2020 census As of the
2020 census, Palacios had a population of 4,395, 1,594 households, and 1,038 families residing in the city. The median age was 37.1 years; 26.6% of residents were under the age of 18 and 16.7% were 65 years of age or older. For every 100 females there were 96.9 males, and for every 100 females age 18 and over there were 98.4 males age 18 and over. There were 1,594 households in Palacios, of which 36.8% had children under the age of 18 living in them. Of all households, 48.4% were married-couple households, 18.6% were households with a male householder and no spouse or partner present, and 28.0% were households with a female householder and no spouse or partner present. About 24.5% of all households were made up of individuals and 12.8% had someone living alone who was 65 years of age or older. There were 1,938 housing units, of which 17.8% were vacant. The homeowner vacancy rate was 4.9% and the rental vacancy rate was 13.1%.
2000 census As of the
2000 census, 5,153 people, 1,661 households, and 1,244 families resided in the city. The population density was . There were 1,976 housing units at an average density of . The
racial makeup of the city was 57% White, 5% African American, 1% Native American, 12% Asian, 22% from other races, and 33% from two or more races. Hispanics or Latinos of any race were 51% of the population. Palacios has a high percentage of Asian-Americans, as it is home to a large community of
Vietnamese immigrants and their families. Of the 1,661 households, 44.7% had children under the age of 18 living with them, 55.4% were
married couples living together, 13.4% had a female householder with no husband present, and 25.1% were not families. About 22.0% of all households were made up of individuals, and 10.2% had someone living alone who was 65 years of age or older. The average household size was 3.08 and the average family size was 3.64. In the city, the population was distributed as 35.4% under the age of 18, 9.1% from 18 to 24, 25.8% from 25 to 44, 18.6% from 45 to 64, and 11.1% who were 65 years of age or older. The median age was 30 years. For every 100 females, there were 100.9 males. For every 100 females age 18 and over, there were 95.7 males. The median income for a household in the city was $27,623, and for a family was $35,518. Males had a median income of $27,483 versus $21,875 for females. The
per capita income for the city was $13,107. About 19.8% of families and 24.2% of the population were below the
poverty line, including 28.9% of those under age 18 and 14.3% of those age 65 or over. ==Economy==