Zip 76502 (Temple, TX) Economy


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Temple, Texas, is a city located in Bell County. With a population of 76,502 people as of 2019, this city is known for its affordability and convenience to the larger metropolis of Austin. According to Apartment List, the average rent for a two-bedroom property in Temple is $1,130 per month; this is $300 cheaper than the U.S. average of $1,430 per month. Groceries are also much more affordable with an index of 95 versus the national index of 100. Local companies that make Temple their home include McLane Children’s Medical Center Scott & White Hospital Campus, Wilsonart International Inc., Aaron’s Rentals and Sales, and Credence Construction Solutions (Credence). All these businesses contribute to the economic growth of both Temple and Bell County. Sources: U.S Census Bureau - https://www.census.gov/quickfacts/fact/table/templecitytexas/PST045219 Apartment List - https://www.apartmentlist.com/tx/temple

Temple (zip 76502) has an unemployment rate of 6.3%. The US average is 6.0%.

Temple (zip 76502) has seen the job market decrease by -2.8% 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 76502)
- The Sales Tax Rate for Temple (zip 76502) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Temple (zip 76502) 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 76502)
- The average income of a Temple (zip 76502) resident is $34,757 a year. The US average is $37,638 a year.
- The Median household income of a Temple (zip 76502) resident is $71,517 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTemple, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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