Quick facts: Templeton, MA

Quick Facts

119.6
Cost of Living
above US average
8,153
Population
Crime rate Data is updating, will be available soon
Media income Data is updating, will be available soon
$539,900
Median House Price
above US average
$2300.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
3.9%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $0.

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Income Needed to Buy

βœ— Stretch
$169k/year
Based on $539,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $169k vs median $0
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Income Needed to Rent

⚠ Stretch
$99k/year
Based on $2300.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $99k vs median $0
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Templeton, MA

Templeton is a small, picturesque town located in Worcester County, Massachusetts. Nestled among scenic landscapes, it is known for its charming rural character and community-oriented atmosphere. The town spans approximately 36 square miles and features a mix of residential homes, farmland, and natural spaces. One notable aspect of Templeton is its historical significance, with several well-preserved 19th-century buildings adding to the town's quaint appeal. The community is rich in local culture, offering various recreational activities, including hiking trails, parks, and outdoor sports. Templeton's location provides easy access to larger urban centers while maintaining a serene rural lifestyle. The town is also home to various local shops, restaurants, and seasonal events that foster a strong sense of community. With its blend of history, nature, and small-town charm, Templeton is an inviting place for residents and visitors alike. The town’s commitment to preserving its cultural heritage and environment ensures a unique living experience in Massachusetts.

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