Living in Palmhurst, Texas
Cost of living, income, home prices, rent and demographics of Palmhurst · Census data 2020–2024
Palmhurst has 2,601 residents with a median age of 35.2. The median household income is $98,125 (25% higher than the Texas median), the median home value is $375,000, the median rent is $823/month.
Palmhurst at a glance
- Population
- 2,601
- Median age
- 35.2State: 35.6
- Median household income
- $98,125State: $78,476
- Median home value
- $375,000State: $283,800
- Median rent
- $823/moState: $1,403
- Homeowners
- 80.3%
- Bachelor's degree or higher
- 39.2%
- Average commute
- 18 min
Is Palmhurst a good place to live?
Pros: Median household income 25% higher than the Texas median; an average commute of 18 minutes; unemployment of 4%; a poverty rate of 4.3%.
Cons: Home values 32% higher than the state median.
The weather is best in February–March and November–December.
Cost of living in Palmhurst
Housing is the biggest part of the cost of living. In Palmhurst the median home value is $375,000, 13% higher than the U.S. median. Renters pay a median of $823 per month, which is 18.4% of household income. Homeowners with a mortgage pay $2,484 a month in housing costs.
Palmhurst median household income
The median household income in Palmhurst is $98,125 and the income per person is $45,041. 4.3% of residents live below the poverty line (Texas: 13.8%).
Housing in Palmhurst: homes for sale and rent
- Housing units
- 921
- Owner-occupied
- 80.3%
- Renter-occupied
- 19.7%
- Vacant
- 14.8%Includes seasonal homes
- Median year built
- 1999
- Average household size
- 3.31
Palmhurst demographics
- Population
- 2,601
- Median age
- 35.2
- Under 18
- 30.5%
- 65 and older
- 13.1%
- Households
- 785
- Foreign-born
- 14.5%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Palmhurst ›
Education in Palmhurst
39.2% of adults 25 and older in Palmhurst have a bachelor's degree or higher (Texas: 33.8%), and 17.6% have a graduate or professional degree.
Jobs and commute in Palmhurst
- Unemployment rate
- 4%State: 5.3%
- Average commute
- 18 minState: 27 min
- Work from home
- 10.7%
- Drive alone
- 75.1%
- Public transit
- 0%
- Walk to work
- 1.1%
- Homes with broadband
- 96.8%
Palmhurst vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palmhurst | 2,601 | $98,125 | $375,000 | $823 |
| Alton | 20,214 | $52,715 | $156,300 | $1,038 |
| West Sharyland | 1,664 | $46,863 | $98,300 | — |
| McAllen | 145,385 | $61,579 | $190,400 | $1,049 |
| La Homa | 11,285 | $36,895 | $109,200 | $740 |
| Mission | 87,038 | $60,767 | $175,700 | $950 |
| Palmview | 15,921 | $43,963 | $113,600 | $678 |
| Doffing | 5,004 | $32,318 | $101,700 | $785 |
| Palmview South | 1,819 | $29,167 | $82,400 | — |
More for people moving to Palmhurst
Palmhurst ZIP code ›Weather and climate ›Living in Palmhurst: FAQ
What is the median household income in Palmhurst, TX?
The median household income in Palmhurst is $98,125, 25% higher 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 Palmhurst?
The median home value in Palmhurst is $375,000, compared with $283,800 in Texas.
How much is rent in Palmhurst?
The median gross rent in Palmhurst is $823 per month, about 18.4% of household income.
Is Palmhurst, TX a good place to live?
Pluses: median household income 25% higher than the Texas median; an average commute of 18 minutes; unemployment of 4%; a poverty rate of 4.3%. Minuses: home values 32% higher than the state median.
What is the median age in Palmhurst?
The median age in Palmhurst is 35.2 years (Texas: 35.6).
How long is the commute in Palmhurst?
The average commute to work in Palmhurst is 18 minutes; 10.7% of workers work from home.
What is the unemployment rate in Palmhurst?
The unemployment rate in Palmhurst is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palmhurst?
39.2% of adults in Palmhurst 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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