Takoma Park is a city in Maryland state in USA with a population of 17703 residents.. The poverty rate of Takoma Park is 8.7%, which is 38% lower than national average. The typical household in Takoma Park earns $83919 a year, compared to the national median of $67,500. Nearly 31.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Takoma Park, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Takoma Park remained 5.4%, which is 15% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Takoma Park, only 59% of adults have a bachelor's degree and 15% have some college but no degree.

Cost of living in Takoma Park is 151, which is 51% higher than national average. Median home value in Takoma Park is $611400 , which is 166% higher than national average. While median income in Takoma Park remained $83919, which is 24% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.