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their homes - 8.47% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

In addition, Terrace Park is home to many people who could be described as "urban sophisticates." Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness.' But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.

Because of many things, Terrace Park is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Terrace Park really has some of the features that families look for when choosing a good community to raise children. Is Terrace Park perfect? Of course not, and if you like frenetic night life, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

As is often the case in a small village, Terrace Park doesn't have a public transportation system that people use for their commute.

Terrace Park Information and Demographics

Do you like to read, write and learn? If you move to Terrace Park, you'll likely find that many of your neighbors like to as well. Terrace Park is one of the more educated communities in America, with a full 71.01% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 14.96%.

The per capita income in Terrace Park in 2000 was $42,391, which is wealthy relative to Ohio and the nation. This equates to an annual income of $169,564 for a family of four. However, Terrace Park contains both very wealthy and poor people as well.

The people who call Terrace Park home come from a variety of different races and ancestries. The most prevalent race in Terrace Park is White, followed by Native American. Important ancestries of people in Terrace Park include German, English, Irish, British, and European.

The most common language spoken in Terrace Park is English.

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Terrace Park, OH

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