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ZipNumbers

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

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