Living in Paloma Creek South, Texas
Cost of living, income, home prices, rent and demographics of Paloma Creek South · Census data 2020–2024
Paloma Creek South has 8,860 residents with a median age of 32.8. The median household income is $121,747 (55% higher than the Texas median), the median home value is $364,900, the median rent is $2,664/month.
Paloma Creek South at a glance
- Population
- 8,860
- Median age
- 32.8State: 35.6
- Median household income
- $121,747State: $78,476
- Median home value
- $364,900State: $283,800
- Median rent
- $2,664/moState: $1,403
- Homeowners
- 73.6%
- Bachelor's degree or higher
- 46.6%
- Average commute
- 42 min
Is Paloma Creek South a good place to live?
Pros: Median household income 55% higher than the Texas median; a poverty rate of 2%.
Cons: Home values 29% higher than the state median; an average commute of 42 minutes; unemployment of 5.9%.
The weather is best in March to May and October.
Cost of living in Paloma Creek South
Housing is the biggest part of the cost of living. In Paloma Creek South the median home value is $364,900, 10% higher than the U.S. median. Renters pay a median of $2,664 per month, which is 27% of household income. Homeowners with a mortgage pay $2,524 a month in housing costs.
Paloma Creek South median household income
The median household income in Paloma Creek South is $121,747 and the income per person is $46,957. 2% of residents live below the poverty line (Texas: 13.8%).
Housing in Paloma Creek South: homes for sale and rent
- Housing units
- 2,971
- Owner-occupied
- 73.6%
- Renter-occupied
- 26.4%
- Vacant
- 5.8%Includes seasonal homes
- Median year built
- 2012
- Average household size
- 3.16
Paloma Creek South demographics
- Population
- 8,860
- Median age
- 32.8
- Under 18
- 29.5%
- 65 and older
- 8.9%
- Households
- 2,800
- Foreign-born
- 12.2%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Paloma Creek South ›
Education in Paloma Creek South
46.6% of adults 25 and older in Paloma Creek South have a bachelor's degree or higher (Texas: 33.8%), and 15.8% have a graduate or professional degree.
Jobs and commute in Paloma Creek South
- Unemployment rate
- 5.9%State: 5.3%
- Average commute
- 42 minState: 27 min
- Work from home
- 37.1%
- Drive alone
- 52%
- Public transit
- 0%
- Walk to work
- 2.3%
- Homes with broadband
- 95.1%
Paloma Creek South vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Paloma Creek South | 8,860 | $121,747 | $364,900 | $2,664 |
| Paloma Creek | 3,016 | $91,534 | $346,800 | $2,576 |
| Little Elm | 54,820 | $119,219 | $420,700 | $1,953 |
| Savannah | 6,469 | $142,868 | $400,000 | $2,000 |
| Providence Village | 8,721 | $110,430 | $351,000 | $2,413 |
| Cross Roads | 2,035 | $124,145 | $632,300 | $1,750 |
| Oak Point | 5,887 | $126,290 | $395,900 | $2,227 |
| Hackberry | 2,979 | $109,769 | $416,600 | $2,208 |
| Krugerville | 1,577 | $117,917 | $426,000 | — |
More for people moving to Paloma Creek South
Paloma Creek South ZIP code ›Weather and climate ›Living in Paloma Creek South: FAQ
What is the median household income in Paloma Creek South, TX?
The median household income in Paloma Creek South is $121,747, 55% 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 Paloma Creek South?
The median home value in Paloma Creek South is $364,900, compared with $283,800 in Texas.
How much is rent in Paloma Creek South?
The median gross rent in Paloma Creek South is $2,664 per month, about 27% of household income.
Is Paloma Creek South, TX a good place to live?
Pluses: median household income 55% higher than the Texas median; a poverty rate of 2%. Minuses: home values 29% higher than the state median; an average commute of 42 minutes; unemployment of 5.9%.
What is the median age in Paloma Creek South?
The median age in Paloma Creek South is 32.8 years (Texas: 35.6).
How long is the commute in Paloma Creek South?
The average commute to work in Paloma Creek South is 42 minutes; 37.1% of workers work from home.
What is the unemployment rate in Paloma Creek South?
The unemployment rate in Paloma Creek South is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Paloma Creek South?
46.6% of adults in Paloma Creek South 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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