Palacios, Texas Demographics & Population 2026
During the 2020–2024 ACS period, Palacios, Texas had a total population of 4,388, the 463rd largest city in Texas, with a median household income of $52,620, which is 33% lower than the state average. The poverty rate is 19.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 33% below the state average, indicating significant economic challenges.
- Near full employment with an unemployment rate of just 1.3%.
Palacios Quick Facts
How Palacios Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 4,394 | 4,388 | -0.1% |
| Median household income | $60,613 | $52,620 | -13.2% |
| Median home value | $153,000 | $153,800 | +0.5% |
How Palacios Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
Palacios Rankings in Texas
Explore Texas Rankings
Other Cities in Matagorda County
Cities Similar to Palacios
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| La Grange | 4,452 | $53,547 | $338,700 | 27.8% | 10.9% |
| Comanche | 4,295 | $51,981 | $125,700 | 14.8% | 25.9% |
| Jacksboro | 4,334 | $55,040 | $259,700 | 11.0% | 21.8% |
| Canton | 4,545 | $51,027 | $219,900 | 24.5% | 11.7% |
| Anthony | 4,580 | $54,588 | $168,200 | 15.0% | 19.7% |
Population Overview
Palacios is a small community located in Texas, within Matagorda County. The total population is 4,388. It ranks as the 463rd most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Palacios is 46.2 years. This is 30% higher than the state median of 35.6 years.
Economy, Income & Housing
The median household income in Palacios is $52,620. This is 33% lower than the state median of $78,476. It is also 35% lower than the national median of $80,734. The poverty rate stands at 19.2%. This is 39% higher than the state poverty rate of 13.8%. The unemployment rate is 1.3%. This is 75% lower than the state rate of 5.3%. The median home value is $153,800. Housing costs are 46% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.9x, Palacios is one of the most affordable housing markets in the area. 84.0% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Palacios is Hispanic or Latino, making up 65.0% of the population. White (non-Hispanic) residents account for 29.7%. The Black or African American population (1.0%) is well below the state average of 11.9%. The Hispanic or Latino population is significantly higher than the state average (65.0% vs 39.7%). The Asian population (1.5%) is well below the state average of 5.5%.
Education
22.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 33% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 60.1%.
Data Sources & Methodology
All demographic data for Palacios, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Palacios, Texas?
Palacios, Texas has a population of 4,388 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palacios, TX?
The median household income in Palacios is $52,620, which is 35% lower than the national median of $80,734.
What is the poverty rate in Palacios, TX?
The poverty rate in Palacios is 19.2%. This means approximately 842 residents live below the federal poverty line.
What is the racial makeup of Palacios, Texas?
Palacios's population is 29.7% White, 1.0% Black, 65.0% Hispanic/Latino, and 1.5% Asian.
What is the median home value in Palacios, TX?
The median home value in Palacios is $153,800. The home-value-to-income ratio is 2.9x.
How educated is Palacios, Texas?
22.8% of adults (25+) in Palacios hold a bachelor's degree or higher, and 12.0% hold a graduate or professional degree.