Zip 76501 (Temple, TX) Economy


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76501 Temple, TX is an affordable place to live. The average 2 bedroom rent is lower than the US average at $830 while the Grocery Cost Index remains slightly below the national average at 90. Local businesses in 76501 Temple, TX include restaurants such as La Loma Mexicana Cuisine, Café Texano Bar & Grill, and Johnny’s Bar-B-Q; stores like Walmart Supercenter and Lowe's Home Improvement; and medical centers like Baylor Scott & White Medical Center - Temple. All of these offer great services to locals in the area with a cost of living that won't break the bank.

Temple (zip 76501) has an unemployment rate of 6.3%. The US average is 6.0%.

Temple (zip 76501) 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 37.7%, which is higher than the US average of 33.5%.

Tax Rates for Temple (zip 76501)
- The Sales Tax Rate for Temple (zip 76501) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Temple (zip 76501) 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 Temple (zip 76501)
- The average income of a Temple (zip 76501) resident is $19,806 a year. The US average is $28,555 a year.
- The Median household income of a Temple (zip 76501) resident is $48,146 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTemple, TexasUnited States
  6.36
  -2.8%-6.2%
  37.7%33.5%
  8.3%6.2%
  0.0%4.6%
  $25,664$37,638
  $48,146$69,021
  $63,087$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  9.6%6.8%
  10.8%10.0%
  3.3%2.5%
  11.3%11.0%
  6.0%4.8%
  0.1%0.8%
  0.6%1.9%
  3.4%4.7%
  2.9%1.9%
  2.2%7.6%
  0.0%0.1%
  2.2%4.2%
  10.4%9.3%
  18.2%14.0%
  0.1%2.1%
  9.7%7.0%
  5.2%4.8%
  3.5%4.7%
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