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Paloma Creek, TX

Full City Profile · Texas · Collin County County

3.6 /5.0
B+ Good
3,250 Population 7,065/sq mi density
$88,850 Median Income $40,523 per capita
$308,500 Home Value $401,112 Zillow
$2,732 Median Rent 38.4% income on rent
65°F Avg Temperature 323 sunny days/yr
118 Violent Crime/100K 835 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,850 median income, 1.0% unemployment
A+
Affordability
4.7 / 5.0
$308,500 home value, $2,732/mo rent
F
Safety
1.0 / 5.0
118 violent crimes/100K
A
Education
4.0 / 5.0
37.6% bachelor's degree or higher

Paloma Creek, TX

At a Glance

Median Income
$88,850
18% above
$40,523 per capita
Home Value
$308,500
9% above
Zillow: $401,112
Median Rent
$2,732/mo
135% above
38.4% of income on rent
Violent Crime
118/100K
69% below
835/100K property
Bachelor's Degree+
37.6%
12% above
98.4% high school+
Unemployment
1.0%
72% below
5.3% poverty rate
Obesity Rate
35.4%
10% above
9.1% smoking rate
Avg Temperature
65°F
323 sunny days/yr

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)

Income
118%
Home Value
109%
Rent
235%
Poverty
43%
Bachelor's
112%
Unemployment
28%
Crime
31%
Thin vertical line = U.S. national average (100%)

Is Paloma Creek a Good Place to Live?

B+
3.6 / 5.0 — Good
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 1.0% (72% 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.

Safety & Crime

Paloma Creek reports 118 violent crimes per 100,000 residents , which is 69% below the national average of 380/100K. Property crime is 835/100K.

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 (18°C). Winters average 45°F in January while summers reach 83°F in July. The area gets 323 sunny days per year. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population3,250
Median Age31.5 yrs
Density7,065/mi²
Male / Female44% / 56%
Foreign Born13.6%
Veterans5.0%

Economy

A+
Median Income$88,850
Per Capita$40,523
Unemployment1.0%
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%

Crime

F
Violent118/100K
Property835/100K

Health

Obesity35.4%
Diabetes9.5%
Smoking9.1%
Heart Disease4.3%
Premature Death4,576/100K

Climate

Avg Temp65°F
Sunny Days323/yr
AQI42 (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.
4.5% of the population has a disability.
13.6% 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.