HomeTexasEllis CountyPalmer
Palmer, Texas: commercial real estate data.
Palmer is a Census town of 2,515 people across 3.08 square miles of land, in Ellis County. Median household income is $104,258, 77.2 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $578,300 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palmer
What Palmer is
- Census place typetown
- Land area3.08 sq mi
- Water area0.03 sq mi
- Population per square mile of land816
- County holding the largest share of its areaEllis County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
How many people live in Palmer
- Population2,515
- Median age31.0
- Population under 18761
- Share under 1830.3 percent
- Population 65 and over230 plus or minus 70
- Share 65 and over9.1 percent plus or minus 2.8
- Households785
- Family households714
- Share of households that are families91.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
Income and work in Palmer
- Median household income$104,258 plus or minus $21,261
- Per capita income$33,375
- Civilian labor force1,409
- Employed1,308
- Unemployed101 plus or minus 52
- Unemployment rate7.2 percent plus or minus 3.6
- Adults 25 and over1,538
- Adults 25 and over with a high school diploma or higher88.4 percent
- Adults 25 and over with a bachelor degree or higher12.0 percent plus or minus 4.4
- Adults 25 and over with a graduate degree3.1 percent plus or minus 2.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
Housing in Palmer
- Housing units848
- Occupied units785
- Vacant units63 plus or minus 45
- Vacancy rate7.4 percent plus or minus 5.3
- Owner occupied606
- Renter occupied179 plus or minus 102
- Ownership rate77.2 percent
- Median owner-occupied home value$226,000
- Median gross rent, monthly$1,718
- Annual rent as a share of median income19.8 percent plus or minus 4.2
- Single family units680
- Share single family80.2 percent
- Units in buildings of two or more19 plus or minus 26
- Share in buildings of two or more2.2 percent plus or minus 3.0
- Mobile homes149 plus or minus 64
- Median year structure built1989
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
How Palmer gets to work
- Workers 16 and over who commute1,155
- Commuting under 15 minutes216 plus or minus 113
- Share commuting under 15 minutes18.7 percent plus or minus 9.4
- Commuting 30 minutes or more655 plus or minus 160
- Share commuting 30 minutes or more56.7 percent
- Drove alone81.2 percent
- Carpooled7.5 percent plus or minus 4.5
- Public transport0.0 percent
- Walked0.2 percent plus or minus 0.5
- Worked from home11.1 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
SBA loans in Palmer (7(a))
- Approvals3
- Gross approval$578,300
- Average approval$192,767
- Median approval$150,000
- Largest approval$316,400
- Jobs supported11
- Jobs per approval3.7
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders3
- Distinct industries by NAICS3
Counted by borrower city: approvals to borrowers whose address is in Palmer, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palmer
Flood risk in Palmer
- NFIP communityCity of Palmer
- NFIP community number480209
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/19/23
The City of Palmer participates in the National Flood Insurance Program as community 480209 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Ellis County, not Palmer
Ellis County context, not Palmer figures
- Establishments in Ellis County3,808
- Covered employment, Ellis County62,721
- Average annual pay, Ellis County$57,911
- Housing units permitted, Ellis County2,972
Every figure in this section is published for Ellis County as a whole and is not a measurement of Palmer.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Palmer questions, answered from the record.
How many people live in Palmer, Texas?
2,515, in 785 households. Palmer town covers 3.08 square miles of land, which is 816 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palmer in?
Ellis County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Palmer?
$104,258. The median owner-occupied home is valued at $226,000. Median gross rent is $1,718 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Palmer businesses?
3 7(a) approvals totaling $578,300 since FY2020, across 3 lenders, median approval $150,000. These count approvals to borrowers whose address is in Palmer, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palmer borrowers get paid back?
No rate is published for Palmer. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Palmer in the National Flood Insurance Program?
Yes. Palmer appears in the FEMA Community Status Book as Palmer, city of, community 480209, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Palmer figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Ellis County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palmer.
Is zoning published for Palmer?
No. Nothing on this page presents parcel level zoning.
Nearby