Terrace Park, Ohio Demographics & Population 2026
During the 2020–2024 ACS period, Terrace Park, Ohio had a total population of 2,295, the 461st largest village in Ohio, with a median household income of $197,750, which is 177% higher than the state average. The poverty rate is 2.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 177% above the state average — one of the wealthiest communities in Ohio.
- An exceptionally low poverty rate of 2.1% — among the lowest in Ohio.
- 85.6% of adults hold a bachelor's degree or higher — top 10% in Ohio.
Terrace Park Quick Facts
How Terrace Park Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,282 | 2,295 | +0.6% |
| Median household income | $206,705 | $197,750 | -4.3% |
| Median home value | $581,000 | $606,600 | +4.4% |
How Terrace Park Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Terrace Park Rankings in Ohio
Explore Ohio Rankings
Other Cities in Hamilton County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Cincinnati | 311,224 | $52,909 | 25.5% | $230,900 |
| Fairfield | 44,828 | $77,937 | 8.4% | $234,500 |
| Forest Park | 20,025 | $75,956 | 10.6% | $190,400 |
| White Oak | 19,216 | $70,341 | 8.2% | $203,700 |
| Norwood | 19,114 | $71,611 | 17.5% | $258,700 |
| Sharonville | 14,030 | $74,649 | 9.1% | $223,800 |
| Bridgetown | 13,464 | $80,564 | 5.7% | $183,600 |
| Blue Ash | 13,455 | $115,313 | 4.0% | $403,200 |
| Loveland | 13,197 | $94,323 | 7.8% | $321,300 |
| Harrison | 13,084 | $100,000 | 6.9% | $229,400 |
Cities Similar to Terrace Park
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Gates Mills | 2,207 | $231,250 | $743,400 | 76.8% | 6.1% |
| Silver Lake | 2,515 | $139,934 | $319,400 | 58.5% | 2.9% |
| Minerva Park | 2,446 | $130,878 | $311,900 | 48.4% | 4.6% |
| Five Points | 2,031 | $144,293 | $515,300 | 54.8% | 1.9% |
| Evendale | 2,651 | $148,500 | $407,300 | 66.2% | 1.5% |
Population Overview
Terrace Park is a small community located in Ohio, within Hamilton County. The total population is 2,295. It ranks as the 461st most populous out of 1,264 Census-designated places in Ohio.
Age Demographics
The median age in Terrace Park is 38.2 years. This is 4% lower than the state median of 39.7 years. With 37.2% of the population under 18, Terrace Park has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Terrace Park is $197,750. This is 177% higher than the state median of $71,389. It is also 145% higher than the national median of $80,734. The poverty rate stands at 2.1%. This is 84% lower than the state poverty rate of 13.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.9%. This is 18% lower than the state rate of 4.8%. The median home value is $606,600. Housing costs are 182% higher than the state median of $214,800. The home-value-to-income ratio is 3.1x. 97.0% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 67.2%.
Race & Ethnicity
Terrace Park has a predominantly White (non-Hispanic) population, comprising 88.9% of all residents. Hispanic or Latino residents account for 5.5%. The Asian population (0.4%) is well below the state average of 2.5%.
Education
85.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Terrace Park in the top 10% of all cities in the state for educational attainment. This is 172% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.7%. Notably, 33.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Terrace Park, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Terrace Park, Ohio?
Terrace Park, Ohio has a population of 2,295 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Terrace Park, OH?
The median household income in Terrace Park is $197,750, which is 145% higher than the national median of $80,734.
What is the poverty rate in Terrace Park, OH?
The poverty rate in Terrace Park is 2.1%. This means approximately 49 residents live below the federal poverty line.
What is the racial makeup of Terrace Park, Ohio?
Terrace Park's population is 88.9% White, 0.0% Black, 5.5% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Terrace Park, OH?
The median home value in Terrace Park is $606,600. The home-value-to-income ratio is 3.1x.
How educated is Terrace Park, Ohio?
85.6% of adults (25+) in Terrace Park hold a bachelor's degree or higher, and 33.8% hold a graduate or professional degree.