Terrace Park, OH

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Terrace Park Profile


Overview

Terrace Park is a very small village located in the state of Ohio. With a population of 2,295 people and just one neighborhood, Terrace Park is the 412th largest community in Ohio.

Terrace Park home prices are not only among the most expensive in Ohio, but Terrace Park real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

Terrace Park is a decidedly white-collar village, with fully 96.53% of the workforce employed in white-collar jobs, well above the national average. Overall, Terrace Park is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Terrace Park who work in management occupations (26.67%), sales jobs (14.84%), and business and financial occupations (10.80%).

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.90% 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.

Setting & Lifestyle

In addition, Terrace Park is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Because of many things, Terrace Park is a great place for families with children to consider. First of all, many other families with children live here, making Terrace Park a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Terrace Park has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Terrace Park’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

Terrace Park 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 83.19% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Terrace Park in 2018 was $75,337, which is wealthy relative to Ohio and the nation. This equates to an annual income of $301,348 for a family of four.

The people who call Terrace Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Terrace Park residents report their race to be White, followed by Asian. Important ancestries of people in Terrace Park include German, English, Irish, Italian, and Scottish.

The most common language spoken in Terrace Park is English. Other important languages spoken here include Polish and French.


Neighborhood Real Estate Data

Source
Real Estate Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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Rental Market

 

Average Market Rent:
/ per month

GROSS RENTAL YIELD:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Terrace Park, OH HOMES

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TYPE OF Terrace Park, OH HOMES

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SIZE OF Terrace Park, OH HOMES

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SIZE OF Terrace Park, OH HOMES

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homeownership

 
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Neighborhood Demographics Data

Source
Demographics Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2018 (latest available). Updated annually. Please note: Unemployment data updated November 2020.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Gender Ratio

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Military & College Status

 
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Employment Industries in Terrace Park

 
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Commute to work

 

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Vehicles Per Household

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Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Languages Spoken (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

Source
Crime Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

Violent Crime Comparison (per 1,000 residents)

20 15 10 5 0
LOCKED
LOCKED
National Median: 4
    Terrace Park
    Ohio

My Chances of Becoming a Victim of a Violent Crime

1 in

in Terrace Park

1 in 341

in Ohio

Terrace Park VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

Property Crime Comparison (per 1,000 residents)

100 75 50 25 0
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LOCKED
National Median: 21
    Terrace Park
    Ohio

My Chances of Becoming a Victim of a Property Crime

1 in

in Terrace Park

1 in 49

in Ohio

Terrace Park Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

200 150 100 50 0
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National Median: 28.3
    Terrace Park
    Ohio

Neighborhood Public School Data

Source
School Data Tutorial

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Test data: Reflects 2018 – 2019 school year.
  • Expenditures: 2017
  • Educational Environment: 2018 (latest available). Updated annually.

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood

 
School Details Grades Quality Rating Compared to OH* Quality Rating Compared to Nation*
Indian Hill Elementary School
6100 Drake Rd
Cincinnati, OH 45243
03-05
Indian Hill High School
6865 Drake Rd
Cincinnati, OH 45243
09-12
Indian Hill Middle School
6845 Drake Rd
Cincinnati, OH 45243
06-08
Indian Hill Primary Elementary School
6207 Drake Rd
Cincinnati, OH 45243
KG-02
Milford Junior High School
5735 Pleasant Hill Rd
Milford, OH 45150
04-08
Milford Sr High School
1 Eagles Way
Milford, OH 45150
09-12
Pattison Elementary School
5330 S Milford Rd
Milford, OH 45150
KG-06
Terrace Park Elementary School
723 Elm Ave
Terrace Park, OH 45174
PK-07
* 10 is highest

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 3 districts:

MILFORD EXEMPTED VILLAGE


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Ohio

(10 is best)

Better than of OH school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED 18.1% 24.6%
FREE LUNCH ELIGIBLE 15.2% 20.5%
REDUCED LUNCH ELIGIBLE 3.0% 4.2%

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

INDIAN HILL EXEMPTED VILLAGE


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Ohio

(10 is best)

Better than of OH school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED 2.9% 24.6%
FREE LUNCH ELIGIBLE 2.6% 20.5%
REDUCED LUNCH ELIGIBLE 0.3% 4.2%

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

MARIEMONT CITY


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Ohio

(10 is best)

Better than of OH school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED 9.2% 24.6%
FREE LUNCH ELIGIBLE 8.2% 20.5%
REDUCED LUNCH ELIGIBLE 1.0% 4.2%

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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