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Palacios, TX

Full City Profile · Texas · Matagorda County County

3.1 /5.0
B Good
4,394 Population 805/sq mi density
$60,613 Median Income $30,705 per capita
$153,000 Home Value $185,902 Zillow
$1,042 Median Rent 47.8% income on rent
72°F Avg Temperature 330 sunny days/yr
329 Violent Crime/100K 2,083 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$60,613 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$153,000 home value, $1,042/mo rent
F
Safety
1.0 / 5.0
329 violent crimes/100K
C+
Education
2.8 / 5.0
22.2% bachelor's degree or higher

Income Overview

Median Household Income
$60,613
19% below
US avg: $75,149
Per Capita Income
$30,705
21% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
15.6%
26% above
US avg: 12.4%

Income Comparison: Palacios vs. U.S. Average

Each bar shows Palacios’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$60,613
81%
Per Capita
US: $39,052
$30,705
79%
IRS Avg AGI
US: $72,000
$64,685
90%
Avg Weekly Wage
US: $1,432
$1,327
93%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,327
7% below US avg ($1,432)
Mean Commute Time
19 min
32% below US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
84.5%
15% above US avg (73.2%)
Public Transit
2.6%
48% below US avg (5.0%)
County GDP
$2,905M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 84.5%
Public Transit 2.6%
Work From Home 0%
Other 12.9%
Average commute time
19 minutes
US avg: 28 min

Business Landscape

Total Establishments
824
Restaurants
96
Healthcare
86
Retail
132
Manufacturing
32

Tax & Financial

IRS Avg Adjusted Gross Income
$64,685
10% below US avg ($72,000)
Avg Property Tax
$5,986
71% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$60,613
Per Capita Income$30,705
IRS Avg Adjusted Gross Income$64,685
Avg Weekly Wage$1,327
County GDP$2,905M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate15.6%
Gini Coefficient0.471
Cost of Living Index97.1

Commute

Mean Commute19 minutes
Drive Alone84.5%
Public Transit2.6%
Work From Home0.0%

Businesses

Total Establishments824
Restaurants96
Healthcare86
Retail132
Manufacturing32

Tax

IRS Avg AGI$64,685
Avg Property Tax$5,986