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  • Bruce Baker

High Real Estate Values Challenge Takoma Park Diversity

The large increase in real estate values over the last decade has changed who can buy a house in Takoma Park. New home buyers have higher incomes than the typical Takoma Park homeowner in 2000. In 2006 the median income of new home buyers was $112,000 compared to the inflation adjusted median reported in the 2000 Census of about $95,000.