Temple, OK Economy


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Temple, OK is an ideal place for those seeking a quieter lifestyle. The city offers residents a reasonable cost of living with 2 bedroom apartment rent costing $810 and a grocery cost index of 85 versus the US average of 100. Local businesses include places like Ferguson's Furniture & Appliance Super Store, Southside Pharmacy, and the Native Oklahoma Outlet Store. Popular local attractions include the Temple Historical Museum which provides insight into the local history, Lake Belton which features breathtaking views, and the Temple Railroad and Heritage Museum which exhibits a variety of railroad artifacts.

Temple has an unemployment rate of 3.4%. The US average is 6.0%.

Temple has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.

Tax Rates for Temple
- The Sales Tax Rate for Temple is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Temple is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Temple
- The average income of a Temple resident is $17,176 a year. The US average is $28,555 a year.
- The Median household income of a Temple resident is $26,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTemple, OklahomaUnited States
  3.46
  -1.5%-6.2%
  24.6%33.5%
  9.5%6.2%
  5.0%4.6%
  $18,618$37,638
  $26,917$69,021
Family Median Income 85028
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