Templeton, PA Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Templeton, PA is a small town with a population of around 2,900 people. It offers its residents affordable living costs compared to many other areas in the US. The average rent for a two-bedroom apartment here is only $800 per month whereas it is $1,430 in the US. Additionally, the Grocery Cost Index here is 96 compared to 100 in the US.
In Templeton, PA there are several businesses such as Godby's Pharmacy and Home Care, Triton Industries Inc., and Maynard Automotive Repair & Services. Moreover, there are plenty of outdoor activities and natural attractions such as Spruce Lake Retreat & Conference Center which features campsites and lakefront cabins. There are also numerous parks including Conyngham Valley Park which has playgrounds and picnic areas, as well as trails perfect for hiking or biking.

Templeton has an unemployment rate of 8.5%. The US average is 6.0%.

Templeton has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Templeton
- The Sales Tax Rate for Templeton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Templeton is 3.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Templeton
- The average income of a Templeton resident is $17,235 a year. The US average is $28,555 a year.
- The Median household income of a Templeton resident is $51,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTempleton, PennsylvaniaUnited States
  8.56
  -6.9%-6.2%
  22.0%33.5%
  6.0%6.2%
  3.1%4.6%
  $21,804$37,638
  $51,750$69,021
  $59,063$85,028
  Population by Occupation
  10.4%1.2%
  0.0%0.5%
  10.4%6.8%
  11.2%10.0%
  1.6%2.5%
  14.4%11.0%
  7.2%4.8%
  1.6%0.8%
  0.0%1.9%
  0.8%4.7%
  0.0%1.9%
  1.6%7.6%
  0.0%0.1%
  0.8%4.2%
  0.0%9.3%
  23.2%14.0%
  0.8%2.1%
  4.8%7.0%
  4.8%4.8%
  6.4%4.7%
Health
Compare Templeton, PA
cost of living
Compare food, housing, utilities, and more in Templeton, Pennsylvania to any other city in the US.