Terrace Gardens, MD

Comprehensive Demographic, Economic, and Housing Data Profile

Living in Terrace Gardens, MD: Quick Facts & Overview

  • Population: 22,570 residents (474 people per sq. mi.)
  • Average House Price: $561,153
  • Average Household Income: $139,432

Terrace Gardens, MD is located in the state of Maryland. It is home to about 22,570 people, with around 474 residents living in every square mile.

If you want to buy a house in Terrace Gardens, the average price is around $561,153. That makes local housing 25% higher than the Maryland average of $450,580, and 82% higher than the national average of $308,592.

The average household in Terrace Gardens earns about $139,432 a year. This income is 22% higher than the average family in Maryland ($114,054), and 77% higher than the national average ($78,686).

Population 22,570
Median Household Income $139,432
Median Home Value $561,153
Median Age 38.0 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$70,503
Labor Force Participation70.5%
Unemployment Rate2.7%
Average Commute Time28.2 mins

Housing & Community Metrics

Home Ownership Rate86.3%
Median Rent$2,166
Rent Burdened (>30% Income)29.3%
Total Housing Units8,275

Additional Census & Housing Profile

Geographic Overview

CountyAnne Arundel
County FIPS24003
Metro Area (CBSA)Baltimore-Columbia-Towson, MD
Combined Area (CSA)Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Population Density474.3/sq mi
Coordinates (lat/lng)39.0404, -76.5108
TimezoneAmerica/New_York
National Ranking4
IncorporatedNo

Household Structure

Average Family Size3.15
Dual Income Families64.8%

Marital Status

Married59.2%
Never Married27.0%
Divorced9.6%
Widowed4.1%

Gender

Male49.6%
Female50.4%

Health & Poverty

Uninsured Rate (Health)2.4%
Poverty Rate3.3%

Key Population Groups

Veterans12.3%
Disabled Population8.9%
Limited English Proficiency0.6%

All ZIP Codes in Terrace Gardens

ZIP Code Population Median Household Income Median Home Value
21012 22,570 $139,432 $561,153

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