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Templeville

Learn about the people, housing, costs and businesses in Templeville, Maryland

Median Home$306,820
Median Rent$1,190/month
Population115
Leading IndustriesProfessional Services · Retail2% professional services
Home Value Growth⬆⬆⬆+23.7% over 2 years
Young Adults47% of residentstop 1% nationally
Homeowners80% of occupied units
NotableHighly Educated26% hold a bachelor's degree · top 16% nationally
Templeville
MD

Frequently Asked Questions

What are today's mortgage rates in Templeville?

As of today, the 30-year fixed mortgage rate for Templeville is approximately 7.048% (7.089% 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 Templeville?

The median home value in Templeville is $307k. The median monthly rent is $1,190. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Templeville?

Home values in Templeville have increased 23.7% 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 Templeville?

Based on a typical all-in ownership cost of $1,362/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Templeville is $80k/year.

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What industries drive the economy in Templeville?

The largest employment sectors in Templeville are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.