Terrace Park is a very small village located in the state of Ohio. With a population of 2,245 people and just one neighborhood, Terrace Park is the 412th largest community in Ohio.
Real Estate Prices
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 96.07% of the workforce employed in white-collar jobs, well above the national average. Overall, Terrace Park is a village of managers, sales and office workers and professionals. There are especially a lot of people living in Terrace Park who work in management occupations (24.77%), sales jobs (18.13%) and business and financial occupations (11.98%).
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.
A relatively large number of people in Terrace Park telecommute to their jobs. Overall, about 10.19% 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.
Setting & Lifestyle
In addition, Terrace Park is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Terrace Park is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Terrace Park’s overall crime rate is lower than average for the country.