Palo Pinto County, Texas: commercial real estate data.
Palo Pinto County, Texas has a population of 29,295 across 952 square miles, up 6.4 percent since the 2020 census base. County output reached $1.29 bn in 2024, 644 establishments operate here, and the SBA record carries 21 7(a) approvals worth $28.3 m.
124 sourced county values · tier FULL · 12 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Palo Pinto County
How many people live in Palo Pinto County
- Population29,295
- Households11,234
- Average household size2.61
- Median household income$67,674
- Median age41.6
- Median gross rent$1,093 per month
- Median owner-occupied home value$198,000
- Home value to household income2.9 times
- Annual rent as a share of median income19.4 percent
- Adults 25 and over with a bachelor degree or higher17.8 percent
- Adults 25 and over with a graduate degree5.5 percent
- Adults 25 and over20,182
- Population under 186,809
- Share under 1823.2 percent
- Population 65 and over6,008
- Share 65 and over20.5 percent
- Working age population, 18 to 6416,478
- Civilian labor force12,969
- Unemployment rate6.1 percent
- Labor force participation, adults 18 and over57.7 percent
- Rank by population among Texas counties96th of 254
- Rank by population among US county-equivalents1495th
Palo Pinto County is the 96th largest of 254 Texas counties by population. A median home costs 2.9 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.2 percent against 20.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Palo Pinto County
Is Palo Pinto County's population growing?
- Population change since the 2020 census base6.42 percent
- Census 2020 base population28,408
- Births, 2024350
- Deaths, 2024398
- Natural change, 2024-48
- Net domestic migration, 2024472
- Net international migration, 202445
- Total net migration, 2024517
- Cumulative net domestic migration, 2021 to 20241,964
- Rank by growth among US county-equivalents359th
The county has grown 6.42 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Palo Pinto County
Where are people moving to Palo Pinto County from?
- Tax returns filed by households arriving1,100
- People arriving, from those returns2,145
- Adjusted gross income arriving$90.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$82,122
- Largest single originPalo Pinto County Non-migrants (9,953 households)
- Largest single destination (9,953 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Palo Pinto County Non-migrants | 9,953 | 20,903 | $707.9 m |
| Parker County | 281 | 596 | $16.7 m |
| Other flows - Same State | 280 | 515 | $23.0 m |
| Tarrant County | 182 | 338 | $18.3 m |
| Other flows - Different State | 180 | 354 | $18.8 m |
| Other flows - West | 91 | 199 | $13.6 m |
| Other flows - South | 59 | 115 | $3.2 m |
| Hood County | 35 | 66 | $1.9 m |
The largest single source of arrivals is Palo Pinto County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Palo Pinto County
What is the Palo Pinto County economy?
- County GDP, 2024$1.29 bn
- County GDP, 2023$1.26 bn
- GDP change, 2023 to 20242.0 percent
- GDP change over five years23.1 percent
- Rank by GDP among Texas counties137th
- Rank by GDP among US county-equivalents1641st
- GDP per resident$43,935
Output grew 2.0 percent in the latest year and 23.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Palo Pinto County
Largest employers in Palo Pinto County
- Covered employment, annual average8,331
- Establishments reporting731
- Average annual pay$49,166
- Average weekly wage$945
- Sector 72, employment1,452
- Sector 72, average annual pay$22,439
- Sector 44-45, employment1,177
- Sector 44-45, average annual pay$32,722
- Sector 31-33, employment1,086
- Sector 31-33, average annual pay$74,446
- Sector 23, employment400
- Sector 23, average annual pay$50,785
- Sector 56, employment244
- Sector 42, employment223
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 72 | 1,452 | 78 | $22,439 |
| Sector 44-45 | 1,177 | 100 | $32,722 |
| Sector 31-33 | 1,086 | 38 | $74,446 |
| Sector 23 | 400 | 71 | $50,785 |
| Sector 56 | 244 | 26 | $31,860 |
| Sector 42 | 223 | 31 | $63,901 |
| Sector 53 | 222 | 37 | $67,451 |
| Sector 81 | 207 | 38 | $41,026 |
The largest sector is the biggest private employer group at 1,452 jobs, 17.4 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Palo Pinto County
How many businesses are in Palo Pinto County?
