The median household income in Palmer, TX in 2022 was $78,352, which was 7.7% greater than the median annual income of $72,284 across the entire state of Texas. Compared to the median income of $40,729 in 2000 this represents an increase of 48.0%. The per capita income in 2022 was $25,700, which means an increase of 39.8% compared to 2000 when it was $15,483.
Whole page based on the data from 2000 / 2022 when the population of Palmer, Texas was 1,774 / 2,914
Income statistics for all residents
Median household income in Palmer, TX in 2022:
Palmer:
$78,352
State:
$72,284
Change in median household income between 2000 and 2022:
Palmer, Texas:
+92.4%
State:
+81.0%
Number of households with income < $10k:
Palmer:
0.0% (0)
Texas:
5.5% (611,011)
Number of households with income $10k - 20k:
Palmer:
6.6% (59)
Texas:
6.7% (743,157)
Number of households with income $20k - 30k:
Palmer:
2.8% (25)
Texas:
7.2% (803,381)
Number of households with income $30k - 40k:
Palmer:
9.5% (85)
State:
7.8% (866,080)
Number of households with income $40k - 50k:
Palmer:
5.7% (51)
Texas:
7.3% (810,440)
Number of households with income $50k - 60k:
Palmer:
9.1% (82)
Texas:
7.2% (799,783)
Number of households with income $60k - 75k:
Palmer:
13.6% (122)
State:
9.9% (1,095,384)
Number of households with income $75k - 100k:
Palmer:
19.2% (173)
Texas:
12.8% (1,419,057)
Number of households with income $100k - 125k:
Palmer:
13.7% (123)
Texas:
9.5% (1,054,577)
Number of households with income $125k - 150k:
Palmer:
6.0% (54)
State:
6.7% (741,518)
Number of households with income $150k - 200k:
Palmer:
10.1% (91)
State:
8.7% (961,776)
Number of households with income > $200k:
Palmer:
3.8% (34)
State:
10.7% (1,181,544)
Aggregate household income in Palmer in 2022: $74,985,868
Median family income in Palmer in 2022:
Palmer:
$81,114
State:
$86,267
Number of families with income $10k - 20k:
Palmer:
4.1% (32)
State:
4.3% (324,514)
Number of families with income $20k - 30k:
Palmer:
2.0% (15)
Texas:
5.8% (430,949)
Number of families with income $30k - 40k:
Palmer:
10.7% (83)
Texas:
6.6% (493,535)
Number of families with income $40k - 50k:
Palmer:
2.4% (19)
State:
6.7% (499,663)
Number of families with income $50k - 60k:
Palmer:
10.2% (79)
State:
6.6% (492,203)
Number of families with income $60k - 75k:
Palmer:
16.7% (129)
State:
9.5% (710,229)
Number of families with income $75k - 100k:
Palmer:
18.5% (143)
State:
13.6% (1,015,480)
Number of families with income $100k - 125k:
Palmer:
15.0% (116)
State:
10.7% (797,961)
Number of families with income $125k - 150k:
Palmer:
8.8% (68)
State:
8.1% (602,985)
Number of families with income $150k - 200k:
Palmer:
7.3% (56)
State:
10.7% (804,459)
Number of families with income > $200k:
Palmer:
4.3% (33)
State:
13.5% (1,013,514)
Median non-family income in Palmer in 2022:
Palmer:
$48,953
State:
$45,999
Change in median non-family income between 2000 and 2022:
Palmer, Texas:
+148.6%
State:
+79.5%
Median per capita income in Palmer in 2022:
Palmer:
$25,700
Texas:
$38,123
Change in median per capita income between 2000 and 2022:
Palmer, Texas:
+66.0%
State:
+94.3%
Income statistics for White residents
Median household income in Palmer, TX in 2022:
Palmer:
$82,837
State:
$82,032
Change in median household income between 2000 and 2022:
Palmer, Texas:
+98.4%
Texas:
+91.0%
Number of households with income < $10k:
Palmer:
0.0% (0)
State:
4.7% (273,716)
Number of households with income $10k - 20k:
Palmer:
5.0% (33)
