Affordable

What Salary Do You Need to Live in Templeton?

To afford a 2-bedroom in Templeton, you need to earn at least $34,160/year based on estimated fair market rent data. The median household income here is $51,250, which means the typical resident is $17,090 above the threshold.

Census ACS Data Pop. 292

Salary Required by Bedroom Size

Bedroom	Monthly Rent	Monthly Income	Annual Salary	vs. Median
Studio	$598	$1,993	$23,920	$-27,330
1 Bedroom	$709	$2,363	$28,360	$-22,890
2 Bedroom BENCHMARK	$854	$2,847	$34,160	$-17,090
3 Bedroom	$1,042	$3,473	$41,680	$-9,570
4 Bedroom	$1,281	$4,270	$51,240	$-10

Affordability Breakdown

Where the required salary line crosses above Templeton's median income — housing becomes unaffordable for the typical resident.

Required Salary Median Income

Income vs. Rent Snapshot

Median Income

$51,250

Annual household

2BR Required Salary

$34,160

Under 30% rule

Income Gap

+$17,090

Surplus

Verdict

Affordable

Ratio: 20.0%

The 30% Rule Calculator

Enter your annual salary to see what you can afford in Templeton

Your Annual Salary

Pre-filled with Templeton's median household income

Max monthly rent you can afford$1,281

Studio

$598/mo

1 BR

$709/mo

2 BR

$854/mo

3 BR

$1,042/mo

4 BR

$1,281/mo

Your salary is $0 above the median income in Templeton.

Salary Comparison by Bedroom

Bars left of the marker line are affordable for Templeton's median earner. Bars to the right require above-median income.

Affordable Above Median Median Income

What This Means If You're Moving to Templeton

Living in Templeton is well within reach for most median-income earners. With a $17,090 cushion between what residents earn and what a 2-bedroom requires, households in Templeton typically have meaningful financial flexibility after housing costs.

For remote workers or relocators evaluating Templeton, a studio at $598/month offers an even more aggressive savings rate. Even a 3-bedroom at $1,042/month remains accessible for dual-income households earning above $41,680.

To live comfortably with room for non-housing expenses, a break-even salary of approximately $51,240 would position you well — though many residents in Templeton manage on less given the favorable rent-to-income dynamics.

Economic Outlook

Local Job Market & Housing Dynamics

Affording rent isn't just about housing prices—it's heavily dependent on local employment opportunities and the strength of the job market in Templeton, Pennsylvania.

With a total population of 292, the city supports an active civilian workforce of 119 people. A strong employment base often indicates a stable economy, which is crucial when committing to a lease requiring a $34,160 annual salary. The ratio of employed residents to the total population provides insight into the local economic health and competition for both jobs and housing.

Employed Workforce

119

Active civilian employees in Templeton

Frequently Asked Questions About Renting in Templeton

What salary do I need to live in Templeton, Pennsylvania?

To afford a 2-bedroom in Templeton under the 30% rule, you need an annual salary of at least $34,160. The median household income in Templeton is $51,250.

Can I afford a 2-bedroom in Templeton on $51,250?

The affordability verdict for Templeton is "Affordable". The rent-to-income ratio is 20.0%, meaning median earners have a $17,090 surplus.

What is the average rent in Templeton compared to median income?

The median gross rent in Templeton is $709/month. With a median household income of $51,250, residents spend approximately 20.0% of their income on rent.

What salary do I need for a studio in Templeton?

A studio in Templeton rents for approximately $598/month. Under the 30% rule, you need an annual salary of $23,920 to afford this.

Is Templeton considered an affordable place to live?

Based on the surplus of $17,090 and an affordability verdict of "Affordable", Templeton is considered a affordable rental market when comparing the required 2-bedroom salary of $34,160 to the local median household income.

How Templeton Compares

Other cities in Pennsylvania with salary requirements