What is the median household income in Paloma Creek South, TX?
The median household income in Paloma Creek South, TX is $121,747 (±$16,833) a year (2020–2024 American Community Survey).
Paying the median gross rent of $2,664 a month would take about $106,600 a year at the common guideline of spending no more than 30% of income on rent.
In Paloma Creek South, the median household income went from $113,117 in 2015–2019 to $121,747 in 2020–2024 (+7.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $121,747 (±$16,833)
- Median renter income
- $120,393 (±$7,879)
- Income to afford median rent
- about $106,600
Income in Paloma Creek South against Denton County, its state and the nation
| Paloma Creek South | Denton County | Texas | United States | |
|---|---|---|---|---|
| Median household income | $121,747 (±$16,833) | $111,498 (±$1,485) | $78,476 (±$263) | $80,734 |
| Median renter household income | $120,393 (±$7,879) | $67,585 (±$1,879) | $53,222 (±$285) | $52,966 |
| Median owner household income | $133,470 (±$17,046) | $144,599 (±$2,056) | $100,555 (±$369) | $100,009 |
| Median gross rent | $2,664 (±$229) | $1,728 (±$18) | $1,403 (±$4) | $1,413 |
In Paloma Creek South, median household income is not measurably different from Denton County ($111,498).
It is also higher than in Texas ($78,476).
It is higher than the national figure ($80,734).
In Denton County, Paloma Creek South ranks 19 of 36 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 137 of 1,374.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Paloma Creek South
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $2,664 a month ($31,968 a year) needs an income of about $106,600 a year.
The median renting household in Paloma Creek South earns $120,393 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $113,117 (±$21,056) | $121,747 (±$16,833) | +7.6% | No measurable change after inflation |
| Median gross rent | $1,833 (±$536) | $2,664 (±$229) | +45.3% | No measurable change after inflation |
| Median home value | $246,100 (±$13,511) | $364,900 (±$27,188) | +48.3% | Up 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.
Median household income in places near Paloma Creek South
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Paloma Creek South | — | $121,747 (±$16,833) | — |
| Paloma Creek | 1.1 mi | $91,534 (±$28,274) | Not measurably different |
| Little Elm | 1.4 mi | $119,219 (±$8,047) | Not measurably different |
| Savannah | 1.8 mi | $142,868 (±$46,883) | Not measurably different |
| Providence Village | 2.4 mi | $110,430 (±$13,011) | Not measurably different |
| Cross Roads | 3.7 mi | $124,145 (±$15,611) | Not measurably different |
| Oak Point | 4.2 mi | $126,290 (±$38,684) | Not measurably different |
| Hackberry | 4.2 mi | $109,769 (±$20,698) | Not measurably different |
| Lakewood Village | 5.7 mi | $152,000 (±$30,999) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Denton County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 13 | Hickory Creek | $148,852 (±$19,230) |
| 14 | Savannah | $142,868 (±$46,883) |
| 15 | Oak Point | $126,290 (±$38,684) |
| 16 | Krum | $124,405 (±$16,733) |
| 17 | Cross Roads | $124,145 (±$15,611) |
| 18 | Northlake | $123,469 (±$17,018) |
| 19 | Paloma Creek South | $121,747 (±$16,833) |
| 20 | Corinth | $120,580 (±$10,036) |
| 21 | Little Elm | $119,219 (±$8,047) |
| 22 | Krugerville | $117,917 (±$41,911) |
| 23 | The Colony | $114,511 (±$6,433) |
| 24 | Justin | $114,157 (±$14,906) |
| 25 | Providence Village | $110,430 (±$13,011) |
Showing 13 of 36 places in Denton County, ranked from highest to lowest.
Paloma Creek South is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Paloma Creek South
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Paloma Creek South beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Paloma Creek South, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Paloma Creek South, and send estimates and invoices from your phone.
Questions about Paloma Creek South
What is the median household income in Paloma Creek South?
The median household income in Paloma Creek South is $121,747 (±$16,833) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Paloma Creek South?
About $106,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $2,664 a month.
Have incomes in Paloma Creek South kept up with inflation?
In Paloma Creek South, the median household income went from $113,117 in 2015–2019 to $121,747 in 2020–2024 (+7.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Paloma Creek South?
The median renting household in Paloma Creek South, TX earns $120,393 (±$7,879) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Paloma Creek South CDP, Texas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Paloma Creek South CDP, Texas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paloma Creek South CDP, Texas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Paloma Creek South CDP, Texas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Paloma Creek South CDP, Texas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Paloma Creek South CDP, 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 Paloma Creek South CDP, Texas (place:54872, in state:48).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Paloma Creek South at a glance
- Median rent in Paloma Creek South
- Renters and owners in Paloma Creek South
- Home values in Paloma Creek South
- Homeowner costs in Paloma Creek South
- Property taxes in Paloma Creek South
- Types of homes in Paloma Creek South
- Heating fuel in Paloma Creek South
- Commute and cars in Paloma Creek South
- Population growth in Paloma Creek South
- How long people stay in Paloma Creek South
- Texas landlord and tenant rules
- Housing across Denton County
- Texas places ranked by median household income
- Housing data for every place in Texas