Right Now
Active Weather Alerts
0
Population & People
Population
1,523
Median age
18.5
Median household income
$18,675
Poverty rate
76.2%
Unemployment rate
0.0%
Bachelor's degree+
0.0%
Avg. commute
24 min
Hispanic or Latino
100.0%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
—
Median gross rent
—
Homeownership rate
72.54%
HUD FMR — 2 bedroom
$1,149
HUD Fair Market Rent (Texas statewide average across 254 areas — not specific to Palmer), 2026. Efficiency $887, 1BR $935, 2BR $1149, 3BR $1497, 4BR $1733. This is a different official figure from Census median gross rent above.
Energy
Texas gasoline midgrade
$4.08
Texas commercial electricity
8.64¢/kWh
Texas industrial electricity
6.55¢/kWh
Texas residential electricity
15.47¢/kWh
Economy
Gross Domestic Product: All Industry Total
2904427.8
Real Gross Domestic Product: All Industry Total
2277203.3
All-Transactions House Price Index for Texas
531.31
Unemployment Rate
4.5%
Source: FRED, Texas-specific series.