The size of Taroona is approximately 5.1 square kilometres. It has 14 parks covering nearly 23.8% of total area. The population of Taroona in 2011 was 3,001 people. By 2016 the population was 3,061 showing a population growth of 2.0% in the area during that time. The predominant age group in Taroona is 50-59 years. Households in Taroona are primarily couples with childrens. In general, people in Taroona work in a professional occupation. In 2011, 80.3% of the homes in Taroona were owner-occupied compared with 79.9% in 2016. Currently the median sales price of houses in the area is $707,000. Average length of home ownership is 12 years.