Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Health & Safety
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.
Amenities
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.
Commute
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.
Crime
Reporting high crime rates per 100,000 people, this area may be perceived as an unsafe place to reside. These statistics encompass both violent and property crime rates.
Terrace Heights, Washington is a small-sized city with a population of 8,917 people. According to the most recent Census, 85% of Terrace Heights residents are White, 2% Asian and 1% 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 prefer shorter commutes, living in Terrace Heights will be a delight. With an average one-way commute time of just 17 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Are you trying to figure out if living in Terrace Heights is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Washington, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, crime, commute, health & safety, you can easily compare the best places to live in Terrace Heights and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Terrace Heights to Washington and the national average.
Terrace Heights, WA receives 72/100 for its livability score; this results in a ranking of #197 in Washington and #4,707 in the USA. Based on the grades for each individual category, Terrace Heights has been rewarded with high marks for cost of living (B), employment (A+) and housing (A+). There are some categories that Terrace Heights ranks poorly for, including: amenities (F) and education (D). It might be worth taking a closer look to determine why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Terrace Heights has an unemployment rate of 1.07% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Terrace Heights excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Terrace Heights. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Terrace Heights are affordable. The median home price for Terrace Heights homes is $240,300, which is 10.8% 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 3.4, which is 20.9% lower than the Washington average.
| 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% |
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