Palm Valley, TX Profile: Facts & Data

The City of Palm Valley had a population of 1,378 as of July 1, 2024. Palm Valley ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Texas. See peer rankings below.

The primary coordinate point for Palm Valley is located at latitude 26.2017 and longitude -97.7542 in Cameron County. The formal boundaries for the City of Palm Valley encompass a land area of 0.6 sq. miles and a water area of 0.01 sq. miles. Cameron County is in the Central time zone (GMT -6).

The City of Palm Valley has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Texas is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Palm Valley is located within Harlingen-San Benito Division of Cameron County.

Palm Valley, TX Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,378 (100%)
Population in Households	1,378 (100.0%)
Population in Families	1,180 (85.6%)
Population in Group Quarters¹	0
Population Density	2,306
Diversity Index²	77


INCOME
Median Household Income	$82,821
Average Household Income	$115,040
% of Income for Mortgage⁴	26%
Per Capita Income	$53,930
Wealth Index⁵	140
Socioeconomic Status Index⁶	Moderate (57.2)

HOUSING
Total HU (Housing Units)	721 (100%)
Owner Occupied HU	532 (73.8%)
Renter Occupied HU	114 (15.8%)
Vacant Housing Units	75 (10.4%)
Median Home Value	$344,886
Average Home Value	$350,141
Housing Affordability Index³	86

HOUSEHOLDS
Total Households	646
Average Household Size	2.13
Family Households	448
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Palm Valley, TX - Peer Comparisons by Rank and Percentile

The table below compares Palm Valley to the other 1,863 incorporated cities, towns and CDPs in Texas by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.59%	-0.74%
Households	-0.11%	-0.09%
Families		-0.82%
Median Household Income		2.10%
Per Capita Income		3.48%
Owner Occupied HU		0.34%

Variable Description	Rank	Percentile
Total Population	# 863	54th
Population Density	# 248	87th
Median Household Income	# 476	75th
Housing Affordability Index	# 552	30th
Per Capita Income	# 181	90th
Diversity Index	# 403	79th

Palm Valley, TX Profile: Facts & Data

Palm Valley, Texas - Basic Facts

Palm Valley, TX Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Palm Valley, TX - Peer Comparisons by Rank and Percentile

Palm Valley, TX - Most Popular Things to Do

Use HTL Address Research for a Texas Address and get...

Quick & Easy Ways to...

Texas Census Data Comparison Tool

Cameron County