Palmer, TX
Population 1,606 · Texas
About Palmer, TX
Palmer is a small town located in Texas with a population of 1,606 residents according to the latest US Census Bureau American Community Survey data. The median household income is $27,418 per year, which is 64% below the national median of $75,149. The median age of 20.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Palmer features a median home value of $52,500, which is 79% below the national median of $244,900. This makes Palmer one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 416 total housing units, 90% are owner-occupied (335 units) and 10% are renter-occupied (39 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palmer shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 53.9%, above the national average of 12.4%. Workers in Palmer have an average one-way commute time of 23.4 minutes.
Education & Demographics
4.5% of Palmer residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 100.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 31.1% of the population being foreign-born.
Cost of Living in Palmer, TX
Compared to national averages, Palmer has a median household income of $27,418 (64% below the national median of $75,149). Home values average $52,500, which is 79% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Palmer's income is 62% below the state average of $72,726, and home values are 75% below the state median of $211,769.
Why Live in Palmer, TX?
Palmer offers affordable housing with a median home value of $52,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 23.4 minutes.
Potential considerations include median household income ($27,418) that falls below the national average. However, Palmer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palmer has a population of 1,606 with a median age of 20.4 years. Compare Palmer with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Palmer
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rosanky | 1,609 | $104,628 | $293,900 | Compare |
| Lockney | 1,602 | $58,333 | $88,400 | Compare |
| Mustang Ridge | 1,610 | $91,765 | $238,600 | Compare |
| Whitewright | 1,610 | $54,063 | $207,500 | Compare |
| Rio Vista | 1,616 | $70,587 | $191,200 | Compare |
| Rosharon | 1,596 | $77,443 | $216,600 | Compare |
| Preston | 1,617 | $64,803 | $184,600 | Compare |
| Ivanhoe | 1,619 | $42,917 | $85,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Palmer With Other Cities
Frequently Asked Questions about Palmer
What is the population of Palmer, TX?
The population of Palmer, TX is 1,606 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Palmer?
The median household income in Palmer, TX is $27,418 per year, which is 64% below the national median of $75,149.
What is the median home value in Palmer?
The median home value in Palmer, TX is $52,500, which is 79% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palmer?
The median monthly rent in Palmer, TX is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Palmer?
The unemployment rate in Palmer, TX is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Palmer, TX a good place to live?
Palmer offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,606 and a median age of 20.4, the city appeals to young professionals and families.
How educated is Palmer, TX?
4.5% of residents in Palmer aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Palmer?
Key cost-of-living indicators for Palmer, TX: median home value is $52,500 (79% below national), median rent is $0/month, and median household income is $27,418. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Palmer?
The poverty rate in Palmer, TX is 53.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Palmer, TX?
Palmer's population is 100.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 31.1% of residents are foreign-born.