State:
5.5% (322,702)
Number of households with income $20k - 30k:
Palmer:
4.0% (26)
State:
6.2% (363,947)
Number of households with income $30k - 40k:
Palmer:
11.9% (78)
Texas:
6.8% (399,275)
Number of households with income $40k - 50k:
Palmer:
1.4% (9)
State:
6.5% (383,417)
Number of households with income $50k - 60k:
Palmer:
8.9% (58)
State:
6.6% (388,535)
Number of households with income $60k - 75k:
Palmer:
17.3% (113)
Texas:
9.7% (566,295)
Number of households with income $75k - 100k:
Palmer:
15.4% (101)
State:
13.0% (760,276)
Number of households with income $100k - 125k:
Palmer:
15.3% (100)
State:
10.2% (597,596)
Number of households with income $125k - 150k:
Palmer:
6.9% (45)
Texas:
7.4% (436,830)
Number of households with income $150k - 200k:
Palmer:
9.5% (62)
Texas:
9.9% (583,067)
Number of households with income > $200k:
Palmer:
4.6% (30)
State:
13.5% (792,647)
Aggregate household income in Palmer in 2022: $55,327,585
Median family income in Palmer in 2022:
Palmer:
$83,784
Texas:
$101,788
Number of families with income $10k - 20k:
Palmer:
2.0% (11)
Texas:
2.9% (113,421)
Number of families with income $20k - 30k:
Palmer:
2.7% (16)
Texas:
4.1% (157,688)
Number of families with income $30k - 40k:
Palmer:
13.1% (75)
Texas:
5.2% (198,847)
Number of families with income $40k - 50k:
Palmer:
1.6% (9)
State:
5.6% (216,490)
Number of families with income $50k - 60k:
Palmer:
9.3% (53)
State:
5.7% (220,689)
Number of families with income $60k - 75k:
Palmer:
20.5% (117)
State:
9.0% (346,106)
Number of families with income $75k - 100k:
Palmer:
11.8% (67)
State:
13.7% (527,363)
Number of families with income $100k - 125k:
Palmer:
17.0% (97)
Texas:
11.6% (448,411)
Number of families with income $125k - 150k:
Palmer:
9.2% (52)
Texas:
9.2% (355,798)
Number of families with income $150k - 200k:
Palmer:
7.6% (43)
State:
12.5% (480,185)
Number of families with income > $200k:
Palmer:
5.2% (30)
Texas:
17.6% (677,490)
Median non-family income in Palmer in 2022:
Palmer:
$46,942
Texas:
$50,587
Change in median non-family income between 2000 and 2022:
Palmer, Texas:
+112.6%
Texas:
+87.7%
Median per capita income in Palmer in 2022:
Palmer:
$26,870
State:
$47,740
Change in median per capita income between 2000 and 2022:
Palmer, Texas:
+64.6%
State:
+114.3%
Income statistics for Black or African American residents
Number of households with income < $10k:
Palmer:
0.0% (0)
Texas:
8.9% (126,378)
Number of households with income $10k - 20k:
Palmer:
0.0% (0)
State:
9.9% (140,369)
Number of households with income $20k - 30k:
Palmer:
0.0% (0)
State:
8.5% (120,639)
Number of households with income $30k - 40k:
Palmer:
0.0% (0)
State:
9.7% (137,517)
Number of households with income $40k - 50k:
Palmer:
68.4% (26)
State:
8.0% (112,973)
Number of households with income $50k - 60k:
Palmer:
0.0% (0)
Texas:
8.3% (117,156)
Number of households with income $60k - 75k:
Palmer:
0.0% (0)
Texas:
10.4% (147,462)
Number of households with income $75k - 100k:
Palmer:
0.0% (0)
State:
11.5% (162,718)
Number of households with income $100k - 125k:
Palmer:
0.0% (0)
State:
8.2% (115,829)
Number of households with income $125k - 150k:
Palmer:
0.0% (0)
State:
4.9% (69,556)
Number of households with income $150k - 200k:
Palmer:
31.6% (12)
State:
6.4% (90,701)
Number of households with income > $200k:
Palmer:
0.0% (0)
State:
5.5% (77,988)
Aggregate household income in Palmer in 2022: $3,615,812
Median per capita income in Palmer in 2022:
Palmer:
$36,015
