Texas · Census place 54798
Palm Valley city, TX
Quick answer
Palm Valley city has 1,650 residents, ranking #810 of 1863 places in Texas. Median household income is $92,000, the median home is worth $264,400 and median gross rent runs $1,225 a month.
- Population
- 1,650Palm Valley city residents
- Median household income
- $92,000Past 12 months, inflation adjusted
- Median home value
- $264,400Owner-occupied units
- Median gross rent
- $1,225Rent plus utilities, monthly
- Median age
- 47.3 yrsAll residents
- Homeownership rate
- 76.5%Owner-occupied households
What the numbers mean in Palm Valley city
Housing cost measured against local earnings.
A household earning the Palm Valley city median would spend about 16% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.4% of residents and 76.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Texas.
- Holliday city 1,670
- Hawkins city 1,664
- Seadrift city 1,664
- Poth town 1,646
- Forest Heights CDP 1,644
- Carter CDP 1,642
- Beverly Hills city 1,631
Keep going
More Texas coverage.