Palmer, TX

Full City Profile · Texas · Ellis County County

3.0 /5.0
B Good
2,449 Population 521/sq mi density
$87,379 Median Income $29,376 per capita
$203,400 Home Value $322,524 Zillow
$1,709 Median Rent 21.0% income on rent
66°F Avg Temperature
38 Violent Crime/100K 269 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$87,379 median income, 8.1% unemployment
A+
Affordability
5.0 / 5.0
$203,400 home value, $1,709/mo rent
F
Safety
1.0 / 5.0
38 violent crimes/100K
C
Education
2.1 / 5.0
13.5% bachelor's degree or higher

Income Overview

Median Household Income
$87,379
16% above
US avg: $75,149
Per Capita Income
$29,376
25% below
US avg: $39,052
Unemployment Rate
8.1%
125% above
US avg: 3.6%
Poverty Rate
4.2%
66% below
US avg: 12.4%

Income Comparison: Palmer vs. U.S. Average

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

Median Household
US: $75,149
$87,379
116%
Per Capita
US: $39,052
$29,376
75%
IRS Avg AGI
US: $72,000
$81,086
113%
Avg Weekly Wage
US: $1,432
$1,114
78%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,114
22% below US avg ($1,432)
Mean Commute Time
29 min
5% above US avg (28 min)
Work From Home
7.7%
49% below US avg (15.2%)
Drive Alone
85.7%
17% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$10,768M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.7%
Public Transit 0%
Work From Home 7.7%
Other 6.6%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,919
Restaurants
344
Healthcare
342
Retail
451
Manufacturing
181

Tax & Financial

IRS Avg Adjusted Gross Income
$81,086
13% above US avg ($72,000)
Avg Property Tax
$7,596
117% 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$87,379
Per Capita Income$29,376
IRS Avg Adjusted Gross Income$81,086
Avg Weekly Wage$1,114
County GDP$10,768M

Hardship Indicators

Unemployment Rate8.1%
Poverty Rate4.2%
Gini Coefficient0.401
Cost of Living Index97.1

Commute

Mean Commute29 minutes
Drive Alone85.7%
Public Transit0.0%
Work From Home7.7%

Businesses

Total Establishments3,919
Restaurants344
Healthcare342
Retail451
Manufacturing181

Tax

IRS Avg AGI$81,086
Avg Property Tax$7,596