Templeton, VA is a small town located in the Blue Ridge Mountains of Virginia. It offers a peaceful and quiet atmosphere for residents and visitors alike. The cost of living in Templeton is quite favorable due to its lower rent prices when compared to the US average. On top of this, the grocery cost index in Templeton is only 96 as opposed to 100 in the US. This can make it easier for people to save money on their food budget. There are also plenty of local companies and attractions that make Templeton an attractive destination for everyone. Local establishments such as Main Street Pizza, Shattuck's Bakery, and Little Creek Winery provide visitors with delicious cuisine as well as wine tasting tours. For those who enjoy outdoor activities, the George Washington National Forest provides ample opportunities to go hiking or biking while taking in the magnificent scenery around them.
Templeton has an unemployment rate of 6.0%. The US average is 6.0%.
Templeton has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Templeton
- The Sales Tax Rate for Templeton is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Templeton is 5.8%. 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 $13,437 a year. The US average is $28,555 a year.
- The Median household income of a Templeton resident is $53,839 a year. The US average is $69,021 a year.