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In Terrace Estates, 22% of the residents are renting compared to 78% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent none of Terrace Estates's rentals, 50% are small-scale complexes with under 50 units, and 50% are single-family rentals.
In total, Terrace Estates, Cherryville, NC has 23 residents, 11 women and 11 men, per U.S. Census recent estimates. Statistics show that the median age of Terrace Estates’s population is 39.
There is a total of 9 households in Terrace Estates, Cherryville, NC. Of these, 3 have children and 6 are without children. Per Census Bureau’s most current estimates, 6 family households and 3 non-family households live in this area. The size of a household in Terrace Estates is 2 people, on average. The median household annual income in Terrace Estates equals $57,652, and the monthly housing costs equal $849.