Median Income
$80,085
7% higher than US avg
Home Value
$387,400
37% higher than US avg
Bachelor's+
0.0%
100% lower than US avg
Unemployment
0.0%
100% lower than US avg
Poverty Rate
0.0%
100% lower than US avg
How Paloma Compares to the U.S. Average (100% = U.S. avg)
People
Population448
Median Age54.6 yrs
Density1,358/mi²
Male / Female37% / 63%
Largest GroupWhite 63%
Veterans11.6%
Economy
A+
Median Income$80,085
Per Capita$35,538
Unemployment0.0%
Poverty0.0%
County GDP$2,074M
Commute50 min
Housing
B+
Home Value$387,400
RentN/A
OwnershipN/A
Rent Burden33.4%
Climate
Avg Temp63°F (17°C)
AQI48 (Good)
Rain22.9 in/yr
Sunny Days326/yr
Elevation1,386 ft (422 m)
Education
A+
Bachelor's+0.0%
High School+90.7%
School Score4.69
Community
2024 VoteR 63% / D 35%
Commute50 min
Broadband62.0%
Libraries9
Is Paloma a Good Place to Live?
Based on current data, Paloma receives an overall livability score of 4.4 out of 5.0, earning a grade of A. Key strengths include low unemployment, abundant sunshine, a low poverty rate. Areas to be aware of include long commute times. Paloma stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Paloma is $80,085, roughly in line with the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 50 minutes, longer than the typical American commute of 28 minutes.
Cost of Living & Housing
The median home value in Paloma is $387,400, 37% above the national median. A price-to-income ratio of 4.8x indicates a reasonably affordable housing market.
Education
0.0% of residents hold a bachelor's degree, below the national average of 33.7%. 90.7% have completed high school. Area schools have an average test score of 4.7/10.
Climate & Weather
Paloma enjoys a moderate climate with an average annual temperature of 63°F. Winters average 48°F in January while summers reach 79°F in July. With 326 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 22.9 inches. Air quality is rated Good with a median AQI of 48.
Paloma has a population of 448 with a density of 1,358 people per square mile. The median age is 54.6 years, 40% older than the national median of 38.9. The city is predominantly White (62.7%), with 7.1% Hispanic.
Population
54.6yrs
Median Age
40% above US avg
The median household income in Paloma is $80,085, which is 7% above the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 0.0% of residents live below the poverty line. Workers commute an average of 50 minutes.
Income
| Median HH Income | $80,085 |
| 7% above US avg |
| Per Capita Income | $35,538 |
| Avg Weekly Wage | $1,112 |
| IRS Avg AGI | $79,712 |
Employment & Poverty
| Unemployment | 0.0% |
| 100% below US avg |
| Poverty Rate | 0.0% |
| 100% below US avg |
| Establishments (County) | 1,514 |
| County GDP | $2,074M |
Business (County)
| Restaurants | 118 |
| Healthcare | 90 |
| Retail | 136 |
| Manufacturing | 50 |
Tax & Cost of Living
| Property Tax (IRS) | $5,385 |
| 54% above US avg |
| Cost of Living | 110.70 (100=avg) |
| Effective Tax Rate | 1.39% |
Commute & Transportation
| Commute Time | 49.8 min |
| Drive Alone | 100.0% |
| Public Transit | 0.0% |
| Work from Home | 0.0% |
The median home value in Paloma is $387,400, 37% above the national average.
Home Values
| Census Median | $387,400 |
| 37% above US avg |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $1,513 |
| 1 Bedroom | $1,647 |
| 2 Bedrooms | $2,053 |
| 3 Bedrooms | $2,752 |
| 4 Bedrooms | $3,165 |
Ownership & Property
Property Tax
| Avg Tax (IRS) | $5,385 |
| 54% above US avg |
| Effective Rate | 1.39% |
Paloma has an average annual temperature of 63°F (17°C). Winters average 48°F in January while summers reach 79°F in July. Annual precipitation is 22.9 inches. The area enjoys 326 sunny days per year. Air quality is rated Good with a median AQI of 48.
Temperature
48°F Jan (9°C)
79°F Jul (26°C)
| Annual Average | 62.6°F |
| 16% above US avg |
| January Average | 48°F (9°C) |
| July Average | 79°F (26°C) |
| Sunny Days | 326 days/yr |
Precipitation & Snow
| Annual Rainfall | 22.9 inches |
| 40% below US avg |
| Snowfall | 0.0 inches/yr |
Air Quality
| AQI Median | 48.0 |
| Rating | Good |
Geography
| Elevation | 1,386 ft (422 m) |
| Area | 0.3 sq mi (0.9 km²) |
| Population Density | 1,358/sq mi |
| Coordinates | 38.2606°N, 120.7644°W |
| Timezone | America/Los_Angeles |
| County FIPS | 06009 |