At a Glance
Median Income
$88,850
$40,523 per capita
Home Value
$308,500
Zillow: $401,112
Median Rent
$2,732/mo
38.4% of income on rent
Bachelor's Degree+
37.6%
98.4% high school+
Unemployment
1.3%
5.3% poverty rate
Obesity Rate
35.4%
9.1% smoking rate
How Paloma Creek Compares to the U.S. Average
Each bar shows Paloma Creek's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Paloma Creek a Good Place to Live?
A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Paloma Creek residents earn a median household income of $88,850 , which is 18% above the national average of $75,149.
Per capita income is $40,523. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 5.3% of residents live below the poverty line. The area is home to 34,830 business establishments, including 2,668 restaurants.
Housing & Cost of Living
The median home value in Paloma Creek is $308,500 , 9% above the national median of $281,900.
Zillow estimates the typical home at $401,112. Median rent is $2,732/month, with 38.4% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 2006.
Education
37.6% of adults in Paloma Creek hold a bachelor's degree or higher
(12% above the national average).
98.4% have completed high school. Local schools score 6.9/10 in standardized testing.
Climate & Weather
Paloma Creek has an average annual temperature of 65°F (19°C).
Winters average 45°F in January while summers reach 85°F in July. Annual precipitation totals 42.1 inches. Air quality is rated Good with a median AQI of 40.
Data Overview
People
Population3,250
Median Age31.5 yrs
Density7,065/mi²
Male / Female44% / 56%
Foreign Born10.1%
Veterans5.0%
Economy
A+
Median Income$88,850
Per Capita$40,523
Unemployment1.3%
Poverty5.3%
County GDP$115,358M
Avg Weekly Wage$1,694
Housing
A+
Home Value$308,500
Rent$2,732
Ownership81.0%
Zillow$401,112
Housing Units1,140
Rent Burden38.4%
Health
Obesity35.4%
Diabetes9.5%
Smoking9.1%
Heart Disease4.3%
Premature Death4,576/100K
Climate
Avg Temp65°F
Rain42.1 in/yr
AQI40 (Good)
Elevation564 ft
Education
A
Bachelor's+37.6%
High School+98.4%
Graduate+7.2%
School Score6.9/10
Community
2024 VoteR 54% / D 43%
Commute32 min
Broadband99.0%
Internet Speed136 Mbps
EV Stations5
Libraries16
Did You Know?
Paloma Creek was founded in 2005.
The median home in Paloma Creek was built in 2006.
17.2% work from home.
The nearest airport is Dallas-Fort Worth International (23 miles).
The Gini coefficient (income inequality) is 0.433 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
3.3% of the population has a disability.
10.1% of residents are foreign-born.
Average internet download speed is 136 Mbps.
There are 2,668 restaurants in the area.
The county recorded 72 fatal vehicle crashes.
91 declared natural disasters on record.