
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Terrace Heights is a small city located in the state of Washington. The city has a population of 9,253 residents. The majority of Terrace Heights residents report their race to be White; this is followed by Asian and Black. Additionally, more than a quarter of the population of Terrace Heights are of Hispanic or Latino origin, and 14% of the population also speak Spanish. If you are not a fan of long commutes, you will enjoy living in Terrace Heights. With an average one way commute time of only 17 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Terrace Heights, Washington. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like crime, health & safety, education, employment and other key data points, finding the best places to live in Terrace Heights and in the areas around Terrace Heights is a much easier task.
Terrace Heights, WA receives 72 out of 100 for its livability score; this results in a ranking of #200 in Washington and #5,560 in the USA. For each of the livability categories, we know that Terrace Heights ranks very well for cost of living (B+), employment (A+) and housing (A+). There are some categories that Terrace Heights does not rank well for, including: amenities (F), crime (D-) and education (D). It might be worth taking a closer look to figure out why.
The unemployment rate in Terrace Heights has consistently declined over the years and currently stands well below the national average at 1.1%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Terrace Heights market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Terrace Heights real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Terrace Heights. The median home price for Terrace Heights homes is $427,691, which is 13% lower than the Washington average. If we take a closer look at the affordability of homes in Terrace Heights, we’ll see that the home price to income ratio is 4.1, which is 24.1% lower than the Washington average.

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| Statistic | Terrace Heights | Washington | National |
| Average one way commute | 17min | 27min | 26min |
| Workers who drive to work | 84.8% | 72.3% | 76.4% |
| Workers who carpool | 2.1% | 10.2% | 9.3% |
| Workers who take public transit | 0.8% | 6.2% | 5.1% |
| Workers who bicycle | 0.0% | 0.9% | 0.6% |
| Workers who walk | 1.6% | 3.6% | 2.8% |
| Working from home | 10.2% | 5.6% | 4.6% |