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Takoma Park, MD&

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Population
17,567
0.51% growth
Median Age
37.8
Median Household Income
$78,921
4.61% decline
Poverty Rate
7.94%
Number of Employees
10,028
0.47% decline
Median Property Value
$508,600
4.59% growth

Economy

The economy of Takoma Park, MD employs 10,028 people. The economy of Takoma Park, MD is specialized in Public Admin.; Other services, except public administration; and Professional, Scientific, Tech Services, which employ respectively 2.37; 2; and 1.87 times more people than what would be expected in a location of this size. The largest industries in Takoma Park, MD are Healthcare & Social Assistance (1,394), Professional, Scientific, Tech Services (1,336), and Educational Services (1,283), and the highest paying industries are Finance & Insurance ($86,250), Professional, Scientific, Tech Services ($83,583), and Educational Services ($45,785).

Median household income in Takoma Park, MD is $78,921. Males in Takoma Park, MD have an average income that is 1.19 times higher than the average income of females, which is $66,763. The income inequality of Takoma Park, MD (measured using the Gini index) is 0.478 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Takoma Park, MD. In Montgomery County, MD the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 138 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,492. Baltimore city, MD has the highest prevalence of homicides of any county in Maryland.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of Takoma Park, MD is from the county of Montgomery County, MD.

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Diversity

Takoma Park, MD is home to a population of 17,567 people, from which 83.5% are citizens. The ethnic composition of the population of Takoma Park, MD is composed of 7,534 White residents (42.9%), 6,198 Black residents (35.3%), 2,357 Hispanic residents (13.4%), 840 Asian residents (4.78%), and 586 Two+ residents (3.34%). The most common foreign languages in Takoma Park, MD are Spanish (1,852 speakers), African Languages (1,527 speakers), and French (565 speakers), but compared to other places, Takoma Park, MD has a relative high number of African Languages (1,527 speakers), French (565 speakers), and Other West Germanic (48 speakers).

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Military

Veterans

Education

In 2015 universities in Takoma Park, MD awarded 298 degrees. The student population of Takoma Park, MD is skewed towards females, with 88 male students and 210 female students. Most students in Takoma Park, MD are Black or African American (154 and 51.7%), followed by Unknown (40 and 13.4%), White (35 and 11.7%), and Hispanic or Latino (25 and 8.39%). The largest universities in Takoma Park, MD by number of graduates are Washington Adventist University (298 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Takoma Park, MD are Registered Nursing (37 and 12.4%), General Psychology (29 and 9.7%), and Health Care Administration & Management (23 and 7.72%). The median tuition costs in Takoma Park, MD are N/A for private four year colleges, and $21,800 and $21,800 respectively, for public four year colleges for in-state students and out-of-state students.

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Universities

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Housing & Living

The median property value in Takoma Park, MD is $508,600, which is 2.48 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $486,300 to $508,600, a 4.59% increase. The homeownership rate of Takoma Park, MD is 51.4%, which is lower than the national average of 63.6%. People in Takoma Park, MD have an average commute time of 34.9 minutes, and they commute by Drove Alone. Car ownership in Takoma Park, MD is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Maryland
state
Montgomery County, MD
county
Washington-Arlington-Alexandria, DC-VA-MD-WV Metro Area
metropolitan statistical area
Montgomery County (Southeast)--Takoma Park City & Silver Spring PUMA
public use microdata area
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