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Templeton

Learn about the people, housing, costs and businesses in Templeton, Iowa

Median Home$136,300
Median Rent$721/month
Population358
Leading IndustriesPublic Administration · Construction · Agriculture & Mining29% public administration
Home Value Growth⬆⬆⬆+48.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners89% of occupied units
NotableAffordable Market$136k median home · lower cost than 79% of the country
Templeton
IA

Frequently Asked Questions

What are today's mortgage rates in Templeton?

As of today, the 30-year fixed mortgage rate for Templeton is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Templeton?

The median home value in Templeton is $136k. The median monthly rent is $721. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Templeton?

Home values in Templeton have increased 48.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Templeton?

Based on a typical all-in ownership cost of $719/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Templeton is $77k/year.

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What industries drive the economy in Templeton?

The largest employment sectors in Templeton are public administration (29%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.