Living in Templeton, Massachusetts

Cost of living, income, home prices, rent and demographics of Templeton · Census data 2020–2024

Templeton has 8,252 residents with a median age of 40.3. The median household income is $101,154 (about the same as the Massachusetts median), the median home value is $358,500, the median rent is $1,207/month.

Templeton at a glance

Population
8,252
Median age
40.3State: 40
Median household income
$101,154State: $103,960
Median home value
$358,500State: $562,100
Median rent
$1,207/moState: $1,762
Homeowners
85.3%
Bachelor's degree or higher
26.9%
Average commute
28 min

Is Templeton a good place to live?

Pros: Home values 36% lower than the state median; an average commute of 28 minutes.

Cons: Median household income about the same as the Massachusetts median; unemployment of 6.6%; a poverty rate of 10.6%.

The weather is best in June to September.

Cost of living in Templeton

Housing is the biggest part of the cost of living. In Templeton the median home value is $358,500, 8% higher than the U.S. median. Renters pay a median of $1,207 per month, which is 24.8% of household income. Homeowners with a mortgage pay $2,029 a month in housing costs.

Median home value

Templeton$358,500
Massachusetts$562,100
United States$332,700

Median monthly rent

Templeton$1,207
Massachusetts$1,762
United States$1,413

Templeton median household income

The median household income in Templeton is $101,154 and the income per person is $42,539. 10.6% of residents live below the poverty line (Massachusetts: 10%).

Median household income

Templeton$101,154
Massachusetts$103,960
United States$80,734

Housing in Templeton: homes for sale and rent

Housing units
3,527
Owner-occupied
85.3%
Renter-occupied
14.7%
Vacant
8.6%Includes seasonal homes
Median year built
1972
Average household size
2.51

Templeton demographics

Population
8,252
Median age
40.3
Under 18
22.9%
65 and older
14.7%
Households
3,224
Foreign-born
1.7%
Veterans
7.2%Adults 18+

Race and ethnicity

White92.5%
Hispanic or Latino3.7%
Black0.7%
Asian1.5%

Hispanic or Latino can be of any race. Population history of Templeton ›

Education in Templeton

26.9% of adults 25 and older in Templeton have a bachelor's degree or higher (Massachusetts: 47.3%), and 8.2% have a graduate or professional degree.

Bachelor's degree or higher

Templeton26.9%
Massachusetts47.3%
United States35.7%

Jobs and commute in Templeton

Unemployment rate
6.6%State: 5.2%
Average commute
28 minState: 29 min
Work from home
16.9%
Drive alone
69.9%
Public transit
0%
Walk to work
1.5%
Homes with broadband
91.8%

Templeton vs nearby towns

TownPopulationMedian incomeHome valueRent
Templeton8,252$101,154$358,500$1,207
Baldwinville2,528$51,917$328,900$786
Phillipston1,895$94,692$372,400$1,375
Gardner21,148$67,518$301,600$1,109
Hubbardston4,371$123,500$371,600$953
Winchendon10,440$75,690$323,800$1,255
South Ashburnham1,500$126,071$370,300—
Athol12,011$69,316$268,100$1,150
Westminster8,374$106,331$422,000$1,843

More for people moving to Templeton

Templeton ZIP code ›Weather and climate ›

Living in Templeton: FAQ

What is the median household income in Templeton, MA?

The median household income in Templeton is $101,154, about the same as the Massachusetts median of $103,960 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Templeton?

The median home value in Templeton is $358,500, compared with $562,100 in Massachusetts.

How much is rent in Templeton?

The median gross rent in Templeton is $1,207 per month, about 24.8% of household income.

Is Templeton, MA a good place to live?

Pluses: home values 36% lower than the state median; an average commute of 28 minutes. Minuses: median household income about the same as the Massachusetts median; unemployment of 6.6%; a poverty rate of 10.6%.

What is the median age in Templeton?

The median age in Templeton is 40.3 years (Massachusetts: 40).

How long is the commute in Templeton?

The average commute to work in Templeton is 28 minutes; 16.9% of workers work from home.

What is the unemployment rate in Templeton?

The unemployment rate in Templeton is 6.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Templeton?

26.9% of adults in Templeton 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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