Download
Share
Contents
Save
The total population of Palm Valley is estimated to be 1,876 with 823 males (43.87%) and 1,053 females (56.13%). There are 230 more females than males in Palm Valley.
The median household income in Palm Valley was $72,962 in 2021, which marked an a decrease of 10,911(13.01%) from $83,873 in 2020. This income is 97.80% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Palm Valley sees its highest median household income among householders in the age group of 25 to 44 years old, at $91,665. Overall, the median household income for the city of Palm Valley stands at $72,962.
In Palm Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $67,967 for males and $32,427 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $98,151 for males and $60,233 for females.
In Palm Valley, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $90,953, while White households have a median household income of $71,205.
In 2022, the population of Palm Valley was 1,376, a 1.08% decrease year-by-year from 2021. Previously, in 2021, Palm Valley's population was 1,391, a decline of 1.07% compared to a population of 1,406 in 2020.
The median age in Palm Valley, TX is 50.3, as per 2021 ACS 5-Year Estimates. Of the total population, 19.40% were under the age of 15, 11.62% aged 15 to 29, 34.61% aged 30 to 64, 27.55% aged 65 to 84, and 6.81% were 85 years of age and older.
Racial distribution of Palm Valley population: 80.47% are White, 1.95% are American Indian and Alaska Native, 0.91% are Asian, 1.52% are some other race and 15.15% are multiracial.