Takoma Park, MD's Data
About Takoma Park, MD's
Takoma Park, known for its progressive community and rich history, is a city located in Montgomery County, Maryland. It was founded in 1883 by Benjamin Franklin Gilbert as a suburban development and was incorporated in 1890. The city is noted for its historic homes, artsy centers, and active civic involvement. It is often referred to as 'Azalea City,' a nickname reflecting its commitment to arboreal beauty. Takoma Park is adjacent to Washington D.C., which influences its cultural and demographic profile.
City: Takoma Park
State: Maryland
Country: United States
Population: Approximately 17,725 as of the latest estimates.
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Takoma Park, MD
Hike: Here are a couple of local trails to check out!
Local Attractions in Takoma Park, MD
Takoma Park Farmers Market - A weekly market offering fresh local produce and goods.
Takoma Park Folk Festival - An annual event celebrating music and art with performances and crafts.
Historic Takoma - A museum and library dedicated to the preservation of local history.
Sligo Creek Trail - A scenic pathway along Sligo Creek, popular for walking, biking, and nature observation.
Roscoe the Rooster Statue - A tribute to a beloved local rooster known for roaming the city streets.
The Economy of Takoma Park, MD
The economy of Takoma Park is diverse, with a strong emphasis on small businesses, local arts, and community-based enterprises. Its proximity to the capital allows many residents to work in government-related sectors. Additionally, the city has a vibrant local economy supported by independent shops, restaurants, and service providers. Takoma Park has been actively promoting environmentally sustainable practices which also attract green businesses and initiatives.
Takoma Park, MD Inflation
Understanding the BLS and Inflation in Takoma Park, MD
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Takoma Park, MD. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Takoma Park, MD understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Takoma Park, MD using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Takoma Park, MD when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Takoma park, MD
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