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NEIGHBORHOOD

Terrace Park

Florida · Tampa · 17,498 residents · 4.96 sq mi
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The short version

With 17,498 people, Terrace Park is a neighborhood in Tampa. The poverty rate is 64.3%, above the 12.5% national rate. 18% of homes are owner-occupied. This skews young, with a median age of 27.8. Four-year degrees are less common here than nationally, at 19% of adults. Households here earn about 45% less than in Tampa as a whole. These figures are approximated by combining the 3 census tracts that make up Terrace Park; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 27.8
US median: 38.9
Less educated
19% hold a bachelor's degree
US average: 36%
Renter-heavy
18% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
17,498
Population density
3,529 / sq mi
US average: 281
Median age
27.8
US average: 38.9
Land area
4.96 sq mi
Section 02

Income & economy

Median household income
$41,672
US average: $82,259
Per capita income
$14,448
US average: $44,673
Households earning $100K+
11.3%
US average: 53.3%
Poverty rate
64.3%
US average: 12.5%
Income inequality (Gini)
0.243
US average: 0.476
Workforce by industry, 2024
Information15.6%
US avg: 10.8%
Finance & insurance5.9%
US avg: 5.9%
Wholesale trade5.4%
US avg: 6.9%
Professional, scientific, technical4.9%
US avg: 5.1%
Other services3.4%
US avg: 6.7%
Public administration2.4%
US avg: 4.8%
Transportation & warehousing2.2%
US avg: 2.2%
Retail trade2.1%
US avg: 9.9%
Arts, entertainment, food1.9%
US avg: 1.9%
Education & health services1%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

Median home value
$275,340
US average: $376,019
Median gross rent
$1,266
US average: $1,442
Owner-occupied
18.1%
81.9% rent
Vacancy rate
5.2%
US average: 10.0%
Persons per household
1.71 people
US average: 2.54
Owner cost-burdened
38.5%
US average: 22.9%
Renter cost-burdened
77.9%
US average: 47.4%
Afford Score
6.6
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04

Race & ethnicity

2024
White, non-Hispanic44%(7,695)
Black21.1%(3,700)
Hispanic / Latino25.4%(4,436)
Asian5%(868)
Other4.6%(799)
2024
White, non-Hispanic44%(7,695)
Black21.1%(3,700)
Hispanic / Latino25.4%(4,436)
Asian5%(868)
Other4.6%(799)
Diversity Score
87
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 05

Education

Bachelor's degree or higher
19.2%
US average: 35.6%
High school or higher
75.3%
US average: 89.6%
Graduate degree
9.5%
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.7 min
US average: 26.5
Drive alone to work
51.3%
US average: 68.9%
Carpooled to work
7.8%
US average: 8.5%
Public transit
1.9%
US average: 3.2%
Worked from home
21.1%
US average: 15.0%
Walked to work
11.9%
US average: 2.4%
Biked to work
1.9%
US average: 0.4%
No vehicle available
7.2%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
10.4%
US average: 5.2%
Labor force participation
53.1%
US average: 63.5%
Self-employed
14.0%
US average: 13.1%
Management & professional
29.3%
US average: 42.5%
Section 08

People & community

Male
44.7%
Female
55.3%
Foreign born
16.9%
US average: 14.1%
Veterans
3.1%
US average: 6.2%
With a disability
8.4%
US average: 13.3%
Uninsured
7.8%
US average: 8.4%
Broadband at home
53.0%
US average: 91.0%
English only at home
69.3%
US average: 77.7%
Spanish at home
20.4%
US average: 13.6%
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Frequently asked

How many people live in Terrace Park, Tampa, Florida?

Terrace Park, Tampa, Florida has about 17,498 residents according to the 2024 American Community Survey.

What is the median household income in Terrace Park, Tampa, Florida?

The typical household in Terrace Park, Tampa, Florida earns about $41,672 a year. Half of households make more than that, and half make less.

Is Terrace Park, Tampa, Florida expensive?

In Terrace Park, Tampa, Florida, the median home is worth about $275,340, and the typical rent is about $1,266 a month.

How educated are people in Terrace Park, Tampa, Florida?

About 19.2% of adults age 25 and over in Terrace Park, Tampa, Florida hold a bachelor's degree or higher.

What is the poverty rate in Terrace Park, Tampa, Florida?

About 64.3% of people in Terrace Park, Tampa, Florida live below the federal poverty line.

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Containing area
Tampa

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →