Terrace Heights, WA
Population 9,480 · Washington
About Terrace Heights, WA
Terrace Heights is a small community in Washington with a population of 9,480 residents. The median household income is $79,525 per year, which is above the national average. The median age in Terrace Heights is 39.1 years.
Housing in Terrace Heights has a median home value of $325,000 and median monthly rent of $1,124. Of the 4,409 total housing units, the majority are owner-occupied, with 2,783 owner-occupied and 1,445 renter-occupied units.
The unemployment rate in Terrace Heights is 1.4% and the poverty rate is 10.2%. 32.8% of residents hold a bachelor's degree or higher. The average commute time is 19.5 minutes.
How Terrace Heights Ranks in Washington
Cost of Living in Terrace Heights, WA
Compared to national averages, Terrace Heights has a median household income of $79,525 (6% above the national median of $75,149). Home values average $325,000, which is 33% above the national median. Monthly rent at $1,124 is 3% below the US average of $1,163. Within Washington, Terrace Heights's income is 12% below the state average of $90,795, and home values are 29% below the state median of $460,491.
Why Live in Terrace Heights, WA?
Terrace Heights offers a strong local economy with a median household income of $79,525, well above the national average, and rent that’s lower than the national average at $1,124/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 10.2%, better than the national average, and short commute times averaging just 19.5 minutes.
Terrace Heights has a population of 9,480 with a median age of 39.1 years. Compare Terrace Heights with other cities to see how it stacks up, or explore all cities in Washington.
Similar Cities Near Terrace Heights
Cities in Washington with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Burlington | 9,637 | $74,028 | $432,900 | Compare |
| College Place | 9,828 | $59,768 | $335,000 | Compare |
| Picnic Point | 9,833 | $128,295 | $747,600 | Compare |
| Summit View | 9,014 | $103,910 | $482,100 | Compare |
| DuPont | 9,952 | $114,423 | $550,200 | Compare |
| Orting | 8,957 | $120,994 | $452,800 | Compare |
| Summit | 8,885 | $107,977 | $480,000 | Compare |
| Alderwood Manor | 10,168 | $118,077 | $651,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Washington
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Terrace Heights
What is the population of Terrace Heights, WA?
The population of Terrace Heights, WA is 9,480 according to the latest Census data.
What is the median household income in Terrace Heights?
The median household income in Terrace Heights, WA is $79,525 per year.
What is the median home value in Terrace Heights?
The median home value in Terrace Heights, WA is $325,000.
What is the average rent in Terrace Heights?
The median monthly rent in Terrace Heights, WA is $1,124.
What is the unemployment rate in Terrace Heights?
The unemployment rate in Terrace Heights, WA is 1.4%.