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Palmer town, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Palmer town, Texas has a total population of 2,449, the 662nd largest city in Texas, with a median household income of $87,379, which is 15% higher than the state average. The poverty rate is 8.3%.

Key Takeaways

Palmer town Quick Facts

Population 2,449
Median Household Income $87,379
Median Home Value $203,400
Poverty Rate 8.3%
Unemployment Rate 8.1%
Median Age 31.4 years
Homeownership Rate 73.3%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 13.5%
High School Graduation Rate 86.7%
Diversity Index 51/100
Population 2,449 662nd of 1,800
Median Income $87,379 top 30%
Poverty Rate 8.3% 33% lower national
Median Home Value $203,400 above average

How Palmer town Compares

Economy & Housing

Employment

8.1% Unemployment Rate State: 5.1% | National: 5.2%
75.9% Labor Force Participation

Housing Overview

Owner 73.3%
Renter 26.7%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

51out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 60

Education

Palmer town Rankings in Texas

#662 Population of 1,800
#367 Median Income of 1,800
#1102 Education of 1,800
#552 Home Value of 1,800

Cities Similar to Palmer town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ozona CDP2,485$81,957$136,0005.4%3.8%
McQueeney CDP2,469$95,950$292,60021.1%13.7%
Willow Grove CDP2,333$86,250$240,90013.1%5.1%
Panhandle town2,613$86,354$151,80035.3%6.9%
Westworth Village city2,618$90,750$330,00031.0%17.7%

Population Overview

Palmer town is a small community located in Texas. The total population is 2,449. It ranks as the 662nd most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Palmer town is 31.4 years. This is 12% lower than the state median of 35.5 years. With 30.4% of the population under 18, Palmer town has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Palmer town is $87,379. This is 15% higher than the state median of $76,292. Compared to the national median of $78,538, household income here is 11% higher. The poverty rate stands at 8.3%. This is 40% lower than the state poverty rate of 13.8%. The unemployment rate is 8.1%. This is 57% higher than the state rate of 5.1%. The median home value is $203,400. Housing costs are 22% lower than the state median of $260,400. With a home-value-to-income ratio of just 2.3x, Palmer town is one of the most affordable housing markets in the area. 73.3% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Palmer town is White (non-Hispanic), making up 59.9% of the population. Hispanic or Latino residents account for 35.3%. The White (non-Hispanic) population is significantly higher than the state average (59.9% vs 39.9%). The Black or African American population (1.1%) is well below the state average of 11.9%.

Education

13.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 33.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.7%.

Data Sources & Methodology

All demographic data for Palmer town, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Palmer town, Texas?

Palmer town, Texas has a population of 2,449 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmer town, TX?

The median household income in Palmer town is $87,379, which is 11% higher the national median of $78,538.

What is the poverty rate in Palmer town, TX?

The poverty rate in Palmer town is 8.3%. This means approximately 203 residents live below the federal poverty line.

What is the racial makeup of Palmer town, Texas?

Palmer town's population is 59.9% White, 1.1% Black, 35.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palmer town, TX?

The median home value in Palmer town is $203,400. The home-value-to-income ratio is 2.3x.

How educated is Palmer town, Texas?

13.5% of adults (25+) in Palmer town hold a bachelor's degree or higher, and 2.8% hold a graduate or professional degree.