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Palmhurst, Texas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,601
Population
$98,125
Median Income
$375,000
Home Value
35.2
Median Age

Demographics

Palmhurst has a population of 2,601 with a median age of 35.2. Here is the racial and ethnic breakdown of the population:

Hispanic
78.7%
White
39.8%
Asian
4.0%
Demographic Value
Total Population2,601
Median Age35.2
White39.8%
Black or African American0.3%
Asian4.0%
Hispanic or Latino78.7%
Palmhurst, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 123.Hispanic/Latino: 64.1%White: 32.4%Asian: 3.3%Other: 0.2%2,601PopulationHispanic/LatinoHispanic/Latino64.1%WhiteWhite32.4%AsianAsian3.3%OtherOther0.2%

Income & Economy

The median household income in Palmhurst is $98,125, which is 21.7% above the national median of $80,610. The per capita income is $45,041. The poverty rate is 4.3%.

$98,125
Median Household Income
$45,041
Per Capita Income
4.3%
Poverty Rate

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Education

In Palmhurst, 84.1% of residents age 25+ have a high school diploma or higher, and 39.2% hold a bachelor's degree or higher (17.6% with a graduate or professional degree).

HS Diploma+
84.1%
Bachelor's+
39.2%
Graduate+
17.6%
Education Level % of Adults (25+)
High School Diploma or Higher84.1%
Bachelor's Degree or Higher39.2%
Graduate or Professional Degree17.6%

Housing

The median home value in Palmhurst is $375,000, above the national median of $303,400. The median monthly rent is $823. The homeownership rate is 80.3%.

$375,000
Median Home Value
$823/mo
Median Rent
80.3%
Homeownership Rate
Housing Metric Value
Median Home Value$375,000
Median Monthly Rent$823
Homeownership Rate80.3%
Vacancy Rate14.8%

Salaries in Texas

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Frequently Asked Questions

What is the population of Palmhurst, Texas?
The population of Palmhurst, Texas is 2,601 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Palmhurst, Texas?
The median household income in Palmhurst, Texas is $98,125. This is 21.7% above the national median of $80,610.
What is the median home value in Palmhurst, Texas?
The median home value in Palmhurst, Texas is $375,000. The median monthly rent is $823.
What percentage of people in Palmhurst have a college degree?
In Palmhurst, Texas, 39.2% of adults age 25 and older hold a bachelor's degree or higher, and 84.1% have a high school diploma or higher.
Is Palmhurst, Texas an affordable place to live?
The home price-to-income ratio in Palmhurst, Texas is 3.8x (median home value $375,000 vs. median income $98,125), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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