Last updated: 2024 BLS data · Page refreshed:
Palacios has a population of 4,388 with a median age of 46.2. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,388 |
| Median Age | 46.2 |
| White | 37.8% |
| Black or African American | 4.4% |
| Asian | 1.5% |
| Hispanic or Latino | 65.0% |
The median household income in Palacios is $52,620, which is 34.7% below the national median of $80,610. The per capita income is $27,481. The poverty rate is 19.2%.
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In Palacios, 60.1% of residents age 25+ have a high school diploma or higher, and 22.8% hold a bachelor's degree or higher (12.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 60.1% |
| Bachelor's Degree or Higher | 22.8% |
| Graduate or Professional Degree | 12.0% |
The median home value in Palacios is $153,800, below the national median of $303,400. The median monthly rent is $785. The homeownership rate is 84.0%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $153,800 |
| Median Monthly Rent | $785 |
| Homeownership Rate | 84.0% |
| Vacancy Rate | 15.3% |
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