Housing costs in Palmer?
A typical home costs
$262,200, which is 22.4% less expensive than the national average of
$338,100 and 11.9% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Palmer costs
$1,640 per month, which is 28.1% more than the national average of
$1,280 and 6.7% more than the state average of
$1,530.
Can I afford Palmer?
To live comfortably in Palmer (zip 75152), Texas, a minimum annual income of
$50,400 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Palmer?
The cost of living in 75152 Palmer, TX is considerably lower than the national average. Housing costs are particularly low with a median home value of around $135,000. This makes it an attractive option for those looking to buy their first home or downsize from a larger residence. The overall cost of groceries and utilities is also relatively inexpensive compared to other parts of Texas and the country. As such, Palmer offers an excellent opportunity for people to enjoy a high quality of life on a limited budget.