There’s no question – the Temple, Texas population is booming. Located just 45 minutes north of Austin, the region offers residents the ideal balance between family-friendly community amenities and a big city lifestyle. Particularly in light of COVID-19, a relocation to Temple means more opportunity at a lower cost of living for many who live in large metro areas and are facing economic and lifestyle challenges due to the pandemic.
Companies that choose to locate in Temple benefit from the region’s ever-growing workforce population. Between 2014 and 2019, Temple saw a 7% population increase, and skilled talent continues to flock to Central Texas. The combination of the city’s proximity to large Texas metros, low cost of living, and excellent quality of life assets attracts skilled talent to the region. Living in Temple, Texas means access to excellent schools and community, bringing an abundance of young professionals to the Temple workforce.
“Corporations have long-known that Temple is the place to do business, but now we want individuals to know that opportunities are rich here. From affordable cost of living and strong earning potential, to excellent schools, healthcare, and recreation, we really have it all,” notes Adrian Cannady, President and CEO of Temple EDC.
A Strong Talent Pipeline
Thanks to Temple’s proximity to Fort Hood, as well as numerous higher education institutions, the Central Texas talent pool runs deep with a diverse array of skilled workers across a variety of industries, from sciences to services and everything in-between. Temple is easily able to retain top talent, thanks in part to the region’s rank among SmartAsset’s top 10 “Best American Cities to Work in Tech.” Add to that Texas’ position as #4 on CNBC’s list of U.S. states winning the talent war, and it comes as no surprise that skilled talent find a home in Temple.
Employers that locate in Temple benefit from the region’s robust population of military veterans. Fort Hood, the U.S.’s largest active-duty armored post, is located just 30 miles away. Many retirees choose to live and work in Temple – and this is no coincidence, as Temple ranks among Military Times’ “Best Small Cities to Live in for Vets.” Plus, the city’s affordable cost of living – more than twenty percent below the national average – along with its family-friendly culture and unparalleled access to major metros, gives companies a leg up in successfully recruiting veteran talent from major markets like Florida and Illinois.
The state of Texas ranks third in the U.S. for it’s labor supply, and Temple is no exception. Over the past five years, the Killeen-Temple-Fort Hood MSA college graduate pipeline has increased by 34%. Thanks to an abundance of higher education institutions in the region, the Central Texas talent pipeline flows with a constant stream of new graduates entering the workforce. Technology, engineering, and services companies in particular draw skilled talent from higher education institutions like Temple College, University of Mary Hardin-Baylor, the Texas Bioscience Institute, and local STEM education programs. Additionally, graduates from the Texas A&M Health Science Center and College of Medicine enter the local health & life sciences industry cluster ready to innovate progressive healthcare systems and technologies. The Temple region also offers excellent training programs for vocational workers.