State:
$30,490
Income statistics for Hispanic or Latino residents
Median household income in Palmer, TX in 2022:
Palmer:
$76,577
Texas:
$60,504
Change in median household income between 2000 and 2022:
Palmer, Texas:
+122.2%
State:
+102.5%
Number of households with income < $10k:
Palmer:
0.0% (0)
State:
5.8% (213,953)
Number of households with income $10k - 20k:
Palmer:
12.5% (37)
Texas:
8.0% (297,456)
Number of households with income $20k - 30k:
Palmer:
0.0% (0)
State:
9.2% (340,166)
Number of households with income $30k - 40k:
Palmer:
6.8% (20)
State:
9.5% (354,336)
Number of households with income $40k - 50k:
Palmer:
0.0% (0)
Texas:
8.8% (327,013)
Number of households with income $50k - 60k:
Palmer:
10.1% (30)
Texas:
8.3% (308,818)
Number of households with income $60k - 75k:
Palmer:
18.9% (56)
State:
10.9% (405,109)
Number of households with income $75k - 100k:
Palmer:
12.5% (37)
Texas:
13.8% (511,639)
Number of households with income $100k - 125k:
Palmer:
33.8% (100)
Texas:
8.6% (319,728)
Number of households with income $125k - 150k:
Palmer:
0.0% (0)
State:
5.7% (210,932)
Number of households with income $150k - 200k:
Palmer:
5.4% (16)
State:
6.4% (236,055)
Number of households with income > $200k:
Palmer:
0.0% (0)
Texas:
5.1% (189,259)
Aggregate household income in Palmer in 2022: $22,741,905
Median family income in Palmer in 2022:
Palmer:
$71,480
Texas:
$65,080
Number of families with income $10k - 20k:
Palmer:
13.4% (39)
State:
6.3% (174,531)
Number of families with income $30k - 40k:
Palmer:
7.4% (22)
Texas:
9.1% (251,999)
Number of families with income $50k - 60k:
Palmer:
9.4% (28)
State:
8.0% (223,566)
Number of families with income $60k - 75k:
Palmer:
20.9% (61)
State:
10.9% (302,688)
Number of families with income $75k - 100k:
Palmer:
10.0% (29)
State:
14.3% (398,554)
Number of families with income $100k - 125k:
Palmer:
38.0% (111)
Texas:
9.5% (264,007)
Number of families with income $150k - 200k:
Palmer:
1.0% (3)
State:
7.3% (202,259)
Median per capita income in Palmer in 2022:
Palmer:
$22,405
Texas:
$24,862
Change in median per capita income between 2000 and 2022:
Palmer, Texas:
+120.0%
State:
+130.8%
Income statistics for American Indian and Alaska Native residents
Median household income in Palmer, TX in 2022:
Palmer:
$78,480
State:
$65,765
Change in median household income between 2000 and 2022:
Palmer, Texas:
+4.0%
Texas:
+88.3%
Number of households with income < $10k:
Palmer:
0.0% (0)
Texas:
4.1% (3,398)
Number of households with income $10k - 20k:
Palmer:
9.1% (3)
State:
8.3% (6,949)
Number of households with income $20k - 30k:
Palmer:
0.0% (0)
Texas:
9.3% (7,742)
Number of households with income $30k - 40k:
Palmer:
0.0% (0)
State:
9.1% (7,627)
Number of households with income $40k - 50k:
Palmer:
0.0% (0)
State:
7.1% (5,922)
Number of households with income $50k - 60k:
Palmer:
0.0% (0)
State:
8.1% (6,761)
Number of households with income $60k - 75k:
Palmer:
6.1% (2)
State:
12.7% (10,588)
Number of households with income $75k - 100k:
Palmer:
84.8% (28)
State:
13.0% (10,903)
Number of households with income $100k - 125k:
Palmer:
0.0% (0)
State:
9.9% (8,256)
Number of households with income $125k - 150k:
Palmer:
0.0% (0)
Texas:
5.2% (4,355)
Number of households with income $150k - 200k:
Palmer:
0.0% (0)
State:
6.7% (5,623)
Number of households with income > $200k:
Palmer:
0.0% (0)
State:
6.6% (5,522)
Aggregate household income in Palmer in 2022: $4,046,329
Median family income in Palmer in 2022:
