Living in Temple Terrace, Florida
Cost of living, income, home prices, rent and demographics of Temple Terrace · Census data 2020–2024
Temple Terrace has 27,275 residents with a median age of 34.5. The median household income is $69,252 (7% lower than the Florida median), the median home value is $334,800, the median rent is $1,594/month.
Temple Terrace at a glance
- Population
- 27,275
- Median age
- 34.5State: 42.6
- Median household income
- $69,252State: $74,568
- Median home value
- $334,800State: $359,000
- Median rent
- $1,594/moState: $1,669
- Homeowners
- 50.4%
- Bachelor's degree or higher
- 44.5%
- Average commute
- 26 min
Is Temple Terrace a good place to live?
Pros: Home values 7% lower than the state median; an average commute of 26 minutes; unemployment of 3.7%; a poverty rate of 9%.
Cons: Median household income 7% lower than the Florida median.
The weather is best in February–March and November–December.
Cost of living in Temple Terrace
Housing is the biggest part of the cost of living. In Temple Terrace the median home value is $334,800, about the same as the U.S. median. Renters pay a median of $1,594 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,743 a month in housing costs.
Temple Terrace median household income
The median household income in Temple Terrace is $69,252 and the income per person is $38,513. 9% of residents live below the poverty line (Florida: 12.6%).
Housing in Temple Terrace: homes for sale and rent
- Housing units
- 12,079
- Owner-occupied
- 50.4%
- Renter-occupied
- 49.6%
- Vacant
- 3.7%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.28
Temple Terrace demographics
- Population
- 27,275
- Median age
- 34.5
- Under 18
- 20.1%
- 65 and older
- 16.3%
- Households
- 11,630
- Foreign-born
- 14.8%
- Veterans
- 5.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Temple Terrace ›
Education in Temple Terrace
44.5% of adults 25 and older in Temple Terrace have a bachelor's degree or higher (Florida: 34.1%), and 16.4% have a graduate or professional degree.
Jobs and commute in Temple Terrace
- Unemployment rate
- 3.7%State: 4.8%
- Average commute
- 26 minState: 28 min
- Work from home
- 23%
- Drive alone
- 64.9%
- Public transit
- 1%
- Walk to work
- 1.6%
- Homes with broadband
- 95.1%
Temple Terrace vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Temple Terrace | 27,275 | $69,252 | $334,800 | $1,594 |
| East Lake-Orient Park | 29,213 | $56,573 | $233,200 | $1,555 |
| University | 48,127 | $37,207 | $164,900 | $1,295 |
| Thonotosassa | 15,764 | $71,272 | $312,300 | $1,134 |
| Mango | 13,242 | $52,524 | $256,600 | $1,277 |
| Lake Magdalene | 32,083 | $75,594 | $371,800 | $1,434 |
| Seffner | 8,885 | $93,333 | $344,100 | $1,818 |
| Tampa | 401,618 | $75,475 | $420,400 | $1,701 |
| Lutz | 27,106 | $120,031 | $486,500 | $1,823 |
More for people moving to Temple Terrace
Temple Terrace ZIP code ›Weather and climate ›Living in Temple Terrace: FAQ
What is the median household income in Temple Terrace, FL?
The median household income in Temple Terrace is $69,252, 7% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Temple Terrace?
The median home value in Temple Terrace is $334,800, compared with $359,000 in Florida.
How much is rent in Temple Terrace?
The median gross rent in Temple Terrace is $1,594 per month, about 32.7% of household income.
Is Temple Terrace, FL a good place to live?
Pluses: home values 7% lower than the state median; an average commute of 26 minutes; unemployment of 3.7%; a poverty rate of 9%. Minuses: median household income 7% lower than the Florida median.
What is the median age in Temple Terrace?
The median age in Temple Terrace is 34.5 years (Florida: 42.6).
How long is the commute in Temple Terrace?
The average commute to work in Temple Terrace is 26 minutes; 23% of workers work from home.
What is the unemployment rate in Temple Terrace?
The unemployment rate in Temple Terrace is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Temple Terrace?
44.5% of adults in Temple Terrace have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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