Palo Pinto County, Texas: commercial real estate data.
Palo Pinto County, Texas had an estimated 30,231 residents on July 1, 2024, up 6.4 percent since the 2020 census base of 28,408, across 952 square miles. 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 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palo Pinto County
How many people live in Palo Pinto County
- Population, American Community Survey 2020-202429,295
- 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-equivalents, Puerto Rico included1495th of 3,222
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 affordable 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, July 1, 202430,231
- Census 2020 base population28,408
- Population change since the 2020 census base6.42 percent
- Population change, 2023 to 2024469
- 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 of 3,144
The county has grown 6.42 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration 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
- Tax returns filed by households leaving848
- Net household movement252
- Adjusted gross income arriving$90.3 m
- Net adjusted gross income movement$36.2 m
- Average income of an arriving household$82,122
- Average income of a leaving household$63,857
- Largest single originParker County (281 households)
- Largest single destinationParker County (208 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Parker County | 281 | 596 | $16.7 m |
| Tarrant County | 182 | 338 | $18.3 m |
| Hood County | 35 | 66 | $1.9 m |
| Denton County | 33 | 61 | $3.3 m |
| Dallas County | 32 | 59 | $4.3 m |
| Erath County | 29 | 63 | $1.4 m |
| Young County | 26 | 46 | $1.5 m |
| Wise County | 22 | 47 | $1.1 m |
Households arriving report $18,265 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Parker County, 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 the Texas areas BEA publishes137th of 254
- Rank by GDP among the US county areas BEA publishes1641st of 3,127
- 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
Employment by industry in Palo Pinto County
- Covered employment, annual average8,331
- Establishments reporting731
- Average annual pay$49,166
- Average weekly wage$945
- Accommodation and food services, employment1,452
- Accommodation and food services, average annual pay$22,439
- Retail trade, employment1,177
- Retail trade, average annual pay$32,722
- Manufacturing, employment1,086
- Manufacturing, average annual pay$74,446
- Construction, employment400
- Construction, average annual pay$50,785
- Administrative and support and waste management services, employment244
- Wholesale trade, employment223
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 1,452 | 78 | $22,439 |
| Retail trade | 1,177 | 100 | $32,722 |
| Manufacturing | 1,086 | 38 | $74,446 |
| Construction | 400 | 71 | $50,785 |
| Administrative and support and waste management services | 244 | 26 | $31,860 |
| Wholesale trade | 223 | 31 | $63,901 |
| Real estate and rental and leasing | 222 | 37 | $67,451 |
| Other services, except public administration | 207 | 38 | $41,026 |
Accommodation and food services is the largest private sector at 1,452 jobs, 17.4 percent of covered employment.
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. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Palo Pinto County
Building permits in Palo Pinto County
- Housing units authorized by permit, 202424
- Declared construction value permitted$6.6 m
- Single family units authorized22
- Multifamily units authorized2
- Multifamily share of units8.3 percent
- Average declared value per unit$276,559
- Units authorized per 1,000 households2.1
Single-family homes are 91.7 percent of units authorized, so the pipeline is predominantly single-family.
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)
- 504 approvals recorded2
- 504 gross approval dollars$1.1 m
- Average 504 approval$546,000
- Median 504 approval$546,000
- Distinct CDCs active2
- 504 jobs per approval9.5
- 504 jobs per million dollars approved17.4
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$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
Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
- Borrower cities with recorded lending4
- Mineral Wells, approvals15
- Graford, approvals3
- Santo, approvals2
- Strawn, approvals1
| Borrower city | 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
- Participation of the county's own NFIP community Palo Pinto County, unincorporated areasParticipating, community 480516
- Communities in the county 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 county's own community in the status book, unincorporated Palo Pinto County (community 480516), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. 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 Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, 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 →
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.
- Population, American Community Survey 2020-202429,295
- 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?
The Census Bureau estimates 30,231 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 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 of 28,408, to 30,231 on July 1, 2024. 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 employment by industry in Palo Pinto County?
Accommodation and food services is the largest private sector at 1,452 jobs, 17.4 percent of covered employment. Covered employment averages 8,331 jobs at an average annual pay of $49,166, or $945 a week. 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 totaling $28.3 m since FY2020, across 17 lenders, with a median approval of $1,262,500, plus 2 504 approvals worth $1.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Palo Pinto County?
24 housing units were authorized 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 Parker County, with 281 households. Arriving households report an average income of $82,122 against $63,857 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?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Palo Pinto County
Cities and places in Palo Pinto.
8 Census places lie wholly or partly in Palo Pinto County. All 8 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Mineral Wells | city | 15,244 | 15 | 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 | None recorded | Wholly in this county |
| Santo | CDP | 427 | 2 | Wholly in this county |
| Mingus | city | 380 | None recorded | Wholly in this county |
| Palo Pinto | CDP | 208 | None recorded | Wholly in this county |
| Brazos | CDP | 18 | None recorded | Wholly in this county |
Nearby