Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Cost Of Living
Living in this region comes with a high cost of living, translating to elevated costs for homes, goods and services, groceries, utilities, health care and transportation.
Paloma Creek, Texas is a small-sized city with a population of 3,015 inhabitants. Paloma Creek has a population density of 6,557 people per square mile. This would be considered well above the national population density level. If we look at the most recent Census, Paloma Creek is known to have a predominantly White population. The next two most common races are Black and Asian. The median age of all Paloma Creek residents is 33, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. If finding a family friendly city is important to you, look no further. With more than 70% of the population considered married and 69% with kids under the age of 18, Paloma Creek could be considered a very suitable city for families. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Paloma Creek offers up a higher than average one way commute time of 36 minutes.
Whether you’re relocating to a new city to be closer to family, friends or for a new job, living in Paloma Creek could be a positive experience compared to other cities in Texas if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. To help you find the best places to live in and around Paloma Creek, AreaVibes has created a livability score using key metrics like amenities, cost of living, health & safety, education and more.
Using data and statistics Paloma Creek has received a livability score of 72 out of 100. This score is ranked in the 84th percentile when compared to all other cities. There are nine total categories that create the livability score. Paloma Creek scores well for crime (A), education (B), employment (A+) and housing (A+) The bad news for Paloma Creek, there are some categories for which it does not score well, this includes: amenities (F).
When contemplating a move, job prospects often top the list of priorities. In Paloma Creek, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.44% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Paloma Creek apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Paloma Creek meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Paloma Creek. Everything else becomes a lot less important if it turns out that home prices in Paloma Creek are simply unattainable. The median home price for Paloma Creek homes is $215,200, which is 50.8% higher than the Texas average. If we take a closer look at the affordability of homes in Paloma Creek, we’ll see that the home price to income ratio is 2.3, which is 11.5% lower than the Texas average.
| Statistic | Paloma Creek | Texas | National |
| Average one way commute | 36min | 26min | 26min |
| Workers who drive to work | 66.3% | 80.3% | 76.4% |
| Workers who carpool | 1.0% | 10.6% | 9.3% |
| Workers who take public transit | 0.7% | 1.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 5.5% | 1.6% | 2.8% |
| Working from home | 7.4% | 4.3% | 4.6% |
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