Cost of Living in Temple, TX
Population: 86,358 • 2026 Data
$64,945
Median Household Income
-16% vs national
$1,174
Median Monthly Rent
-13% vs national
$220,300
Median Home Value
-35% vs national
7.1%
Unemployment Rate
Housing in Temple
The median home value in Temple, TX is $220,300. Monthly rent for a typical unit averages $1,174, while total monthly housing costs (including utilities and insurance) average $1,186.
Rent-to-income ratio: 21.7%. 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, TX is $64,945. The unemployment rate stands at 7.1%, with a labor force of 40,558 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.