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Terrace Park village, Ohio Demographics & Population 2026

Highly Educated3rd highest bachelor's degree rate in Ohio

As of 2026, Terrace Park village, Ohio has a total population of 2,282, the 461st largest city in Ohio, with a median household income of $206,705, which is 197% higher than the state average. The poverty rate is 2.1%.

Key Takeaways

Terrace Park village Quick Facts

Population 2,282
Median Household Income $206,705
Median Home Value $581,000
Poverty Rate 2.1%
Unemployment Rate 3.5%
Median Age 38.8 years
Homeownership Rate 96.6%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 85.8%
High School Graduation Rate 98.9%
Diversity Index 18/100
Population 2,282 461st of 1,264
Median Income $206,705 top 10%
Poverty Rate 2.1% 83% lower national
Median Home Value $581,000 top 10%

How Terrace Park village Compares

Economy & Housing

Employment

3.5% Unemployment Rate State: 4.9% | National: 5.2%
69.9% Labor Force Participation

Housing Overview

Owner 96.6%
Renter 3.4%
Affordability Index Very Affordable
2.8x home value to income ratio

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 39 | National average: 60

Education

Terrace Park village Rankings in Ohio

#461 Population of 1,264
#10 Median Income of 1,264
#3 Education of 1,264
#15 Home Value of 1,264

Other Cities in Hamilton County

CityPopulationMedian IncomePovertyHome Value
Cincinnati city 309,595 $51,707 24.5% $215,300
Fairfield city 44,597 $70,166 9.1% $218,100
Forest Park city 19,994 $67,201 10.9% $163,200
Norwood city 19,023 $64,724 17.5% $228,300
Sharonville city 13,989 $70,781 5.7% $207,900
Blue Ash city 13,374 $116,663 5.3% $365,700
Springdale city 10,983 $72,500 12.3% $171,400
Montgomery city 10,816 $148,438 2.7% $505,800
Reading city 10,490 $60,167 12.9% $184,200
North College Hill city 9,564 $63,031 24.0% $125,200

Cities Similar to Terrace Park village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gambier village2,064N/A$254,00077.4%28.8%
Gates Mills village2,192$175,833$651,60074.5%6.4%
Choctaw Lake CDP2,145$146,850$338,70041.3%5.7%
Silver Lake village2,514$142,083$299,50061.9%2.6%
Evendale village2,656$154,896$385,50065.5%2.2%

Population Overview

Terrace Park village is a small community located in Ohio, within Hamilton County. The total population is 2,282. It ranks as the 461st most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Terrace Park village is 38.8 years. This is 2% lower than the state median of 39.6 years. With 36.5% of the population under 18, Terrace Park village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Terrace Park village is $206,705. This is 197% higher than the state median of $69,680. Compared to the national median of $78,538, household income here is 163% higher. The poverty rate stands at 2.1%. This is 84% lower than the state poverty rate of 13.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.5%. This is 27% lower than the state rate of 4.9%. The median home value is $581,000. Housing costs are 192% higher than the state median of $199,200. With a home-value-to-income ratio of just 2.8x, Terrace Park village is one of the most affordable housing markets in the area. 96.6% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 67.0%.

Race & Ethnicity

Terrace Park village has a predominantly White (non-Hispanic) population, comprising 90.1% of all residents. Hispanic or Latino residents account for 5.4%. The Asian population (0.4%) is well below the state average of 2.4%.

Education

85.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Terrace Park village in the top 10% of all cities in the state for educational attainment. This is 177% higher than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.9%. Notably, 35.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Terrace Park village, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Terrace Park village, Ohio?

Terrace Park village, Ohio has a population of 2,282 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Terrace Park village, OH?

The median household income in Terrace Park village is $206,705, which is 163% higher the national median of $78,538.

What is the poverty rate in Terrace Park village, OH?

The poverty rate in Terrace Park village is 2.1%. This means approximately 47 residents live below the federal poverty line.

What is the racial makeup of Terrace Park village, Ohio?

Terrace Park village's population is 90.1% White, 0.0% Black, 5.4% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Terrace Park village, OH?

The median home value in Terrace Park village is $581,000. The home-value-to-income ratio is 2.8x.

How educated is Terrace Park village, Ohio?

85.8% of adults (25+) in Terrace Park village hold a bachelor's degree or higher, and 35.0% hold a graduate or professional degree.