The typical owner-occupied home in Temple is worth about $232,800, 23% below the Georgia median of $303,300 and 30% below the national median of $332,700. Owners pay a median $1,667 a year in property taxes, about 0.72% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $91,180 a year, so the median home costs 2.6 times the median income (3.9 times for Georgia). 83% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Temple at a glance
| Temple | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $232,800 | $303,300 | $332,700 |
| Median property tax paid per year | $1,667 | $2,341 | $3,119 |
| Property tax as a share of value | 0.72% | 0.77% | 0.94% |
| Median household income | $91,180 | $77,353 | $80,734 |
| Homes lived in by their owners | 83% | 66% | 65% |
| Owner homes with a mortgage | 72% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,375 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 17.6% | 20.0% | 21.0% |
| Median rent | $1,384 | $1,393 | $1,413 |
| Rent as a share of renters' income | 26.1% | 31.3% | 30.6% |
| Median year homes were built | 2000 | 1992 | 1980 |
| Vacant homes | 12.6% | 10.3% | 10.1% |
| Population | 5,901 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Temple
At this week's average 30-year rate of 7.11%, buying the median Temple home of $232,800 with 20% down costs about $1,490 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,877, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $63,837 for the 20%-down payment. That payment is 20% of the median Temple household income of $91,180; at that income and 20% down, the 28% guideline points to a home of about $333,000.
The median rent here is $1,384 a month, so owning the median home costs about $106 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $46,560 |
|---|---|
| Loan amount | $186,240 |
| Principal and interest | $1,253 |
| Property taxes (0.72% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| PMI | $0 |
| Total per month | $1,490 |
Change the numbers in the calculator
| Down payment | $8,148 |
|---|---|
| Loan amount | $228,583 |
| Principal and interest | $1,538 |
| Property taxes (0.72% a year) | $140 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| FHA mortgage insurance | $103 |
| Total per month | $1,877 |
Change the numbers in the calculator
Questions about home buying in Temple
What is the median home value in Temple?
About $232,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Temple?
Homeowners pay a median $1,667 a year, which is about 0.72% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Temple?
For the median home with 20% down at 7.11%, the payment is about $1,490 a month. Keeping that under 28% of gross income takes about $63,837 a year.
More about Temple
- Mortgage Refinance in Temple
- Debt Relief in Temple
- Home Equity Loans in Temple
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data