Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Palmview

Learn about the people, housing, costs and businesses in Palmview, Texas

Median Home$142,803
Median Rent$731/month
Population16,015
Leading IndustriesFinance & Insurance · Information & Media · Manufacturing12% finance & insurance
Home Value Growth⬆⬆+13.7% over 2 years
Family-Friendly29% of residentswell above average
Homeowners76% of occupied units
NotableAmenity Score69/100 · highly walkable area
NotableAffordable Market$143k median home · lower cost than 77% of the country
Palmview
TX

Frequently Asked Questions

What are today's mortgage rates in Palmview?

As of today, the 30-year fixed mortgage rate for Palmview is approximately 6.951% (6.992% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Palmview
What is the median home price in Palmview?

The median home value in Palmview is $143k. The median monthly rent is $731. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Palmview?

Home values in Palmview have increased 13.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Palmview?

Based on a typical all-in ownership cost of $692/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palmview is $48k/year.

Calculate your buying power
What industries drive the economy in Palmview?

The largest employment sectors in Palmview are public administration (26%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.