Living in Palisades, Texas
Cost of living, income, home prices, rent and demographics of Palisades · Census data 2020–2024
Palisades has 265 residents with a median age of 48.7. The median household income is $73,750 (6% lower than the Texas median), the median home value is $267,200.
Palisades is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Palisades at a glance
- Population
- 265
- Median age
- 48.7State: 35.6
- Median household income
- $73,750State: $78,476
- Median home value
- $267,200State: $283,800
- Homeowners
- 98.5%
- Bachelor's degree or higher
- 16.8%
- Average commute
- 31 min
Is Palisades a good place to live?
Pros: Home values 6% lower than the state median; unemployment of 1.4%; a poverty rate of 7.2%.
Cons: Median household income 6% lower than the Texas median; an average commute of 31 minutes.
The weather is best in April–May and September–October.
Cost of living in Palisades
Housing is the biggest part of the cost of living. In Palisades the median home value is $267,200, 20% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,038 a month in housing costs.
Palisades median household income
The median household income in Palisades is $73,750 and the income per person is $45,265. 7.2% of residents live below the poverty line (Texas: 13.8%).
Housing in Palisades: homes for sale and rent
- Housing units
- 169
- Owner-occupied
- 98.5%
- Renter-occupied
- 1.5%
- Vacant
- 20.1%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 1.96
Palisades demographics
- Population
- 265
- Median age
- 48.7
- Under 18
- 8.7%
- 65 and older
- 30.9%
- Households
- 135
- Foreign-born
- 6%
- Veterans
- 20.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Palisades ›
Education in Palisades
16.8% of adults 25 and older in Palisades have a bachelor's degree or higher (Texas: 33.8%), and 8% have a graduate or professional degree.
Jobs and commute in Palisades
- Unemployment rate
- 1.4%State: 5.3%
- Average commute
- 31 minState: 27 min
- Work from home
- 6.6%
- Drive alone
- 80.9%
- Public transit
- 5.9%
- Walk to work
- 0.7%
- Homes with broadband
- 85.2%
Palisades vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palisades | 265 | $73,750 | $267,200 | — |
| Lake Tanglewood | 624 | $120,625 | $633,600 | — |
| Timbercreek Canyon | 528 | $145,278 | $400,000 | — |
| Rockwell Place | 2,016 | $57,188 | $91,600 | $1,298 |
| Canyon | 15,723 | $69,772 | $240,300 | $984 |
| Amarillo | 201,885 | $65,912 | $196,900 | $1,092 |
| Bishop Hills | 202 | $112,813 | $322,900 | — |
| Bushland | 2,779 | $146,071 | $424,900 | — |
| Happy | 647 | $55,313 | $91,800 | $1,102 |
More for people moving to Palisades
Palisades ZIP code ›Weather and climate ›Living in Palisades: FAQ
What is the median household income in Palisades, TX?
The median household income in Palisades is $73,750, 6% 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 Palisades?
The median home value in Palisades is $267,200, compared with $283,800 in Texas.
Is Palisades, TX a good place to live?
Pluses: home values 6% lower than the state median; unemployment of 1.4%; a poverty rate of 7.2%. Minuses: median household income 6% lower than the Texas median; an average commute of 31 minutes.
What is the median age in Palisades?
The median age in Palisades is 48.7 years (Texas: 35.6).
How long is the commute in Palisades?
The average commute to work in Palisades is 31 minutes; 6.6% of workers work from home.
What is the unemployment rate in Palisades?
The unemployment rate in Palisades is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palisades?
16.8% of adults in Palisades 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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