Terrace Bay, IN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Terrace Bay, IN: Quick Facts & Overview
- Population: 14,825 residents (217 people per sq. mi.)
- Average House Price: $189,526
- Average Household Income: $65,603
Terrace Bay, IN is located in the state of Indiana. It is home to about 14,825 people, with around 217 residents living in every square mile.
If you want to buy a house in Terrace Bay, the average price is around $189,526. That makes local housing 3% lower than the Indiana average of $195,725, and 39% lower than the national average of $308,592.
The average household in Terrace Bay earns about $65,603 a year. This income is 11% lower than the average family in Indiana ($73,687), and 17% lower than the national average ($78,686).
Population
14,825
Median Household Income
$65,603
Median Home Value
$189,526
Median Age
47.8 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $36,394 |
| Labor Force Participation | 60.0% |
| Unemployment Rate | 4.7% |
| Average Commute Time | 24.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 81.5% |
| Median Rent | $902 |
| Rent Burdened (>30% Income) | 33.2% |
| Total Housing Units | 6,398 |
Additional Census & Housing Profile
Geographic Overview
| County | Carroll |
| County FIPS | 18015 |
| Metro Area (CBSA) | Lafayette-West Lafayette, IN |
| Combined Area (CSA) | Lafayette-West Lafayette-Frankfort, IN |
| Population Density | 216.9/sq mi |
| Coordinates (lat/lng) | 40.7150, -86.7461 |
| Timezone | America/Indiana/Indianapolis |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.81 |
| Dual Income Families | 45.0% |
Marital Status
| Married | 48.8% |
| Never Married | 25.2% |
| Divorced | 16.7% |
| Widowed | 9.4% |
Gender
| Male | 49.6% |
| Female | 50.4% |
Health & Poverty
| Uninsured Rate (Health) | 6.8% |
| Poverty Rate | 9.0% |
Key Population Groups
| Veterans | 7.9% |
| Disabled Population | 16.3% |
| Limited English Proficiency | 0.8% |
All ZIP Codes in Terrace Bay
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 47960 | 14,825 | $65,603 | $189,526 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Monticello, IN | 2.4 miles | 5,496 |
| Yeoman, IN | 3.5 miles | 235 |
| Norway, IN | 4.7 miles | 282 |
| Idaville, IN | 5.8 miles | 399 |
| Reynolds, IN | 7.1 miles | 718 |
| Chalmers, IN | 7.3 miles | 526 |
| Burnettsville, IN | 8.5 miles | 307 |
| Pittsburg, IN | 8.8 miles | 201 |
| Delphi, IN | 10 miles | 2,927 |
| Brookston, IN | 10.1 miles | 1,530 |
| Rockfield, IN | 10.4 miles | 144 |
| Buffalo, IN | 12 miles | 947 |
| Monon, IN | 12.4 miles | 2,091 |
| Burrows, IN | 12.7 miles | 138 |
| Camden, IN | 13.1 miles | 585 |
| Battle Ground, IN | 15.4 miles | 1,969 |
| Wolcott, IN | 15.8 miles | 1,033 |
| Royal Center, IN | 16.5 miles | 919 |
| Flora, IN | 16.6 miles | 2,114 |
| Deer Creek, IN | 19.9 miles | 183 |
| Francesville, IN | 20 miles | 946 |
| Cutler, IN | 20.2 miles | 108 |
