At a Glance
Median Income
$52,292
$29,386 per capita
Home Value
$69,500
Zillow: $141,008
Median Rent
$538/mo
15.0% of income on rent
Bachelor's Degree+
18.7%
93.5% high school+
Unemployment
3.8%
8.2% poverty rate
Obesity Rate
40.5%
14.8% smoking rate
How Palco Compares to the U.S. Average
Each bar shows Palco's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Palco a Good Place to Live?
B+
3.7 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Palco residents earn a median household income of $52,292 , which is 30% below the national average of $75,149.
Per capita income is $29,386. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 202 business establishments, including 14 restaurants.
Housing & Cost of Living
The median home value in Palco is $69,500 , 75% below the national median of $281,900.
Zillow estimates the typical home at $141,008. Median rent is $538/month, with 15.0% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1951.
Education
18.7% of adults in Palco hold a bachelor's degree or higher
(45% below the national average).
93.5% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Palco has an average annual temperature of 53°F (12°C).
Winters average 29°F in January while summers reach 78°F in July. Annual precipitation totals 25.1 inches.
Data Overview
People
Population214
Median Age41.2 yrs
Density793/mi²
Male / Female43% / 58%
Foreign Born1.4%
Veterans6.3%
Economy
B+
Median Income$52,292
Per Capita$29,386
Unemployment3.8%
Poverty8.2%
County GDP$230M
Avg Weekly Wage$858
Housing
A+
Home Value$69,500
Rent$538
Ownership84.9%
Zillow$141,008
Housing Units112
Rent Burden15.0%
Health
Obesity40.5%
Diabetes9.2%
Smoking14.8%
Heart Disease5.5%
Premature Death11,137/100K
Climate
Avg Temp53°F
Rain25.1 in/yr
Elevation2,277 ft
Education
C
Bachelor's+18.7%
High School+93.5%
Graduate+8.0%
School Score5.5/10
Community
2024 VoteR 85% / D 14%
Commute14 min
Broadband96.8%
Internet Speed130 Mbps
EV Stations1
Libraries3
Did You Know?
The median home in Palco was built in 1951.
The nearest airport is Hays Regional (32 miles).
The Gini coefficient (income inequality) is 0.369 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
17.3% of the population has a disability.
Average internet download speed is 130 Mbps.
91 declared natural disasters on record.