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.