Takoma Park, MD
Population 17,522 · Maryland
About Takoma Park, MD
Takoma Park is a mid-sized city in Maryland with a population of 17,522 residents. The median household income is $97,872 per year, which is above the national average. The median age in Takoma Park is 41.1 years.
Housing in Takoma Park has a median home value of $721,500 and median monthly rent of $1,388. Of the 7,086 total housing units, the majority are owner-occupied, with 3,512 owner-occupied and 3,279 renter-occupied units.
The unemployment rate in Takoma Park is 4.6% and the poverty rate is 10.1%. 60.3% of residents hold a bachelor's degree or higher. The average commute time is 32.3 minutes.
Cost of Living in Takoma Park, MD
Compared to national averages, Takoma Park has a median household income of $97,872 (30% above the national median of $75,149). Home values average $721,500, which is 195% above the national median. Monthly rent at $1,388 is 19% above the US average of $1,163. Within Maryland, Takoma Park's income is 9% below the state average of $107,956, and home values are 79% above the state median of $402,447.
Why Live in Takoma Park, MD?
Takoma Park offers a strong local economy with a median household income of $97,872, well above the national average, and a well-educated community where 60.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $721,500. However, Takoma Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Takoma Park has a population of 17,522 with a median age of 41.1 years. Compare Takoma Park with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Takoma Park
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Glassmanor | 17,687 | $69,778 | $316,500 | Compare |
| Calverton | 17,721 | $108,315 | $468,600 | Compare |
| Adelphi | 17,210 | $80,833 | $401,700 | Compare |
| Easton | 17,202 | $73,460 | $348,400 | Compare |
| Parole | 17,910 | $119,591 | $521,100 | Compare |
| Ferndale | 17,076 | $92,391 | $325,400 | Compare |
| Damascus | 16,864 | $153,994 | $496,500 | Compare |
| Aberdeen | 16,831 | $76,019 | $239,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Takoma Park
What is the population of Takoma Park, MD?
The population of Takoma Park, MD is 17,522 according to the latest Census data.
What is the median household income in Takoma Park?
The median household income in Takoma Park, MD is $97,872 per year.
What is the median home value in Takoma Park?
The median home value in Takoma Park, MD is $721,500.
What is the average rent in Takoma Park?
The median monthly rent in Takoma Park, MD is $1,388.
What is the unemployment rate in Takoma Park?
The unemployment rate in Takoma Park, MD is 4.6%.