- Establishments, all industries644
- Employment at those establishments6,372
- Annual payroll$274.1 m
- Establishments per 1,000 residents22.0
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Palo Pinto County
Building permits in Palo Pinto County
- Housing units authorised by permit, 202424
- Declared construction value permitted$6.6 m
- Single family units authorised22
- Multifamily units authorised2
- Multifamily share of units8.3 percent
- Average declared value per unit$276,559
- Units authorised per 1,000 households2.1
Multifamily is 8.3 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Palo Pinto County
SBA loans in Palo Pinto County (7(a) and 504)
- 7(a) approvals recorded21
- 7(a) gross approval dollars$28.3 m
- Average 7(a) approval$1,346,886
- Median 7(a) approval$1,262,500
- 10th percentile approval$130,000
- 90th percentile approval$3,500,000
- Largest single approval$3,780,000
- Jobs reported supported, 7(a)192
- Jobs per approval9.1
- Distinct 7(a) lenders active17
- Distinct industries receiving approvals12
- Median 7(a) term300 months
- Share of loans on real estate terms, 240 months or longer71.4 percent
- Loans on real estate terms15
- Loans on working capital terms, 120 months or shorter4
- Franchise loans4
- Franchise share of approvals19.0 percent
- Leading industry by approval countGasoline Stations with Convenience Stores (5)
- Most active lenderFirst Financial Bank (2)
- 504 approvals recorded2
- 504 gross approval dollars$1.1 m
- Average 504 approval$546,000
- Median 504 approval$715,000
- Distinct CDCs active2
- 504 jobs per approval9.5
- 504 jobs per million dollars approved17.4
- Most active CDCGreater East Texas Certified Development Company (1)
- 7(a) share of SBA approvals91.3 percent
- Combined SBA approval dollars$29.4 m
The average approval of $1,346,886 sits close to the median of $1,262,500, so lending here is fairly evenly sized rather than driven by a few large deals. 71.4 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Palo Pinto County
SBA loan default and charge-off rates in Palo Pinto County
Do SBA loans in Palo Pinto County get paid back?
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Exempt from disclosure11
- Status: Paid in full5
- Status: Cancelled2
- Status: Committed, not yet disbursed3
Too few loans have reached a final outcome to publish a charge off rate. only 5 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palo Pinto County
SBA lending by place in Palo Pinto County
- Places in the county with recorded lending4
- Mineral Wells, approvals15
- GRAFORD, approvals3
- SANTO, approvals2
- Strawn, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Mineral Wells | 15 | $19,304,000 |
| GRAFORD | 3 | $4,644,400 |
| SANTO | 2 | $3,805,200 |
| Strawn | 1 | $531,000 |
Mineral Wells accounts for 15 approvals against 3 in GRAFORD. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palo Pinto County
How large is Palo Pinto County?
- Land area952 sq mi
- Rank by land area among Texas counties84th of 254
- Width, east to west30.3 mi
- Height, north to south34.3 mi
- Geographies sharing a boundary7
- Residents per square mile of land31
- Establishments per square mile0.68
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Palo Pinto County
Flood risk in Palo Pinto County
- Communities in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Palo Pinto County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The EPA places Palo Pinto County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Palo Pinto County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Palo Pinto County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population29,295
- Households11,234
- Average household size2.61
- Median household income$67,674
- Median age41.6
Common questions
Palo Pinto County questions, answered from the record.
How many people live in Palo Pinto County, Texas?
29,295, in 11,234 households, ranking 96th of 254 Texas counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Palo Pinto County's population growing?
The population has grown 6.42 percent since the 2020 census base. In 2024 there were 350 births against 398 deaths, with net migration of 517. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Palo Pinto County?
$67,674. The median owner-occupied home is valued at $198,000, which is 2.9 times income, and median gross rent is $1,093 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Palo Pinto County?
644 establishments, employing 6,372 people with an annual payroll of $274.1 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Palo Pinto County?
Average annual pay is $49,166, or $945 a week, across 8,331 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Palo Pinto County?
21 7(a) approvals totalling $28.3 m since FY2020, across 17 lenders, with a median approval of $1,262,500, plus 2 504 approvals worth $1.1 m. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Palo Pinto County?
24 housing units were authorised by permit in 2024, with a declared construction value of $6.6 m. Multifamily was 8.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Palo Pinto County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Palo Pinto County come from?
The largest single origin is Palo Pinto County Non-migrants, with 9,953 households. Arriving households report an average income of $82,122 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Palo Pinto County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Palo Pinto County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.
Palo Pinto County
Cities and places in Palo Pinto.
8 Census places lie wholly or partly in Palo Pinto County. 8 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.
| Place | Type | Population | SBA approvals | Lies in |
|---|---|---|---|---|
| Mineral Wells | city | 15,244 | 19 | 64.3 percent here, 35.7 percent Parker County |
| Graford | city | 654 | 3 | Wholly in this county |
| Strawn | city | 525 | 1 | Wholly in this county |
| Gordon | city | 460 | 1 | Wholly in this county |
| Santo | CDP | 427 | 2 | Wholly in this county |
| Mingus | city | 380 | 1 | Wholly in this county |
| Palo Pinto | CDP | 208 | None recorded | Wholly in this county |
| Brazos | CDP | 18 | None recorded | Wholly in this county |