Panorama Village, TX
Population 2,524 · Texas
About Panorama Village, TX
Panorama Village is a small town located in Texas with a population of 2,524 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,906 per year, which is 2% above the national median of $75,149. The median age of 52.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Panorama Village features a median home value of $263,000, which is 7% above the national median of $244,900. This positions Panorama Village in a moderately priced market relative to the rest of the country. Median monthly rent is $1,411, 21% above the national average of $1,163/month. Of the 1,137 total housing units, 91% are owner-occupied (1,019 units) and 9% are renter-occupied (98 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Panorama Village shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Panorama Village have an average one-way commute time of 28.9 minutes.
Education & Demographics
39.0% of Panorama Village 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 7.8% White, 0.7% Hispanic or Latino, 2.0% Black or African American, and 2.2% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Panorama Village, TX
Compared to national averages, Panorama Village has a median household income of $76,906 (2% above the national median of $75,149). Home values average $263,000, which is 7% above the national median. Monthly rent at $1,411 is 21% above the US average of $1,163. Within Texas, Panorama Village's income is 6% above the state average of $72,726, and home values are 24% above the state median of $211,769.
Why Live in Panorama Village, TX?
Panorama Village offers a strong local economy with a median household income of $76,906, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 39.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 10.3%, better than the national average.
Panorama Village has a population of 2,524 with a median age of 52.7 years. Compare Panorama Village with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Panorama Village
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Freer | 2,524 | $75,521 | $102,000 | Compare |
| Ponder | 2,524 | $110,714 | $287,000 | Compare |
| Mount Vernon | 2,523 | $67,097 | $176,900 | Compare |
| De Leon | 2,512 | $50,871 | $79,800 | Compare |
| Ranger | 2,541 | $34,006 | $49,700 | Compare |
| Fritch | 2,544 | $78,487 | $124,000 | Compare |
| Lake Kiowa | 2,496 | $123,098 | $467,500 | Compare |
| Daingerfield | 2,492 | $47,697 | $101,700 | 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 Panorama Village With Other Cities
Frequently Asked Questions about Panorama Village
What is the population of Panorama Village, TX?
The population of Panorama Village, TX is 2,524 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 Panorama Village?
The median household income in Panorama Village, TX is $76,906 per year, which is 2% above the national median of $75,149.
What is the median home value in Panorama Village?
The median home value in Panorama Village, TX is $263,000, which is 7% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Panorama Village?
The median monthly rent in Panorama Village, TX is $1,411, which is 21% above the national average of $1,163/month.
What is the unemployment rate in Panorama Village?
The unemployment rate in Panorama Village, TX is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Panorama Village, TX a good place to live?
Panorama Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,524 and a median age of 52.7, the city appeals to established professionals and retirees.
How educated is Panorama Village, TX?
39.0% of residents in Panorama Village 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 Panorama Village?
Key cost-of-living indicators for Panorama Village, TX: median home value is $263,000 (7% above national), median rent is $1,411/month, and median household income is $76,906. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Panorama Village?
The poverty rate in Panorama Village, TX is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Panorama Village, TX?
Panorama Village's population is 7.8% White, 0.7% Hispanic or Latino, 2.0% Black or African American, 2.2% Asian, and 1.0% two or more races. 3.0% of residents are foreign-born.