Paloma Creek, TX
Population 3,250 · Texas
About Paloma Creek, TX
Paloma Creek is a small town located in Texas with a population of 3,250 residents according to the latest US Census Bureau American Community Survey data. The median household income is $88,850 per year, which is 18% above the national median of $75,149. The median age of 31.5 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 Paloma Creek features a median home value of $308,500, which is 26% above the national median of $244,900. This positions Paloma Creek in a moderately priced market relative to the rest of the country. Median monthly rent is $2,732, 135% above the national average of $1,163/month. Of the 1,096 total housing units, 81% are owner-occupied (888 units) and 19% are renter-occupied (208 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Paloma Creek shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Paloma Creek have an average one-way commute time of 31.8 minutes.
Education & Demographics
37.6% of Paloma Creek residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 25.3% White, 0.6% Hispanic or Latino, 1.0% Black or African American, and 1.8% Asian residents, with 10.1% of the population being foreign-born.
Cost of Living in Paloma Creek, TX
Compared to national averages, Paloma Creek has a median household income of $88,850 (18% above the national median of $75,149). Home values average $308,500, which is 26% above the national median. Monthly rent at $2,732 is 135% above the US average of $1,163. Within Texas, Paloma Creek's income is 22% above the state average of $72,726, and home values are 46% above the state median of $211,769.
Why Live in Paloma Creek, TX?
Paloma Creek offers a strong local economy with a median household income of $88,850, well above the national average, and a strong job market with an unemployment rate of just 1.3%, and a well-educated community where 37.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.0%, better than the national average.
Paloma Creek has a population of 3,250 with a median age of 31.5 years. Compare Paloma Creek with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Paloma Creek
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hideaway | 3,259 | $90,640 | $287,600 | Compare |
| Weimar | 3,240 | $64,103 | $163,300 | Compare |
| Magnolia | 3,230 | $70,516 | $285,200 | Compare |
| Presidio | 3,226 | $16,762 | $59,300 | Compare |
| Barton Creek | 3,281 | $193,971 | $1,752,800 | Compare |
| Beach City | 3,214 | $146,227 | $455,100 | Compare |
| Val Verde Park | 3,197 | $59,476 | $103,200 | Compare |
| Crane | 3,304 | $69,083 | $128,400 | 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 Paloma Creek With Other Cities
Frequently Asked Questions about Paloma Creek
What is the population of Paloma Creek, TX?
The population of Paloma Creek, TX is 3,250 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 Paloma Creek?
The median household income in Paloma Creek, TX is $88,850 per year, which is 18% above the national median of $75,149.
What is the median home value in Paloma Creek?
The median home value in Paloma Creek, TX is $308,500, which is 26% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Paloma Creek?
The median monthly rent in Paloma Creek, TX is $2,732, which is 135% above the national average of $1,163/month.
What is the unemployment rate in Paloma Creek?
The unemployment rate in Paloma Creek, TX is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Paloma Creek, TX a good place to live?
Paloma Creek offers above-average incomes, a competitive housing market, and a strong job market. With a population of 3,250 and a median age of 31.5, the city appeals to young professionals and families.
How educated is Paloma Creek, TX?
37.6% of residents in Paloma Creek aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Paloma Creek?
Key cost-of-living indicators for Paloma Creek, TX: median home value is $308,500 (26% above national), median rent is $2,732/month, and median household income is $88,850. The home-value-to-income ratio is 3.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Paloma Creek?
The poverty rate in Paloma Creek, TX is 9.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Paloma Creek, TX?
Paloma Creek's population is 25.3% White, 0.6% Hispanic or Latino, 1.0% Black or African American, 1.8% Asian, and 12.4% two or more races. 10.1% of residents are foreign-born.