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EconPulse

Local economy signal dashboard

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PLACEThriving

Palmer, TX

Thriving overall. GDP / Output is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score69out of 100
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95
57
44
72
86

Population

2,515

Data freshness

Unknown

GDP / Output

+8.1% YoY

95

$10.8B

Output changed +8.1% in 2024.

Vintage date unknown

State growth5.0%
U.S. growth5.3%

Jobs

Unemployment rate

57

4.6%

Unemployment is 4.6% for June 2026.

Vintage date unknown

State avg5.3%
U.S. avg5.2%

Population

-1.0% 5-year

44

2,515

Population moved -1.0% over the latest ACS window.

Vintage date unknown

State population30,188,424
U.S. population334,922,499

Housing

Rent share of income

72

19.8%

Median rent consumes 19.8% of median household income: Affordable.

Vintage date unknown

State rent$1.4K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.3K per resident

86

$1.2B

$1.2B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$311.5B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$1.2B

$6.3K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$877.9M
2. Department of Veterans Affairs$247.3M
3. Department of Transportation$46.0M

Top recipients

Dollars
1. TEXAS DEPARTMENT OF TRANSPORTATION$45.7M
2. REDACTED DUE TO PII$11.2M
3. PREMIER HOLDINGS, LLC$10.4M

Affordable

Housing Affordability

19.8%

of median income

1BR estimate$1,409
2BR estimate$1,855
Median income$104,258
Median home value$226,000

ACS context

Quick Facts

Population

2,515

Median age

31.0

Bachelor's degree+

12.0%

Poverty rate

4.5%

Labor force participation

77.1%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

June 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-31

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-0.2%

GDP CAGR

+9.8%

Federal flow

5 years

Population (5 years)
20202,540
20212,496
20222,685
20232,449
20242,515
GDP (5 years)
2020$6.7B
2021$7.7B
2022$9.3B
2023$10.0B
2024$10.8B

2-year linear forecast

Predictive Outlook

Population forecast

20242,515
20252,508 *
20262,498 *

R² = 3.0% · * projected

GDP forecast

2024$10.8B
2025$12.0B *
2026$13.0B *

R² = 97.6% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$104,258/yr
Median rent$1,718/mo
Rent share of income19.8%
Est. mortgage (30yr, 6.5%)$13,713/yr
Mortgage share of income13.2%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.6%
State avg5.3%
U.S. avg5.2%
Labor force participation77.1%
Poverty rate4.5%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$226,000
Median monthly rent$1,718
Price-to-rent ratio11.0x

Low price-to-rent ratio — buying may be more favorable than renting in this market.

composite score

Investment Climate

Investment climateStrong
Composite score69/100
Economic growth95/100
Labor market57/100
Population momentum44/100
Overall stability69/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Palmer town, Texas

City/Town

Part of

Dallas-Fort Worth-Arlington, TX

Nearby locations

Garrett, TXBristol, TXEnnis, TXFerris, TXPecan Hill, TX