Living in Palacios, Texas
Cost of living, income, home prices, rent and demographics of Palacios · Census data 2020–2024
Palacios has 4,388 residents with a median age of 46.2. The median household income is $52,620 (33% lower than the Texas median), the median home value is $153,800, the median rent is $785/month.
Palacios at a glance
- Population
- 4,388
- Median age
- 46.2State: 35.6
- Median household income
- $52,620State: $78,476
- Median home value
- $153,800State: $283,800
- Median rent
- $785/moState: $1,403
- Homeowners
- 84%
- Bachelor's degree or higher
- 22.8%
- Average commute
- 24 min
Is Palacios a good place to live?
Pros: Home values 46% lower than the state median; an average commute of 24 minutes; unemployment of 1.3%.
Cons: Median household income 33% lower than the Texas median; a poverty rate of 19.2%.
The weather is best in February to April and November.
Cost of living in Palacios
Housing is the biggest part of the cost of living. In Palacios the median home value is $153,800, 54% lower than the U.S. median. Renters pay a median of $785 per month, which is 51% of household income. Homeowners with a mortgage pay $2,036 a month in housing costs.
Palacios median household income
The median household income in Palacios is $52,620 and the income per person is $27,481. 19.2% of residents live below the poverty line (Texas: 13.8%).
Housing in Palacios: homes for sale and rent
- Housing units
- 2,196
- Owner-occupied
- 84%
- Renter-occupied
- 16%
- Vacant
- 15.3%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.35
Palacios demographics
- Population
- 4,388
- Median age
- 46.2
- Under 18
- 17.4%
- 65 and older
- 22.9%
- Households
- 1,861
- Foreign-born
- 11%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Palacios ›
Education in Palacios
22.8% of adults 25 and older in Palacios have a bachelor's degree or higher (Texas: 33.8%), and 12% have a graduate or professional degree.
Jobs and commute in Palacios
- Unemployment rate
- 1.3%State: 5.3%
- Average commute
- 24 minState: 27 min
- Work from home
- 0%
- Drive alone
- 83.4%
- Public transit
- 7%
- Walk to work
- 0%
- Homes with broadband
- 78.2%
Palacios vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palacios | 4,388 | $52,620 | $153,800 | $785 |
| Blessing | 418 | $51,313 | $138,100 | — |
| Matagorda | 182 | $14,145 | $380,000 | — |
| Markham | 873 | $68,536 | $137,600 | — |
| Point Comfort | 304 | $142,500 | $251,600 | $1,175 |
| Wadsworth | 366 | $31,847 | — | — |
| Port O'Connor | 620 | $95,593 | $415,300 | — |
| Bay City | 17,730 | $53,840 | $160,800 | $1,025 |
| Port Lavaca | 11,358 | $70,123 | $128,200 | $849 |
More for people moving to Palacios
Palacios ZIP code ›Weather and climate ›Living in Palacios: FAQ
What is the median household income in Palacios, TX?
The median household income in Palacios is $52,620, 33% lower than the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palacios?
The median home value in Palacios is $153,800, compared with $283,800 in Texas.
How much is rent in Palacios?
The median gross rent in Palacios is $785 per month, about 51% of household income.
Is Palacios, TX a good place to live?
Pluses: home values 46% lower than the state median; an average commute of 24 minutes; unemployment of 1.3%. Minuses: median household income 33% lower than the Texas median; a poverty rate of 19.2%.
What is the median age in Palacios?
The median age in Palacios is 46.2 years (Texas: 35.6).
How long is the commute in Palacios?
The average commute to work in Palacios is 24 minutes; 0% of workers work from home.
What is the unemployment rate in Palacios?
The unemployment rate in Palacios is 1.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palacios?
22.8% of adults in Palacios have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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