Palmer, Texas Demographics & Population 2026
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
- Household income is 33% above the state average — one of the wealthiest communities in Texas.
- An exceptionally low poverty rate of 4.5% — among the lowest in Texas.
- Housing is very affordable with a home-value-to-income ratio of just 2.2x.
Palmer Quick Facts
How Palmer 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 | 2,449 | 2,515 | +2.7% |
| Median household income | $87,379 | $104,258 | +19.3% |
| Median home value | $203,400 | $226,000 | +11.1% |
How Palmer 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+)
Palmer Rankings in Texas
Explore Texas Rankings
Other Cities in Ellis County
| City | Population | Median Income | Poverty | Home 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.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Ponder | 2,626 | $106,250 | $321,000 | 33.5% | 1.0% |
| Uhland | 2,520 | $92,238 | $279,900 | 17.0% | 6.4% |
| Palmhurst | 2,601 | $98,125 | $375,000 | 39.2% | 4.3% |
| Bells | 2,497 | $92,075 | $232,400 | 23.7% | 11.8% |
| McQueeney | 2,392 | $97,739 | $307,100 | 21.4% | 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.
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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.