HomeMarylandMontgomery CountyTakoma Park city
Takoma Park city, Maryland: commercial real estate data.
Takoma Park city is a Census city of 17,632 people across 2.09 square miles of land, in Montgomery County. Median household income is $108,136, 54.2 percent of occupied homes are owned, and the SBA record carries 12 7(a) approvals to borrowers here worth $4.7 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Takoma Park
What Takoma Park is
- Census place typecity
- Land area2.09 sq mi
- Water area0.01 sq mi
- Population per square mile of land8,435
- County holding the largest share of its areaMontgomery County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Takoma Park
How many people live in Takoma Park
- Population17,632
- Median age41.3
- Population under 184,776
- Share under 1827.1 percent
- Population 65 and over2,635
- Share 65 and over14.9 percent
- Households6,926
- Family households4,287
- Share of households that are families61.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Takoma Park
Income and work in Takoma Park
- Median household income$108,136
- Per capita income$61,527
- Civilian labor force9,731
- Employed9,254
- Unemployed477 plus or minus 151
- Unemployment rate4.9 percent plus or minus 1.5
- Adults 25 and over12,142
- Adults 25 and over with a high school diploma or higher92.9 percent
- Adults 25 and over with a bachelor degree or higher61.7 percent
- Adults 25 and over with a graduate degree40.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Takoma Park
Housing in Takoma Park
- Housing units7,242
- Occupied units6,926
- Vacant units316 plus or minus 140
- Vacancy rate4.4 percent plus or minus 1.9
- Owner occupied3,753
- Renter occupied3,173
- Ownership rate54.2 percent
- Median owner-occupied home value$749,200
- Median gross rent, monthly$1,432
- Annual rent as a share of median income15.9 percent
- Single family units3,639
- Share single family50.2 percent
- Units in buildings of two or more3,598
- Share in buildings of two or more49.7 percent
- Mobile homes5 plus or minus 10
- Median year structure built1954
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Takoma Park
How Takoma Park gets to work
- Workers 16 and over who commute5,691
- Commuting under 15 minutes425 plus or minus 133
- Share commuting under 15 minutes7.5 percent plus or minus 2.3
- Commuting 30 minutes or more3,239
- Share commuting 30 minutes or more56.9 percent
- Drove alone38.3 percent
- Carpooled6.6 percent plus or minus 1.7
- Public transport13.8 percent
- Walked2.5 percent plus or minus 1.2
- Worked from home36.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Takoma Park
SBA loans in Takoma Park (7(a))
- Approvals12
- Gross approval$4,659,500
- Average approval$388,292
- Median approval$250,000
- Ninetieth percentile approval$658,800
- Largest approval$1,765,000
- Jobs supported210
- Jobs per approval17.5
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more8.3 percent
- Share to franchises0.0 percent
- Distinct lenders9
- Distinct industries by NAICS12
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Takoma Park
SBA loans in Takoma Park (504)
- Approvals5
- Gross approval$3,075,000
- Average approval$615,000
- Median approval$352,000
- Largest approval$1,976,000
- Jobs supported18
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montgomery County, not Takoma Park
Montgomery County context, not Takoma Park figures
These are Montgomery County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Takoma Park measurements.
- Establishments in Montgomery County27,677
- Employment at those establishments, Montgomery County439,792
- Covered employment, Montgomery County462,298
- Average annual pay, Montgomery County$94,473
- Average weekly wage, Montgomery County$1,817
- Housing units permitted, Montgomery County3,656
- Of those, single family, Montgomery County1,491
- County product, 2024, Montgomery County$117,389,979,000
- County product change over the prior year, Montgomery County4.3 percent
- Average income of an arriving household, Montgomery County$106,809
Every figure in this section is published for Montgomery County as a whole and is not a measurement of Takoma Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Takoma Park questions, answered from the record.
How many people live in Takoma Park, Maryland?
17,632, in 6,926 households. Takoma Park city covers 2.09 square miles of land, which is 8,435 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Takoma Park in?
Montgomery County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Takoma Park?
$108,136. The median owner-occupied home is valued at $749,200. Median gross rent is $1,432 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Takoma Park businesses?
12 7(a) approvals totalling $4.7 m, across 9 lenders, median approval $250,000, plus 5 504 approvals worth $3.1 m. These count approvals to borrowers whose address is in Takoma Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Takoma Park borrowers get paid back?
No rate is published for Takoma Park. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Takoma Park figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montgomery County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Takoma Park.
Is zoning published for Takoma Park?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.