What percentage of people rent in Palm Valley, TX?
19.5% (±8.3 points) of the occupied homes in Palm Valley, TX are rented (2020–2024 American Community Survey).
That is 152 renting households against 629 that own their home.
In Palm Valley, the share of households that rent went from 21.0% in 2015–2019 to 19.5% in 2020–2024 (−1.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 19.5% (±8.3 points)
- Renting households
- 152 (±71)
- Median renter income
- $76,875 (±$24,055)
Who rents and who owns in Palm Valley
| Palm Valley | Cameron County | Texas | United States | |
|---|---|---|---|---|
| Renter-occupied share | 19.5% (±8.3 points) | 34.8% (±1.0 points) | 37.4% (±0.2 points) | 34.8% |
| Renting households | 152 (±71) | 48,155 (±1,526) | 4,113,561 (±20,050) | 45,017,354 |
| Owning households | 629 (±121) | 90,278 (±1,475) | 6,879,255 (±32,101) | 84,210,142 |
| Average renter household size | 3.1 (±0.8) | 2.9 (±0.1) | 2.4 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.4) | 3.1 (±0.0) | 2.9 (±0.0) | 2.6 |
| Median renter household income | $76,875 (±$24,055) | $34,595 (±$1,664) | $53,222 (±$285) | $52,966 |
| Median owner household income | $101,576 (±$11,623) | $65,656 (±$2,134) | $100,555 (±$369) | $100,009 |
In Palm Valley, the renter share is lower than in Cameron County (34.8%).
It is also lower than in Texas (37.4%).
It is lower than the national figure (34.8%).
In Cameron County, Palm Valley ranks 15 of 24 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 938 of 1,421.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Palm Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 21.0% (±6.6 points) | 19.5% (±8.3 points) | −1.5 percentage points | Not a measurable change |
| Median gross rent | $991 (±$79) | $1,340 (±$346) | +35.2% | No measurable change after inflation |
| Median household income | $74,087 (±$10,181) | $99,438 (±$7,815) | +34.2% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Palm Valley
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Palm Valley | — | 19.5% (±8.3 points) | — |
| Primera | 1.3 mi | 24.5% (±10.2 points) | Not measurably different |
| Combes | 3.4 mi | 11.3% (±5.4 points) | Not measurably different |
| Harlingen | 3.6 mi | 43.9% (±2.5 points) | Higher |
| La Feria | 5.5 mi | 29.2% (±7.4 points) | Not measurably different |
| Santa Rosa | 5.7 mi | 49.2% (±13.7 points) | Higher |
| Heidelberg | 8.3 mi | 11.4% (±11.1 points) | Not measurably different |
| San Benito | 8.6 mi | 34.0% (±5.1 points) | Higher |
| Sebastian | 10 mi | 39.1% (±18.3 points) | Not measurably different |
Nearby places with a measurably higher figure: Harlingen, TX (43.9%), Santa Rosa, TX (49.2%), San Benito, TX (34.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cameron County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 9 | San Benito | 34.0% (±5.1 points) |
| 10 | Indian Lake | 32.2% (±12.2 points) |
| 11 | South Padre Island | 30.2% (±14.9 points) |
| 12 | La Feria | 29.2% (±7.4 points) |
| 13 | Palmer (community) | 27.5% (±26.9 points) |
| 14 | Primera | 24.5% (±10.2 points) |
| 15 | Palm Valley | 19.5% (±8.3 points) |
| 16 | Laureles | 18.6% (±13.5 points) |
| 17 | La Paloma | 16.0% (±12.7 points) |
| 18 (tie) | Laguna Vista | 15.6% (±8.4 points) |
| 18 (tie) | Los Indios | 15.6% (±9.9 points) |
| 20 | Combes | 11.3% (±5.4 points) |
| 21 | Encantada-Ranchito-El Calaboz | 8.7% (±10.6 points) |
Showing 13 of 24 places in Cameron County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Palm Valley
How many renters are there in Palm Valley?
Palm Valley has an estimated 152 (±71) renting households, 19.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Palm Valley?
In Palm Valley, the share of households that rent went from 21.0% in 2015–2019 to 19.5% in 2020–2024 (−1.5 percentage points), not a measurable change.
How big are renting households in Palm Valley?
A renting household in Palm Valley has 3.1 people on average, against 2.7 in an owned home.
How much do renters earn in Palm Valley?
The median renting household in Palm Valley, TX has an income of $76,875 (±$24,055) a year, against $101,576 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palm Valley city, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Palm Valley city, Texas
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Palm Valley city, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Palm Valley city, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Palm Valley city, Texas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palm Valley city, Texas (place:54798, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Palm Valley at a glance
- Median rent in Palm Valley
- Income and affordability in Palm Valley
- Home values in Palm Valley
- Homeowner costs in Palm Valley
- Property taxes in Palm Valley
- Types of homes in Palm Valley
- Bedrooms in Palm Valley
- Age of homes in Palm Valley
- Heating fuel in Palm Valley
- Commute and cars in Palm Valley
- Crime reported to police in Palm Valley
- Population growth in Palm Valley
- How long people stay in Palm Valley
- Texas landlord and tenant rules
- Housing across Cameron County
- Texas places ranked by share of renters
- Housing data for every place in Texas