What percentage of people rent in Takoma Park, MD?

45.8% (±3.9 points) of the occupied homes in Takoma Park, MD are rented (2020–2024 American Community Survey).

That is 3,173 renting households against 3,753 that own their home.

In Takoma Park, the share of households that rent went from 47.2% in 2015–2019 to 45.8% in 2020–2024 (−1.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
45.8% (±3.9 points)
Renting households
3,173 (±277)
Median renter income
$50,842 (±$4,081)

Who rents and who owns in Takoma Park

Tenure, estimate (90% margin of error)
Takoma ParkMontgomery CountyMarylandUnited States
Renter-occupied share45.8% (±3.9 points)34.7% (±0.6 points)32.4% (±0.3 points)34.8%
Renting households3,173 (±277)135,071 (±2,368)765,363 (±6,619)45,017,354
Owning households3,753 (±350)254,139 (±2,460)1,597,565 (±8,362)84,210,142
Average renter household size2.2 (±0.2)2.5 (±0.0)2.3 (±0.0)2.3
Average owner household size2.8 (±0.1)2.9 (±0.0)2.7 (±0.0)2.6
Median renter household income$50,842 (±$4,081)$79,810 (±$1,782)$62,703 (±$866)$52,966
Median owner household income$197,544 (±$10,131)$172,408 (±$2,055)$129,423 (±$883)$100,009

In Takoma Park, the renter share is higher than in Montgomery County (34.7%).

It is also higher than in Maryland (32.4%).

It is higher than the national figure (34.8%).

In Montgomery County, Takoma Park ranks 9 of 59 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 68 of 388.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Takoma Park has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent47.2% (±2.5 points)45.8% (±3.9 points)−1.4 percentage pointsNot a measurable change
Median gross rent$1,143 (±$34)$1,432 (±$74)+25.3%No measurable change after inflation
Median household income$84,591 (±$7,654)$108,136 (±$12,683)+27.8%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.

Households that rent in places near Takoma Park

Nearest places with a published estimate, compared with Takoma Park
PlaceDistanceHouseholds that rentCompared with this place
Takoma Park—45.8% (±3.9 points)—
Langley Park1.3 mi76.0% (±4.0 points)Higher
Chillum1.6 mi60.3% (±3.2 points)Higher
Silver Spring1.8 mi61.7% (±1.7 points)Higher
Adelphi2.2 mi58.2% (±4.9 points)Higher
Hyattsville2.9 mi51.6% (±4.8 points)Not measurably different
Four Corners3.0 mi10.8% (±3.2 points)Lower
University Park3.2 mi3.0% (±2.3 points)Lower
Mount Rainier3.3 mi76.5% (±4.2 points)Higher

Nearby places with a measurably lower figure: Four Corners, MD (10.8%), University Park, MD (3.0%).

Nearby places with a measurably higher figure: Langley Park, MD (76.0%), Chillum, MD (60.3%), Silver Spring, MD (61.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Montgomery County, place by place

RankPlaceHouseholds that rent
3Friendship Heights Village61.4% (±6.3 points)
4Fairland54.0% (±4.1 points)
5North Bethesda49.6% (±2.3 points)
6Kensington49.5% (±7.9 points)
7Gaithersburg49.2% (±2.5 points)
8Rockville47.4% (±2.2 points)
9Takoma Park45.8% (±3.9 points)
10Derwood42.0% (±10.1 points)
11 (tie)Bethesda36.0% (±1.6 points)
11 (tie)Glenmont36.0% (±4.8 points)
13Wheaton35.4% (±3.2 points)
14Aspen Hill35.3% (±2.9 points)
15Forest Glen33.7% (±9.6 points)

Showing 13 of 59 places in Montgomery County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Takoma Park

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Questions about Takoma Park

How many renters are there in Takoma Park?

Takoma Park has an estimated 3,173 (±277) renting households, 45.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Takoma Park?

In Takoma Park, the share of households that rent went from 47.2% in 2015–2019 to 45.8% in 2020–2024 (−1.4 percentage points), not a measurable change.

How big are renting households in Takoma Park?

A renting household in Takoma Park has 2.2 people on average, against 2.8 in an owned home.

How much do renters earn in Takoma Park?

The median renting household in Takoma Park, MD has an income of $50,842 (±$4,081) a year, against $197,544 for households that own their home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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