Palmer, TX
2,515Residents
$104,258Median household income
$1,718/moMedian gross rent
$226,000Median home value
31.0Median age
12%Adults with a bachelor’s degree or higher
77%Homes lived in by their owners
2.2×Home value to household income
Median rent takes about 20% of the median household income in Palmer.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $69,000 a year. In Texas that leaves roughly $4,781 a month after tax. See the full paycheck breakdown for $70,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.