Living in Palo Pinto, Texas

Cost of living, income, home prices, rent and demographics of Palo Pinto · Census data 2020–2024

Palo Pinto has 208 residents with a median age of 35.9. The median household income is $50,278 (36% lower than the Texas median), the median home value is $161,200.

Palo Pinto is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Palo Pinto at a glance

Population
208
Median age
35.9State: 35.6
Median household income
$50,278State: $78,476
Median home value
$161,200State: $283,800
Homeowners
94%
Bachelor's degree or higher
0%
Average commute
23 min

Is Palo Pinto a good place to live?

Pros: Home values 43% lower than the state median; an average commute of 23 minutes; a poverty rate of 11.6%.

Cons: Median household income 36% lower than the Texas median.

The weather is best in March–April and October–November.

Cost of living in Palo Pinto

Housing is the biggest part of the cost of living. In Palo Pinto the median home value is $161,200, 52% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.

Median home value

Palo Pinto$161,200
Texas$283,800
United States$332,700

Median monthly rent

Texas$1,403
United States$1,413

Palo Pinto median household income

The median household income in Palo Pinto is $50,278 and the income per person is $14,795. 11.6% of residents live below the poverty line (Texas: 13.8%).

Median household income

Palo Pinto$50,278
Texas$78,476
United States$80,734

Housing in Palo Pinto: homes for sale and rent

Housing units
68
Owner-occupied
94%
Renter-occupied
6%
Vacant
26.5%Includes seasonal homes
Median year built
1942
Average household size
2.24

Palo Pinto demographics

Population
208
Median age
35.9
Under 18
16.3%
65 and older
5.3%
Households
50
Foreign-born
4.8%
Veterans
5.2%Adults 18+

Race and ethnicity

White69.2%
Hispanic or Latino31.3%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Palo Pinto ›

Education in Palo Pinto

0% of adults 25 and older in Palo Pinto have a bachelor's degree or higher (Texas: 33.8%), and 0% have a graduate or professional degree.

Bachelor's degree or higher

Palo Pinto0%
Texas33.8%
United States35.7%

Jobs and commute in Palo Pinto

Unemployment rate
0%State: 5.3%
Average commute
23 minState: 27 min
Work from home
0%
Drive alone
100%
Public transit
0%
Walk to work
0%
Homes with broadband
96%

Palo Pinto vs nearby towns

TownPopulationMedian incomeHome valueRent
Palo Pinto208$50,278$161,200—
Graford654$60,938$127,500$950
Santo427$104,107$161,500—
Mineral Wells15,244$55,929$161,300$1,077
Gordon460$87,188$161,700$944
Cool159$87,614$428,000$2,150
Millsap433$56,477$210,200$1,000
Mingus380$53,036$82,100$850
Garner493$128,750$426,000$1,672

More for people moving to Palo Pinto

Palo Pinto ZIP code ›Weather and climate ›

Living in Palo Pinto: FAQ

What is the median household income in Palo Pinto, TX?

The median household income in Palo Pinto is $50,278, 36% 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 Palo Pinto?

The median home value in Palo Pinto is $161,200, compared with $283,800 in Texas.

Is Palo Pinto, TX a good place to live?

Pluses: home values 43% lower than the state median; an average commute of 23 minutes; a poverty rate of 11.6%. Minuses: median household income 36% lower than the Texas median.

What is the median age in Palo Pinto?

The median age in Palo Pinto is 35.9 years (Texas: 35.6).

How long is the commute in Palo Pinto?

The average commute to work in Palo Pinto is 23 minutes; 0% of workers work from home.

What is the unemployment rate in Palo Pinto?

The unemployment rate in Palo Pinto is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Palo Pinto?

0% of adults in Palo Pinto 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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