Cost of Living in Palmview, TX
Population 15,650 · Texas · Data vintage 2023
(100 = US avg)
At $46,274, median household incomes in Palmview land roughly 38% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 27% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.
Palmview sits roughly 8 miles west of McAllen — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 37% lower than McAllen's $174,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Palmview
The median home value in Palmview is $109,400 — 64% below the national median of $305,000. Median rent runs $689/month, 48% lower than the national median of $1,314/month. The median household income of $46,274/year is 38% lower than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Texas charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 87.3°F and lows of 67.4°F. Overall, Palmview has a cost of living index of 42 versus the US average of 100, meaning it is 58% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 73 | 77 | 83 | 88 | 93 | 97 | 99 | 100 | 94 | 89 | 80 | 74 |
| Low °F | 53 | 57 | 63 | 68 | 74 | 78 | 79 | 79 | 76 | 69 | 60 | 54 |
| Precip" | 0.77 | 0.72 | 1.38 | 1.43 | 2.03 | 3.05 | 2.03 | 1.81 | 4.61 | 2.10 | 1.17 | 1.06 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Palmview, TX?
Palmview has a cost index of 42 (100 = national average). It is 58% below the national average.
What is average rent in Palmview, TX?
The median gross rent in Palmview is $689 per month based on 2023 Census data.
What is the average home price in Palmview?
The median home value in Palmview is $109,400 according to Zillow and Census data.
What is the median income in Palmview?
The median household income in Palmview is $46,274 per year (2023 ACS 5-year estimates).
What is the sales tax in Palmview, TX?
The combined state and local sales tax rate in Palmview is 8.2%. Texas has no state income tax.
Is Palmview, TX affordable?
Yes, Palmview is generally considered affordable, with a cost of living index of 42 — about 58% below the US national average of 100.
What is the weather like in Palmview?
Palmview has average high temperatures of 87.3°F and average lows of 67.4°F. Annual precipitation is 22.2". Data from NOAA 1991–2020 Climate Normals.
Palmview at a Glance
- Population
- 15,650
- Median Income
- $46,274
- Home Value
- $109,400
- Median Rent
- $689/mo
- Unemployment
- 5.5%
- Avg High Temp
- 87.3°F
- Sales Tax
- 8.2%
Explore county-level cost of living data
Texas Rankings
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