Cost of Living in Temple Terrace, FL
Population: 26,922 • 2026 Data
$65,756
Median Household Income
-15% vs national
$1,489
Median Monthly Rent
+10% vs national
$306,200
Median Home Value
-10% vs national
4.0%
Unemployment Rate
Housing in Temple Terrace
The median home value in Temple Terrace, FL is $306,200. Monthly rent for a typical unit averages $1,489, while total monthly housing costs (including utilities and insurance) average $1,417.
Rent-to-income ratio: 27.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Temple Terrace, FL is $65,756. The unemployment rate stands at 4.0%, with a labor force of 14,711 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.