| Star City, IN | 20.4 miles | 386 |
| Logansport, IN | 20.8 miles | 17,790 |
| Lucerne, IN | 20.8 miles | 141 |
| Remington, IN | 20.9 miles | 1,623 |
| West Lafayette, IN | 21 miles | 45,159 |
| Rossville, IN | 21.9 miles | 1,565 |
| Lafayette, IN | 22.6 miles | 165,110 |
| Young America, IN | 23.3 miles | 225 |
| Dayton, IN | 23.5 miles | 1,168 |
| Otterbein, IN | 23.8 miles | 1,576 |
| Anoka, IN | 24.3 miles | 398 |
| Winamac, IN | 24.5 miles | 2,473 |
| Burlington, IN | 24.5 miles | 562 |
| Mulberry, IN | 25.8 miles | 1,265 |
| Medaryville, IN | 26.3 miles | 729 |
| Walton, IN | 26.6 miles | 827 |
| Rensselaer, IN | 26.9 miles | 5,573 |
| Kewanna, IN | 27.3 miles | 533 |
| Shadeland, IN | 27.6 miles | 1,921 |
| Green Hill, IN | 28.3 miles | 234 |
| Lake Bruce, IN | 28.6 miles | 163 |
| Goodland, IN | 28.9 miles | 792 |
| Onward, IN | 28.9 miles | 202 |
| Lincoln, IN | 28.9 miles | 147 |
| Twelve Mile, IN | 29.2 miles | 300 |
| Oxford, IN | 29.5 miles | 1,113 |
| West Point, IN | 29.6 miles | 189 |
| Fulton, IN | 29.8 miles | 256 |
| Stockwell, IN | 30 miles | 286 |
| Galveston, IN | 30.6 miles | 1,363 |
| Fowler, IN | 30.8 miles | 2,360 |
| New London, IN | 31.2 miles | 207 |
| Grissom AFB, IN | 31.6 miles | 2,977 |
| Forest, IN | 32.1 miles | 259 |
| Frankfort, IN | 32.2 miles | 15,917 |
| Russiaville, IN | 32.2 miles | 1,445 |
| Clarks Hill, IN | 32.3 miles | 700 |
| Pine Village, IN | 32.3 miles | 239 |
| Michigantown, IN | 32.6 miles | 514 |
| Romney, IN | 32.9 miles | 391 |
| Monterey, IN | 33.4 miles | 143 |
| West Middleton, IN | 33.7 miles | 185 |
| Leiters Ford, IN | 33.8 miles | 183 |
| Mexico, IN | 33.9 miles | 906 |
| Bunker Hill, IN | 34 miles | 940 |
| Brook, IN | 34 miles | 900 |
| Nyona Lake, IN | 34 miles | 389 |
| Miami, IN | 34.2 miles | 409 |
| San Pierre, IN | 34.3 miles | 727 |
| Cassville, IN | 34.4 miles | 279 |
| Hartz Lake, IN | 34.5 miles | 312 |
| Bennetts Switch, IN | 34.5 miles | 141 |
| North Judson, IN | 34.7 miles | 1,823 |
| Peru, IN | 35.2 miles | 10,901 |
| Earl Park, IN | 35.4 miles | 342 |
| Boswell, IN | 35.7 miles | 794 |
| Antioch, IN | 36 miles | 129 |
| Colfax, IN | 36.2 miles | 906 |
| Macy, IN | 36.4 miles | 199 |
| Denver, IN | 36.5 miles | 553 |
| Fair Oaks, IN | 36.5 miles | 323 |
| Hillisburg, IN | 36.5 miles | 194 |
| Bass Lake, IN | 36.6 miles | 983 |
| Wheatfield, IN | 36.6 miles | 792 |
| Kokomo, IN | 36.8 miles | 59,122 |
| Kentland, IN | 36.9 miles | 1,828 |
| Rochester, IN | 37.3 miles | 6,215 |
| Linden, IN | 37.3 miles | 590 |
| New Richmond, IN | 38 miles | 433 |
| Culver, IN | 38.5 miles | 1,392 |
| Attica, IN | 39.5 miles | 3,238 |
| Morocco, IN | 40.1 miles | 1,040 |
| Kempton, IN | 40.1 miles | 225 |
| Knox, IN | 40.3 miles | 3,479 |
| Center, IN | 40.8 miles | 605 |
| Williamsport, IN | 41.1 miles | 1,867 |
| Thorntown, IN | 41.1 miles | 1,212 |
| Newtown, IN | 41.1 miles | 200 |