Skip to main content

Palmer, Texas Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

During the 2020–2024 ACS period, Palmer, Texas had a total population of 2,515, the 651st largest town in Texas, with a median household income of $104,258, which is 33% higher than the state average. The poverty rate is 4.5%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Palmer Quick Facts

Population 2,515
Median Household Income $104,258
Median Home Value $226,000
Poverty Rate 4.5%
Unemployment Rate 7.2%
Median Age 31.0 years
Homeownership Rate 77.2%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 12.0%
High School Graduation Rate 88.4%
Diversity Index 51/100
Population 2,515 651st of 1,795
Median Income $104,258 top 20%
Poverty Rate 4.5% 64% lower than national
Median Home Value $226,000 above average

How Palmer Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,4492,515+2.7%
Median household income$87,379$104,258+19.3%
Median home value$203,400$226,000+11.1%

How Palmer Compares

Economy & Housing

Household Income Distribution

Under $25K 4.2%
$25K-$50K 9.4%
$50K-$100K 33.3%
$100K+ 53.1%
Detailed income brackets
Under $10K
2.4%
$10K-$15K
0.0%
$15K-$20K
1.8%
$20K-$25K
0.0%
$25K-$30K
0.5%
$30K-$35K
0.8%
$35K-$40K
1.5%
$40K-$45K
3.4%
$45K-$50K
3.2%
$50K-$60K
9.6%
$60K-$75K
11.6%
$75K-$100K
12.1%
$100K-$125K
25.4%
$125K-$150K
8.9%
$150K-$200K
16.2%
$200K+
2.7%

Employment

7.2% Unemployment Rate State: 5.3%|National: 5.2%
77.1% Labor Force Participation

Housing Overview

Owner 77.2%
Renter 22.8%
Affordability Index Very Affordable
2.2x home value to income ratio
Median gross rent $1,718/mo 19.8% of median household income annually

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: 61

Education

Palmer Rankings in Texas

#651 Population of 1,795
#238 Median Income of 1,546
#1218 Education of 1,795
#548 Home Value of 1,542

Other Cities in Ellis County

CityPopulationMedian IncomePovertyHome Value
Waxahachie 45,347 $85,723 7.9% $336,500
Midlothian 39,356 $126,641 5.2% $411,800
Ennis 22,588 $75,074 10.9% $260,100
Red Oak 17,077 $104,561 5.2% $366,100
Venus 6,745 $106,023 9.5% $270,500
Italy 2,372 $60,754 11.1% $168,600
Oak Leaf 1,827 $131,806 2.8% $411,300
Garrett 1,260 $79,792 3.1% $125,800
Milford 966 $30,850 25.4% $160,200
Bardwell 963 $61,000 10.1% $133,000

Cities Similar to Palmer

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Ponder2,626$106,250$321,00033.5%1.0%
Uhland2,520$92,238$279,90017.0%6.4%
Palmhurst2,601$98,125$375,00039.2%4.3%
Bells2,497$92,075$232,40023.7%11.8%
McQueeney2,392$97,739$307,10021.4%13.0%

Population Overview

Palmer is a small community located in Texas, within Ellis County. The total population is 2,515. It ranks as the 651st most populous out of 1,795 Census-designated places in Texas.

Age Demographics

The median age in Palmer is 31.0 years. This is 13% lower than the state median of 35.6 years. With 30.3% of the population under 18, Palmer has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Palmer is $104,258. This is 33% higher than the state median of $78,476. It is also 29% higher than the national median of $80,734. The poverty rate stands at 4.5%. This is 67% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 7.2%. This is 36% higher than the state rate of 5.3%. The median home value is $226,000. Housing costs are 20% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.2x, Palmer is one of the most affordable housing markets in the area. 77.2% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Palmer is White (non-Hispanic), making up 60.8% of the population. Hispanic or Latino residents account for 34.9%. The White (non-Hispanic) population is significantly higher than the state average (60.8% vs 39.1%). The Black or African American population (0.4%) is well below the state average of 11.9%.

Education

12.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% 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 88.4%.

Data Sources & Methodology

All demographic data for Palmer, 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.

Free data download: Get all Texas city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Palmer, Texas?

Palmer, Texas has a population of 2,515 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmer, TX?

The median household income in Palmer is $104,258, which is 29% higher than the national median of $80,734.

What is the poverty rate in Palmer, TX?

The poverty rate in Palmer is 4.5%. This means approximately 113 residents live below the federal poverty line.

What is the racial makeup of Palmer, Texas?

Palmer's population is 60.8% White, 0.4% Black, 34.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palmer, TX?

The median home value in Palmer is $226,000. The home-value-to-income ratio is 2.2x.

How educated is Palmer, Texas?

12.0% of adults (25+) in Palmer hold a bachelor's degree or higher, and 3.1% hold a graduate or professional degree.