Living in Terrace Heights, Washington
Cost of living, income, home prices, rent and demographics of Terrace Heights · Census data 2020–2024
Terrace Heights has 10,041 residents with a median age of 35.4. The median household income is $83,016 (15% lower than the Washington median), the median home value is $377,300, the median rent is $1,196/month.
Terrace Heights at a glance
- Population
- 10,041
- Median age
- 35.4State: 38.3
- Median household income
- $83,016State: $98,141
- Median home value
- $377,300State: $564,600
- Median rent
- $1,196/moState: $1,760
- Homeowners
- 62.1%
- Bachelor's degree or higher
- 28.2%
- Average commute
- 19 min
Is Terrace Heights a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 19 minutes; unemployment of 0.5%.
Cons: Median household income 15% lower than the Washington median; a poverty rate of 14.4%.
The weather is best in May–June and August–September.
Cost of living in Terrace Heights
Housing is the biggest part of the cost of living. In Terrace Heights the median home value is $377,300, 13% higher than the U.S. median. Renters pay a median of $1,196 per month, which is 29.2% of household income. Homeowners with a mortgage pay $1,967 a month in housing costs.
Terrace Heights median household income
The median household income in Terrace Heights is $83,016 and the income per person is $39,820. 14.4% of residents live below the poverty line (Washington: 9.9%).
Housing in Terrace Heights: homes for sale and rent
- Housing units
- 4,497
- Owner-occupied
- 62.1%
- Renter-occupied
- 37.9%
- Vacant
- 5.7%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.36
Terrace Heights demographics
- Population
- 10,041
- Median age
- 35.4
- Under 18
- 22.6%
- 65 and older
- 18.8%
- Households
- 4,241
- Foreign-born
- 11.7%
- Veterans
- 6.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Terrace Heights ›
Education in Terrace Heights
28.2% of adults 25 and older in Terrace Heights have a bachelor's degree or higher (Washington: 39.6%), and 10% have a graduate or professional degree.
Jobs and commute in Terrace Heights
- Unemployment rate
- 0.5%State: 5.1%
- Average commute
- 19 minState: 27 min
- Work from home
- 10.4%
- Drive alone
- 82.5%
- Public transit
- 0%
- Walk to work
- 0.6%
- Homes with broadband
- 95.8%
Terrace Heights vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Terrace Heights | 10,041 | $83,016 | $377,300 | $1,196 |
| Moxee | 4,625 | $100,512 | $362,800 | $1,356 |
| Union Gap | 6,584 | $59,651 | $210,600 | $1,133 |
| Yakima | 96,961 | $62,815 | $297,600 | $1,117 |
| Selah | 8,437 | $74,783 | $414,600 | $1,539 |
| Ahtanum | 3,777 | $96,149 | $337,500 | $1,575 |
| Gleed | 2,844 | $78,529 | $353,900 | $1,583 |
| Eschbach | 181 | $79,375 | $605,500 | — |
| Summitview | 2,321 | $105,184 | $409,600 | $1,814 |
More for people moving to Terrace Heights
Terrace Heights ZIP code ›Weather and climate ›Living in Terrace Heights: FAQ
What is the median household income in Terrace Heights, WA?
The median household income in Terrace Heights is $83,016, 15% lower than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Terrace Heights?
The median home value in Terrace Heights is $377,300, compared with $564,600 in Washington.
How much is rent in Terrace Heights?
The median gross rent in Terrace Heights is $1,196 per month, about 29.2% of household income.
Is Terrace Heights, WA a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 19 minutes; unemployment of 0.5%. Minuses: median household income 15% lower than the Washington median; a poverty rate of 14.4%.
What is the median age in Terrace Heights?
The median age in Terrace Heights is 35.4 years (Washington: 38.3).
How long is the commute in Terrace Heights?
The average commute to work in Terrace Heights is 19 minutes; 10.4% of workers work from home.
What is the unemployment rate in Terrace Heights?
The unemployment rate in Terrace Heights is 0.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Terrace Heights?
28.2% of adults in Terrace Heights have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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