Living in Terrace Park, Ohio: homes, schools and costs

The book's checklist

Lower cost of livingEveryday prices run 4.6% below the U.S. average in the Cincinnati metro area.
More house for the moneyA typical home costs 3.1 years of the typical household's income here. Across the U.S. it's 4.1.
A safer neighborhoodThe FBI has no 2025 figures for Terrace Park itself. Many small towns are patrolled by the county sheriff, so call the sheriff's office and ask what calls they get most.
Schools in town2 public schools. No public high school in town: the nearest is Indian Hill High School, about 3 miles away.
A hospital close byThe Jewish Hospital-Mercy Health in Cincinnati, about 5 miles away, has the nearest emergency room.
Within reach of a big cityCincinnati is about 10 miles away as the crow flies. The book suggests staying within about 60 miles if you'll miss big-city sports, concerts and theater.

A check means Terrace Park meets the rule of thumb from Frank and Dave's book. An empty box isn't a deal breaker: it's something to weigh for your family. A question mark means there isn't enough data.

What kind of town

A suburb, not a stand-alone small town

Terrace Park runs into the built-up area around Cincinnati (Census Bureau, 2020 urban areas). We include suburbs under 20,000 people because some still feel like small towns, but daily life here is closer to the suburbs than to the towns Frank and Dave's book describes. Weigh it against towns farther out.

The book sorts small towns into six types. These labels come only from the numbers; take the quiz to see which type fits your family.

For a lifetime

Homes and money

Typical home value, as owners valued them in 2020-2024: $606,600U.S.: $332,700
Home prices since then: Up 21%Hamilton County, 2022 to 2025
Typical rent, with utilities: $3,200 a monthU.S.: $1,413
Typical household income: $197,750U.S.: $80,734
Homes owned by the people living in them: 97%U.S.: 65%
Typical property tax bill: $10,000 or more a yearOhio: $2,822
Homes built before 1940: 26%U.S.: 12%
Homes built since 2010: 1%U.S.: 11%
Vacation and seasonal homes: 0%U.S.: 3%
Everyday prices: 95.4U.S. average = 100 (the Cincinnati metro area)

Home values and rents are what households told the Census Bureau across 2020 to 2024, so they trail today's market: county prices have moved up 21% since 2022. Everyday prices are the government's average for the Cincinnati metro area, not Terrace Park alone. Check current listings before you budget.

Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates; Federal Housing Finance Agency, House Price Index for counties (all transactions); U.S. Bureau of Economic Analysis, Regional Price Parities, 2024.

The people

Population, 2025 estimate: 2,3572020: 2,351
Median age: 38.2 yearsU.S.: 38.9
Age 65 and older: 13%U.S.: 17%
Under 18: 37%U.S.: 22%
Adults with a bachelor's degree or more: 86%U.S.: 36%
Moved here from another county or state in the past year: 2%U.S.: 6%

Sources: U.S. Census Bureau, Population Estimates (Vintage 2025); U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.

Work

Biggest lines of work: Schools, health care and social services (25%); professional and business services (19%); finance, insurance and real estate (14%)
Unemployment rate: 4%U.S.: 5%
Average commute: 25 minutesU.S.: 26 minutes
Work from home: 34%U.S.: 15%
Below the poverty line: 2%U.S.: 12%

Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.

Health care

Nearest emergency room: The Jewish Hospital-Mercy Health, Cincinnati, OH, about 5 miles away. It's a general hospital. Medicare gives it 4 of 5 stars.

Look up doctors, clinics and the hospitals themselves on Medicare's Care Compare. Ask where the most serious cases are sent.

Sources: Centers for Medicare & Medicaid Services, Hospital General Information.

Schools

2 public schools in Terrace Park, run by Mariemont City and Milford Exempted Village. The nearest public high school is Indian Hill High School, about 3 miles away.

See each school on the federal school search, then check test scores and graduation rates on Ohio's school report card.

Sources: National Center for Education Statistics, Common Core of Data, 2023-24 (via the Urban Institute Education Data Portal); National Center for Education Statistics, IPEDS institution directory, 2024.

Internet

Homes with cable, fiber or DSL internet: 94%U.S.: 76%

Before you buy, look up the address on the FCC's National Broadband Map to see which providers serve it.

Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates.

Weather

January average low: 22°F
July average high: 87°F
Days 90°F or hotter: 28 a year
Nights at or below freezing: 116 a year
Rain and melted snow: 44.5 inches a year
Snow: 14 inches a year
Elevation: 563 feet

Weather stations: Milford (2 miles away) and Kings Mills (14 miles away, rain and snow). Averages for 1991 to 2020.

Sources: NOAA National Centers for Environmental Information, U.S. Climate Normals 1991-2020; U.S. Geological Survey, 3D Elevation Program.

Getting around

The Jewish Hospital-Mercy HealthEmergency room5

Cincinnati, OHMetro of 2.3 million10

Straight-line miles. The road is always longer, and as the book says, an interstate at 70 is a different trip from a farm road at 45. Check the real drive: The Jewish Hospital-Mercy Health, Cincinnati.

Hamilton County is in a metro area of 1 million people or more (USDA rural-urban code 1, on a scale where 1 is the biggest metro areas and 9 the most rural counties).

For a day

National Park Service sites within about an hour:

William Howard Taft National Historic Site11 miles
Dayton Aviation Heritage National Historical Park39 miles
Charles Young Buffalo Soldiers National Monument44 miles
Hopewell Culture National Historical Park58 miles

Read about Terrace Park's history on Wikipedia.

Know Terrace Park?

Tell us what a visitor shouldn't miss, and what living there is really like. Write to Main Street at mainstreet@smalltownguide.com. The best notes from people who know the town will be added here.

Nearby

Straight-line miles.

Small towns

Milford, OH6,400 people, 2 miles
The Village of Indian Hill, OH6,100 people, 2 miles
Summerside, OH4,700 people, 3 miles
Newtown, OH2,700 people, 3 miles
Madeira, OH9,600 people, 4 miles
Mariemont, OH3,500 people, 4 miles

Smaller places

Camp Dennison, OH (unincorporated)265 people, 3 miles
Plainville, OH (unincorporated)100 people, 3 miles
Madison Place, OH (unincorporated)815 people, 3 miles
Concorde Hills, OH (unincorporated)762 people, 4 miles
Day Heights, OH (unincorporated)2,457 people, 5 miles
Remington, OH (unincorporated)604 people, 5 miles
Rossmoyne, OH (unincorporated)1,504 people, 6 miles
Ridgewood, OH (unincorporated)380 people, 7 miles

Sources

Census survey figures are estimates with a margin of error; we leave out any figure whose margin is too wide to be useful. Data last gathered October 5, 2026. See something wrong? Write to mainstreet@smalltownguide.com.