Palmer:
$78,084
State:
$72,369
Number of families with income $10k - 20k:
Palmer:
5.9% (2)
Texas:
8.0% (4,891)
Number of families with income $60k - 75k:
Palmer:
4.1% (1)
State:
12.1% (7,429)
Number of families with income $75k - 100k:
Palmer:
90.1% (31)
State:
14.4% (8,852)
Median per capita income in Palmer in 2022:
Palmer:
$20,726
Texas:
$28,166
Change in median per capita income between 2000 and 2022:
Palmer, Texas:
+43.5%
State:
+77.2%
Income statistics for Multirace residents
Number of households with income < $10k:
Palmer:
0.0% (0)
State:
5.5% (122,324)
Number of households with income $10k - 20k:
Palmer:
3.0% (2)
State:
8.2% (182,232)
Number of households with income $20k - 30k:
Palmer:
0.0% (0)
State:
8.5% (189,456)
Number of households with income $30k - 40k:
Palmer:
10.4% (7)
Texas:
8.9% (197,499)
Number of households with income $40k - 50k:
Palmer:
32.8% (22)
State:
8.7% (191,735)
Number of households with income $50k - 60k:
Palmer:
0.0% (0)
State:
8.0% (177,535)
Number of households with income $60k - 75k:
Palmer:
0.0% (0)
State:
10.5% (232,479)
Number of households with income $75k - 100k:
Palmer:
14.9% (10)
State:
13.1% (290,448)
Number of households with income $100k - 125k:
Palmer:
23.9% (16)
State:
8.6% (191,595)
Number of households with income $125k - 150k:
Palmer:
4.5% (3)
State:
6.0% (133,361)
Number of households with income $150k - 200k:
Palmer:
10.4% (7)
State:
7.2% (159,195)
Number of households with income > $200k:
Palmer:
0.0% (0)
Texas:
6.7% (148,064)
Aggregate household income in Palmer in 2022: $5,211,179
Median per capita income in Palmer in 2022:
Palmer:
$17,455
State:
$26,785
Change in median per capita income between 2000 and 2022:
Palmer, Texas:
+61.0%
State:
+110.9%
Income statistics for other residents
Median household income in Palmer, TX in 2022:
Palmer:
$94,203
State:
$57,114
Number of households with income < $10k:
Palmer:
0.0% (0)
State:
5.9% (54,162)
Number of households with income $10k - 20k:
Palmer:
0.0% (0)
Texas:
6.8% (62,891)
Number of households with income $20k - 30k:
Palmer:
0.0% (0)
State:
10.6% (97,294)
Number of households with income $30k - 40k:
Palmer:
12.3% (9)
State:
10.8% (99,670)
Number of households with income $40k - 50k:
Palmer:
0.0% (0)
State:
9.3% (85,548)
Number of households with income $50k - 60k:
Palmer:
17.8% (13)
Texas:
9.0% (82,757)
Number of households with income $60k - 75k:
Palmer:
11.0% (8)
Texas:
10.9% (100,326)
Number of households with income $75k - 100k:
Palmer:
43.8% (32)
Texas:
14.0% (128,767)
Number of households with income $100k - 125k:
Palmer:
0.0% (0)
State:
8.2% (75,218)
Number of households with income $125k - 150k:
Palmer:
0.0% (0)
Texas:
4.8% (44,223)
Number of households with income $150k - 200k:
Palmer:
15.1% (11)
State:
5.6% (51,376)
Number of households with income > $200k:
Palmer:
0.0% (0)
State:
4.0% (36,393)
Aggregate household income in Palmer in 2022: $6,618,342
Median family income in Palmer in 2022:
Palmer:
$88,422
State:
$60,064
Number of families with income $30k - 40k:
Palmer:
12.3% (7)
State:
9.7% (67,685)
Number of families with income $50k - 60k:
Palmer:
21.6% (13)
State:
8.5% (59,321)
Number of families with income $60k - 75k:
Palmer:
13.3% (8)
State:
11.2% (77,588)
Number of families with income $75k - 100k:
Palmer:
52.8% (32)
State:
14.5% (101,032)
Median per capita income in Palmer in 2022:
Palmer:
$37,515
State:
$23,899
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