Temple Terrace, Florida Income Statistics
Temple Terrace Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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C
Temple Terrace Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Temple Terrace | Florida Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,591 | $74,580 | $80,455 |
| Median Personal Income | $50,347 | $52,322 | $60,758 |
| Average Yearly Income Growth | 3.8% | 5.4% | 4.8% |
| Six-Figure Earners | 9.1% | 11.6% | 13.9% |
| $200k+ Households | 6.3% | 11.0% | 13.2% |
The median household income in Temple Terrace is about 9% lower than in Florida. Income has been growing slower in Temple Terrace (3.8%/yr) than in Florida (5.4%/yr).
About 9% of adults in Temple Terrace earn six figures ($100,000 or more) a year, lower than the Florida average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Temple Terrace, Florida grew by 42.5% from 2009 to 2024, reaching $67,591 in 2024. That's an average of about 3.8% per year.
Temple Terrace has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. The gap has widened from 7.2% in 2009, the closest it has been, to 16% in 2024.
Income Distribution in Temple Terrace
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 3,493 households (30.0% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 22.6% of households in Temple Terrace had an income under $35,000 and 12.6% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Temple Terrace has a larger share of households earning $50,000 to $74,999 (19.1% vs 15.5%) and a smaller share earning $200,000 or more (6.3% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 593 | 5.1% | 5.1% |
| $10,000 to $14,999 | 263 | 2.3% | 3.5% |
| $15,000 to $24,999 | 744 | 6.4% | 6.4% |
| $25,000 to $34,999 | 1,028 | 8.8% | 6.7% |
| $35,000 to $49,999 | 1,524 | 13.1% | 10.1% |
| $50,000 to $74,999 | 2,231 | 19.1% | 15.5% |
| $75,000 to $99,999 | 1,776 | 15.2% | 12.6% |
| $100,000 to $149,999 | 2,030 | 17.4% | 17.4% |
| $150,000 to $199,999 | 731 | 6.3% | 9.5% |
| $200,000 or more | 731 | 6.3% | 13.2% |
Shares are of all 11,652 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 2,142 residents (9.1% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 10.4% of residents who have any income.
In 2024, 12.4% of Temple Terrace residents aged 15 and over reported no personal income, 29.3% had some income but less than $25,000, and 16.6% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Temple Terrace has a larger share of residents earning $25,000 to $34,999 (12.4% vs 9.5%) and a smaller share earning $100,000 or more (9.1% vs 13.9%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,904 | 12.4% | 12.8% |
| $1 to $9,999 | 2,402 | 10.2% | 11.2% |
| $10,000 to $14,999 | 1,665 | 7.1% | 7.0% |
| $15,000 to $24,999 | 2,805 | 11.9% | 10.5% |
| $25,000 to $34,999 | 2,916 | 12.4% | 9.5% |
| $35,000 to $49,999 | 3,311 | 14.1% | 12.6% |
| $50,000 to $74,999 | 3,586 | 15.3% | 14.3% |
| $75,000 to $99,999 | 1,744 | 7.4% | 8.2% |
| $100,000 or more | 2,142 | 9.1% | 13.9% |
Shares are of the 23,475 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 12.4% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Temple Terrace
| Metric | Temple Terrace | Florida Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.528 | 0.551 | 0.552 |
| Male Median Income | $59,187 | $60,595 | $69,667 |
| Female Median Income | $48,860 | $50,762 | $56,850 |
| Gender Pay Gap | 17.4% | 16.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Temple Terrace, it is 0.528, lower than Florida's 0.551, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 21% more than women's income in Temple Terrace, Florida. Over a 35-year career, a 21% wage gap accumulates to roughly $361,445 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Temple Terrace, Florida has widened from about 7% to 17% in 2024. Over that period the gap was narrowest at 3% in 2010. In dollar terms, the gap has widened by $7,536 since 2009.
Sharply against the trend: the pay gap in Temple Terrace widened by 10.2 points while Florida's narrowed by 2.5 points.
Employment
| Metric | Temple Terrace | Florida Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.1% | 4.8% | 5.2% |
| Working from Home | 23.1% | 15.7% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 786 people are unemployed in Temple Terrace, Florida.
The average commute time in Temple Terrace is 23 minutes, about the same as in Florida.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Temple Terrace, Florida has fallen from 10.8% to 5.1% in 2024. Over that period the rate peaked at 12.1% in 2012 and fell as low as 3.0% in 2019.
Temple Terrace has crossed the U.S. unemployment rate 3 times since 2011, most recently dropping below it in 2024, at 0.1 points lower.
Temple Terrace, FL Wealth Compared With Nearby Cities
Temple Terrace, FL is typical in size for this group, 28,116 residents against a local median of 31,109, so the measures below are close to a like for like comparison. The measure that sets Temple Terrace, FL apart most is income growth: 3.8%/yr, 30% below the local median of 5.5%/yr. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $67,591 against a local median of $57,270, 18% above it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so Temple Terrace, FL is trading one against the other rather than simply out-performing what surrounds it. The cities themselves spread 1.3%/yr on income growth, so Temple Terrace, FL sits at one end of an already wide local range rather than apart from it. Temple Terrace, FL has the 4th highest income growth of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Temple Terrace, FL | 28,116 | $67,591 #2/4 | 3.8%/yr #4/4 | 5.1% #3/4 | 0.528 #4/4 |
| East Lake-Orient Park, FL | 30,711 | $57,270 | 5.5%/yr | 5.8% | 0.528 |
| University, FL | 45,630 | $38,990 | 5.9%/yr | 5.0% | 0.526 |
| Lake Magdalene, FL | 31,109 | $76,402 | 4.6%/yr | 3.3% | 0.524 |
Conclusion
Considering all these factors, Temple Terrace, Florida has an overall wealth index grade of C, making it somewhat better than Florida, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Temple Terrace, Florida.
How Rich Is Temple Terrace, Florida?
Temple Terrace has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,591, about 9% lower than the Florida average of $74,580.
Are incomes growing in Temple Terrace, Florida?
Between 2009 and 2024, the median household income in Temple Terrace, Florida rose 43%, from $47,425 to $67,591. Over the same years, income here lagged behind Florida as a whole: +43% against +57%.
What was the median household income in Temple Terrace in 2023?
In 2023, the median household income in Temple Terrace, Florida was $61,637, up 6% from $58,205 in 2022. The Florida median that year was $71,864.
What was the median household income in Temple Terrace in 2020?
In 2020, the median household income in Temple Terrace, Florida was $52,367. By 2024 it had risen 29% to $67,591.
What is the Gini coefficient in Temple Terrace, Florida?
The Gini coefficient in Temple Terrace is 0.528. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Temple Terrace, Florida?
Since 2009, the income gap between men and women in Temple Terrace, Florida has widened from about 7% to 17% in 2024. Over that period the gap was narrowest at 3% in 2010. In dollar terms, the gap has widened by $7,536 since 2009.
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