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Takoma Park Maryland Real Estate By Jennifer Hershey

Takoma Park Maryland Real Estate

Takoma Park, Maryland, is located in Montgomery County, 2 miles S of Silver Spring, Maryland and 6 miles N of Washington, District of Columbia. Takoma Park has a population of 17,299.

Takoma Park Homes

Takoma Park properties pool is 6,880 residential properties including Takoma Park new homes. Median age of real estate in Takoma Park is 1951. Average Household size is 3.13 people. 4% are one bedroom homes, 18% are 2 bedroom homes, 48% are 3 bedroom homes, 23% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Takoma Park Mortgage Statistics

Takoma Park mortgages vs. USA median statistics

Homes Takoma Park USA
Homes With No Mortgage 20%
30%
Homes With Mortgage 80%
70%
First Mortgage Only 63%
54%
First & Second Mortgage or HELOC 17%
16%

Takoma Park Area Real Estate Tax

Takoma Park Real estate Tax: Median Real Estate Taxes (2000) were $2,791 comparing to 1999 Median Family income $ 63,434. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Takoma Park School District: Children make up 23.6% of Takoma Park population. Takoma Park has 4,075 under 18 years old residents, or 0.43 kids per one worker, or 0.59 kids per one household.

Takoma Park Real Estate & Takoma Park Homeownership

There are 2201.6 or 32% one person households, 1995.2 or 29% two person households, and 1169.6 or 17% three person households in Takoma Park, Maryland. Median residents age is 35.6, Senior citizens (65+) make up 1,529 or 8.8%% of Takoma Park population.

There are 9,370 workers (over 16 years of age) in Takoma Park. Of these, 64.89% drive to work. Approximately 24.87% of workers in Takoma Park take public transportation. An estimated 4.77% walk to work.

Median Takoma Park homeowner's housing expences are 20.3%

Crime in Takoma Park (2003), crimes per 10,000 residents per year

Type of Crime Takoma Park USA, 2003
Violent Crimes
61.28
47.5
Robberies
38.73
14.2
Aggravated Assaults
16.19
29.5
Property Crimes
450.32
358.8
Burglaries
90.18
74.0
Larceny-Thefts
258.4
241.5
Motor Vehicle Thefts
101.74
43.3

Invest in Takoma Park Properties

When making a decision about buying real estate in Takoma Park Maryland area, you should consider following statistical data:

Category Takoma Park USA
Near Medium City
Silver Spring, Maryland
-
Near Large City
Washington, District of Columbia
-
Takoma Park Zip Codes
20903, 20910, 20912
-
Takoma Park Area Codes
301
-
White population
48.79%
75.1%
African-American population
33.97%
12.3%
Asian
4.36%
3.6%
American Indian & Alaskan
0.44%
0.9%
Hispanic (of any race)
14.42%
12.5%
Median Family Income (1999)
$ 63,434%
$42,000
Population Below Poverty Level
9.95%
12.4%

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