Is Takoma Park, MD growing?
Takoma Park, MD had an estimated 17,632 (±37) residents in 2020–2024, against 17,672 in 2015–2019.
That is a change of −0.2%, not a measurable change.
Its housing went from 6,817 to 7,242 homes (+6.2%), a measurable increase.
0.2% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 17,632 (±37)
- Amount of change
- −0.2%
- Homes change
- +6.2%
- Built 2020 or later
- 0.2%
Residents and homes in Takoma Park, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 17,672 (±38) | 17,632 (±37) | −0.2% | Not a measurable change |
| Housing units | 6,817 (±254) | 7,242 (±322) | +6.2% | Measurable increase |
| Households that rent | 47.2% (±2.5 points) | 45.8% (±3.9 points) | −1.4 percentage points | Not a measurable change |
| Median gross rent | $1,143 (±$34) | $1,432 (±$74) | +25.3% | No measurable change after inflation |
| Median home value | $583,800 (±$22,196) | $749,200 (±$37,123) | +28.3% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Growth in Takoma Park against Montgomery County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| Takoma Park | −0.2% | Not a measurable change | +6.2% |
| Montgomery County | +2.1% | Measurable increase | +4.5% |
| Maryland | +3.1% | Measurable increase | +4.6% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in Takoma Park
| Year built | Takoma Park | Montgomery County | Maryland | United States |
|---|---|---|---|---|
| 2020 or later | 0.2% (±0.2 points) | 1.3% | 1.4% | 2.0% |
| 2010 to 2019 | 1.4% (±0.9 points) | 8.8% | 8.1% | 9.4% |
| 2000 to 2009 | 1.7% (±0.8 points) | 10.7% | 11.5% | 13.6% |
1.6% of the homes in Takoma Park were built in 2010 or later.
The median age of residents is 41.3 years.
Growth in places near Takoma Park
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| Takoma Park | — | 17,632 | −0.2% | Not a measurable change |
| Langley Park | 1.3 mi | 21,508 | +10.2% | Not a measurable change |
| Chillum | 1.6 mi | 34,871 | −1.9% | Not a measurable change |
| Silver Spring | 1.8 mi | 81,462 | −0.4% | Not a measurable change |
| Adelphi | 2.2 mi | 17,395 | +6.2% | Not a measurable change |
| Hyattsville | 2.9 mi | 20,966 | +14.9% | Measurable increase |
| Four Corners | 3.0 mi | 8,150 | −1.2% | Not a measurable change |
| University Park | 3.2 mi | 2,698 | +1.8% | Not a measurable change |
| Mount Rainier | 3.3 mi | 8,245 | +1.7% | Measurable increase |
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Takoma Park
Is Takoma Park growing?
Takoma Park, MD had an estimated 17,632 residents in 2020–2024 and 17,672 in 2015–2019, a change of −0.2%: not a measurable change by the Census Bureau’s test.
How many homes have been added in Takoma Park?
The estimated number of housing units went from 6,817 in 2015–2019 to 7,242 in 2020–2024 (+6.2%), a measurable increase.
How much new construction is there in Takoma Park?
0.2% of homes in Takoma Park were built in 2020 or later and 1.4% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Takoma Park city, Maryland
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Takoma Park city, Maryland
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Takoma Park city, Maryland
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — Takoma Park city, Maryland
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Takoma Park city, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Takoma Park city, Maryland
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Takoma Park city, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Takoma Park city, Maryland (place:76650, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Income and affordability in Takoma Park
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- Types of homes in Takoma Park
- Bedrooms in Takoma Park
- Age of homes in Takoma Park
- Vacancy rate in Takoma Park
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- Commute and cars in Takoma Park
- Crime reported to police in Takoma Park
- How long people stay in Takoma Park
- Crowding and facilities in Takoma Park
- Fair Market Rent in Takoma Park
- Maryland landlord and tenant rules
- Housing across Montgomery County
- Housing data for every place in Maryland