Killeen-Temple Metro Area, TX Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / Texas / Killeen-Temple Metro Area / Counties / Cities / Zip Codes
Killeen-Temple, TX Metro Area is a great place to live if you are looking for cost efficient living. The average 2 bedroom rent here is $950 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Killeen-Temple, TX Metro Area is 92 versus 100 in the US. This means that items at the grocery store will be cheaper than most other areas in the US. Local companies include Timewise Food Stores, Fiesta Mart, and Whataburger which offer local employment opportunities. People who live here can benefit from lower costs of living while still having access to many different job opportunities.

Killeen-Temple Metro Area has an unemployment rate of 7.1%. The US average is 6.0%.

Killeen-Temple Metro Area has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Killeen-Temple Metro Area
- The Sales Tax Rate for Killeen-Temple Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Killeen-Temple Metro Area is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Killeen-Temple Metro Area
- The average income of a Killeen-Temple Metro Area resident is $22,657 a year. The US average is $28,555 a year.
- The Median household income of a Killeen-Temple Metro Area resident is $58,426 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKilleen-Temple, TexasUnited States
  7.16
  -2.8%-6.2%
  35.4%33.5%
  8.3%6.2%
  0.0%4.6%
  $27,872$37,638
  $58,426$69,021
  $69,433$85,028
  Population by Occupation
  0.5%1.2%
  0.7%0.5%
  7.8%6.8%
  5.8%10.0%
  2.2%2.5%
  11.3%11.0%
  5.0%4.8%
  0.7%0.8%
  1.1%1.9%
  2.8%4.7%
  2.0%1.9%
  4.5%7.6%
  0.1%0.1%
  5.7%4.2%
  10.5%9.3%
  14.9%14.0%
  1.3%2.1%
  8.2%7.0%
  5.4%4.8%
  9.5%4.7%
Health