Takoma Park is a medium-sized city located in the state of Maryland. With a population of 17,725 people and seven constituent neighborhoods, Takoma Park is the 57th largest community in Maryland.
Takoma Park home prices are not only among the most expensive in Maryland, but Takoma Park real estate also consistently ranks among the most expensive in America.
Takoma Park is a decidedly white-collar city, with fully 87.01% of the workforce employed in white-collar jobs, well above the national average. Overall, Takoma Park is a city of professionals, managers, and service providers. There are especially a lot of people living in Takoma Park who work in management occupations (12.18%), teaching (10.85%), and business and financial occupations (8.15%).
Of important note, Takoma Park is also a city of artists. Takoma Park has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Takoma Park’s character.
Also of interest is that Takoma 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 home: 7.28% 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.
Takoma Park, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
In Takoma Park, however, the average commute to work is quite long. On average, people spend 36.35 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the city is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
In Takoma Park, a lot of people use the subway to get to work every day though Takoma Park is a relatively small city. Those that ride the subway are primarily traveling out of town to good jobs in other cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Takoma Park. 59.38% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Takoma Park in 2018 was $47,096, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $188,384 for a family of four. However, Takoma Park contains both very wealthy and poor people as well.
Takoma Park is an extremely ethnically-diverse city. The people who call Takoma Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Takoma Park residents report their race to be White, followed by Black or African-American. Takoma Park also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.61% of the city’s residents. Important ancestries of people in Takoma Park include Irish, English, German, Ethiopian, and Polish.
Takoma Park also has a high percentage of its population that was born in another country: 30.12%.
The most common language spoken in Takoma Park is English. Other important languages spoken here include African languages and Spanish.