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Moving to Terrace Park, OH

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Everything You Should Know Before Moving to Terrace Park, OH

Considering a move to Terrace Park, OH? This welcoming community of 2,200 residents offers a blend of suburban charm and convenience, with median home prices around $520,000 and average rents near $1,650. Commute times average 26 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (55% annually), ideal for families and commuters alike. Explore Terrace Park's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Terrace Park, OH

Terrace Park has a population of 2,200 residents, offering a diverse community with a median age of nearly 46 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 97% White, 1% Black, and 1% Asian residents, and over 3% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
2,200
Density
2,300 per sq mi
Median Age
45.8
Gender Ratio
95 males per 100 females
Non-English Speakers Percentage
2.6%

Ethnic Composition

White
96.8%
Black
0.8%
Asian
1.0%
Others
1.4%

Cost Of Living

What is the average cost of living in Terrace Park, OH?

The cost of living in Terrace Park is higher than the national average, with a cost of living index of 114.5. Median home values are around $520,000 and average rents for a two-bedroom apartment are approximately $1,650. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$520,000
Gross Rent
$1,650
Monthly Electricity Charges
$145
Auto Insurance
$1,620
House Owner Cost With Mortgage
$2,850
House Owner Cost Without Mortgage
$780
State Taxes
Low: 2.8%| High: 5.3%
Cost Of Living Index
114.5
Grocery
103.8
Housing
141.2
Utilities
101.6
Transportation
102.4
Health Care
98.7
Miscellaneous
99.5

Crime

Is Terrace Park, OH a safe place to live?

Terrace Park is considered a safe community, with a low violent crime rate of 58 incidents per 100,000 residents and a property crime chance of 1 in 122. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Ohio.

Violent Crimes Per 100k
58
Property Crimes Per 100k
820
Crime Index
878
Chance Of Violent Crime
1 in 1,724
Chance Of Property Crime
1 in 122

Weather

What is the weather like in Terrace Park, OH year-round?

Terrace Park experiences four distinct seasons, with warm summers reaching highs of 86°F and cold winters dipping to 23°F. The area receives about 43 inches of rainfall annually and enjoys sunshine on 55% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
23°F
Max
39°F

Summer

Min
68°F
Max
86°F

Spring

Min
44°F
Max
67°F

Fall

Min
47°F
Max
69°F
Average Rainfall Inches
43.1 inches
Sunny Days Percentage
55%

Neighbors

The neighborhood boasts a healthy median household income of $185,000 and a low poverty rate of 2.4%. Over 99% of residents have at least a high school diploma, and nearly 72% hold a bachelor's degree or higher. Commute times average 26 minutes, and almost 4% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$78,000
Household Income
$185,000
Family Income
$210,000
Per Capita Income
$86,000
Income Male
$92,000
Income Female
$68,000
Poverty Rate
2.4%
Non English Speakers
5.1%
Rent
$1,650
Unemployment Rate
2.9%
Public Transport Usage
3.8%
Commute Time
25.7 minutes

Education

High School or Higher
98.6%
Bachelors or More
72.4%

Education

How are the schools in Terrace Park, OH?

Terrace Park offers quality education options, with public schools like Mariemont Junior High School and Terrace Park Elementary School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Miami University Regionals - Blue Ash Campus and University of Cincinnati. The community is committed to educational excellence for all age groups.

Public Schools

Name
Mariemont Junior High School
Street
5661 Murray Ave
Phone
513-891-6225
Students
560
Student Teacher Ratio
13.4
Name
Terrace Park Elementary School
Street
5901 Locust Ave
Phone
513-272-8300
Students
320
Student Teacher Ratio
14.1

Private Schools

Name
Saint Ursula Academy
Street
1339 East McMillan St
Phone
513-961-3410
Students
690

Colleges

Name
Miami University Regionals - Blue Ash Campus
City
Blue Ash
State
OH
Distance
12 miles
Students
2,100
Name
University of Cincinnati
City
Cincinnati
State
OH
Distance
13 miles
Students
46,000

Healthcare

Terrace Park residents have access to quality healthcare, with major hospitals like The Christ Hospital and Mercy Health - Anderson Hospital nearby. The community benefits from a high physician-to-resident ratio of 3.0 per 1,000 people and 95.8% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
The Christ Hospital
Address
2139 Auburn Ave, Cincinnati, OH 45219
Phone
(513) 585-2000
Type
General & Surgical
Emergency Services
Yes
Name
Mercy Health - Anderson Hospital
Address
7500 State Rd, Cincinnati, OH 45255
Phone
(513) 624-4500
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
3.0
Health Insurance Coverage
95.8%
Health Care Index
78.4

Housing Market

What is the housing market like in Terrace Park, OH?

The local housing market is strong, with a median home price of $520,000 and an owner-occupied rate of nearly 89%. The market has seen a 4.6% appreciation over the past year, and rental vacancy rates remain moderate at 4.1%. Terrace Park offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$520,000
Average Rent For 2 Bedroom
$1,650
Owner Occupied Rate
88.5%
Rental Vacancy Rate
4.1%
Home Appreciation Rate (1yr)
4.6%
New Construction Rate
1.2%
Foreclosure Rate
0.2%

DMV Information

Residents of Terrace Park handle vehicle services through the Ohio Bureau of Motor Vehicles, conveniently located in Columbus. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Ohio
Department
Ohio Bureau of Motor Vehicles
Address
1970 W Broad St, Columbus, OH 43223
Phone
1-844-644-6268

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Terrace Park, OH

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Terrace Park, review the core fields on this page: population 2,200, median home value $520,000, average rent for 2 bedroom $1,650, commute time 25.7 minutes, and sunny days percentage 55%.

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