Templeton, IA
Population 314 · Iowa
About Templeton, IA
Templeton is a small community located in Iowa with a population of 314 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,813 per year, which is 3% below the national median of $75,149. The median age of 55.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Templeton features a median home value of $159,000, which is 35% below the national median of $244,900. This positions Templeton in a moderately priced market relative to the rest of the country. Median monthly rent is $693, 40% below the national average of $1,163/month. Of the 158 total housing units, 90% are owner-occupied (139 units) and 10% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Templeton shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Templeton have an average one-way commute time of 16.9 minutes, one of the shorter commutes in the region.
Education & Demographics
14.4% of Templeton residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Templeton, IA
Compared to national averages, Templeton has a median household income of $72,813 (3% below the national median of $75,149). Home values average $159,000, which is 35% below the national median. Monthly rent at $693 is 40% below the US average of $1,163. Within Iowa, Templeton's income is 7% above the state average of $67,947, and home values are 20% above the state median of $132,237.
Why Live in Templeton, IA?
Templeton offers affordable housing with a median home value of $159,000, below the US average of $244,900, and rent that’s lower than the national average at $693/month, and a strong job market with an unemployment rate of just 1.7%. Additionally, the city features a low poverty rate of 7.0%, better than the national average, and short commute times averaging just 16.9 minutes.
Potential considerations include median household income ($72,813) that falls below the national average. However, Templeton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Templeton has a population of 314 with a median age of 55.4 years. Compare Templeton with other cities to see how it stacks up, or explore all cities in Iowa.
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Templeton
What is the population of Templeton, IA?
The population of Templeton, IA is 314 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Iowa.
What is the median household income in Templeton?
The median household income in Templeton, IA is $72,813 per year, which is 3% below the national median of $75,149.
What is the median home value in Templeton?
The median home value in Templeton, IA is $159,000, which is 35% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Templeton?
The median monthly rent in Templeton, IA is $693, which is 40% below the national average of $1,163/month.
What is the unemployment rate in Templeton?
The unemployment rate in Templeton, IA is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Templeton, IA a good place to live?
Templeton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 314 and a median age of 55.4, the city appeals to established professionals and retirees.
How educated is Templeton, IA?
14.4% of residents in Templeton aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Templeton?
Key cost-of-living indicators for Templeton, IA: median home value is $159,000 (35% below national), median rent is $693/month, and median household income is $72,813. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Templeton?
The poverty rate in Templeton, IA is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Templeton, IA?
Templeton's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.