Most Expensive Takoma Park Neighborhoods
Takoma Park is a medium-sized city located in the state of Maryland. With a population of 17,670 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, sales and office workers and managers. There are especially a lot of people living in Takoma Park who work in management occupations (11.55%), office and administrative support (10.39%) and teaching (8.32%).
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.
A relatively large number of people in Takoma Park telecommute to their jobs. Overall, about 7.46% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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.
One downside of living in Takoma Park, however, is that residents on average have to contend with a long commute, spending on average 38.01 minutes every day commuting to work. It is, however, a pedestrian-friendly city. Many of its neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot. In addition, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Despite being a small city, Takoma Park has a lot of people using the subway to get to and from work every day. Most of these people on the subway are using it to get 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. 52.83% 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 2010 was $40,336, which is upper middle income relative to Maryland, and wealthy relative to the rest of the US. This equates to an annual income of $161,344 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 15.05% of the city’s residents. Important ancestries of people in Takoma Park include German, Irish, English, Ethiopian, African and European.
Takoma Park also has a high percentage of its population that was born in another country: 31.07%.
The languages spoken by people in Takoma Park are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Takoma Park is English. Other important languages spoken here include Spanish, African languages and French.
|TAKOMA PARK INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||6,483|
|TAKOMA PARK HOME OWNERSHIP|
|% OWNER OCCUPIED||50.79%|
|% RENTER OCCUPIED||49.21%|
|TYPE OF TAKOMA PARK HOMES|
|SINGLE FAMILY DETACHED||50.07%|
|ROWHOUSES AND ATTACHED HOMES||1.64%|
|SMALL APARTMENT BUILDINGS||6.07%|
|COMPLEXES OR HIGH RISE APARTMENTS||42.23%|
|SIZE OF TAKOMA PARK HOMES|
|5 OR MORE BEDROOMS||6.94%|
|AGE OF TAKOMA PARK HOMES|
|NEWER HOMES (2000 OR LATER)||1.27%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||12.54%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||56.27%|
|HISTORIC (1939 OR BEFORE)||29.92%|
|TAKOMA PARK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$516,144|
|MEDIAN RENTAL PRICE||$1,186|
|HOME VALUE RANGE|
|$0 - $55,000||1.25%|
|$55,001 - $109,000||0.00%|
|$109,001 - $218,000||5.58%|
|$218,001 - $327,000||9.46%|
|$327,001 - $436,000||18.80%|
|$436,001 - $545,000||19.69%|
|$545,001 - $818,000||33.27%|
|$818,001 - $1,090,000||10.44%|
|PEOPLE OF TAKOMA PARK||DETAILS|
|UNDER 5 YEARS||6.93%|
|5 TO 17||15.90%|
|18 TO 24||8.15%|
|25 TO 34||14.68%|
|35 TO 54||29.36%|
|55 TO 64||14.68%|
|65 YEARS AND OVER||10.30%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||89.62%|
|MEDIAN HOUSEHOLD INCOME||$78,106|
|PER CAPITA INCOME||$40,336|
|INDIVIDUALS BELOW POVERTY LEVEL||7.58%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (13.13%)
Professional, scientific, and technical services (13.09%)
Public Service (12.48%)
Information Technology (4.60%)
|BLACK OR AFRICAN AMERICAN||33.92%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.12%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||6.84%|
|TWO OR MORE RACES||3.65%|
|HISPANIC OR LATINO (OF ANY RACE)||15.05%|
|ETHNICITIES PRESENT||German (11.23%)
|LANGUAGES SPOKEN||English (66.09%)
African languages (9.51%)
French Creole (1.11%)
Other Asian languages (1.06%)
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