Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Palmer is a small city located in the state of Texas. The city has a population of 2,540 inhabitants. According to the most recent Census, 83% of Palmer residents are White, 2% Black and 2% American Indian and Alaskan. Additionally, more than a quarter of the population of Palmer are of Hispanic or Latino origin, and 32% of the population also speak Spanish. The median age of all Palmer residents is 31, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. An important consideration when living in Palmer is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 32 minutes, far surpassing the national average of 26 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Palmer, Texas. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Palmer, AreaVibes has created a livability score using key metrics like crime, cost of living, health & safety, employment, housing and more.
Palmer, TX receives 66/100 for its livability score; this results in a ranking of #549 in Texas and #10,166 in the USA. If we probe a little deeper into each category within the livability score, we see that Palmer has higher than average grades for the following: crime (A+), cost of living (A+), employment (A-) and housing (A+). On a more negative note, Palmer does not have favorable grades for the following: amenities (F). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Palmer has an unemployment rate of 0.7% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Palmer has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Palmer. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Palmer are affordable. Median real estate prices in Palmer come in at $97,500, which is 31.7% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Palmer, the home price to income ratio is 1.5, which is 42.3% lower than the Texas average.
| Statistic | Palmer | Texas | National |
| Average one way commute | 32min | 26min | 26min |
| Workers who drive to work | 88.7% | 80.3% | 76.4% |
| Workers who carpool | 7.8% | 10.6% | 9.3% |
| Workers who take public transit | 0.7% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.6% | 1.6% | 2.8% |
| Working from home | 2.1% | 4.3% | 4.6% |
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