Population 193 · Census ACS 2020–24
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Population and households in Palace
Household size in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 2.68 | 2.49 | 2.68 |
| 2010–14 | 2.86 | 2.52 | 2.73 |
| 2015–19 | 3.35 | 2.50 | 2.71 |
| 2020–24 | 2.55 | 2.49 | 2.65 |
| Change | −0.12 | −0.00 | −0.03 |
Households in Palace run a little small, averaging 2.55 people against 2.65 nationally, which usually means more singles and couples and fewer children. Missouri as a whole looks much the same. Household size has dropped from 2.68 in 2006–10, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 30.4 | 38.4 | 37.7 |
| 2010–14 | 33.1 | 39.2 | 38.6 |
| 2015–19 | 31.8 | 40.0 | 39.6 |
| 2020–24 | 34.1 | 40.1 | 40.1 |
| Change | +3.7 | +1.7 | +2.3 |
Palace is young: half of its residents are under 34.1, compared with a national median of 40.1. The population tilts toward young adults, many of them living alone or as couples.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 4.2% | 11.3% | 12.3% |
| 2010–14 | 6.7% | 11.4% | 12.3% |
| 2015–19 | 13.2% | 10.9% | 11.6% |
| 2020–24 | 10.4% | 11.0% | 11.6% |
| Change | +6.2 pts | −0.3 pts | −0.6 pts |
Single-parent households are a bit less common in Palace than nationally: 10.4%, against 11.6%. The picture is much the same across Missouri.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Palace
Renters in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 35.1% | 30.0% | 33.3% |
| 2010–14 | 31.6% | 32.1% | 35.6% |
| 2015–19 | 33.6% | 33.2% | 36.0% |
| 2020–24 | 14.2% | 31.9% | 34.8% |
| Change | −20.9 pts | +1.9 pts | +1.5 pts |
Only 14.2% of households in Palace rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 58.2% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 16.8% | 11.6% | 11.4% |
| 2010–14 | 24.4% | 12.0% | 11.4% |
| 2015–19 | 40.1% | 12.2% | 11.1% |
| 2020–24 | 15.4% | 10.5% | 9.6% |
| Change | −1.4 pts | −1.1 pts | −1.8 pts |
Vacant homes make up 15.4% of the housing in Palace, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 1989 | 1974 | 1974 |
| 2010–14 | 1988 | 1975 | 1975 |
| 2015–19 | 1993 | 1976 | 1977 |
| 2020–24 | 1991 | 1978 | 1980 |
| Change | +2 | +4 | +6 |
Much of the housing in Palace is relatively new: half of its homes were built after 1991, compared with 1980 for the U.S. as a whole.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | $833 | $740 | $965 |
| 2010–14 | $987 | $816 | $1,040 |
| 2015–19 | $881 | $899 | $1,213 |
| 2020–24 | $1,056 | $1,122 | $1,571 |
| Change | +$223 | +$383 | +$606 |
A typical rental in Palace costs $1,056 a month with utilities, well below the national median of $1,571. The typical renter here spends 39.9% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Palace
Bachelor's degrees in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 17.8% | 26.0% | 28.4% |
| 2010–14 | 16.1% | 27.3% | 29.6% |
| 2015–19 | 22.8% | 29.6% | 32.1% |
| 2020–24 | 20.7% | 32.6% | 35.6% |
| Change | +2.9 pts | +6.6 pts | +7.2 pts |
College degrees are relatively uncommon in Palace: 20.7% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 88.6% | 86.8% | 84.9% |
| 2010–14 | 89.8% | 88.3% | 86.1% |
| 2015–19 | 89.8% | 90.0% | 87.7% |
| 2020–24 | 91.7% | 91.8% | 89.3% |
| Change | +3.1 pts | +5.1 pts | +4.3 pts |
About nine in ten adults in Palace have finished high school (91.7%), a bit above the national rate of 89.3%. The picture is much the same across Missouri.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Palace
| Period | Palace | Missouri | U.S. |
|---|---|---|---|
| 2006–10 | 10.6% | 7.4% | 8.1% |
| 2010–14 | 6.7% | 8.4% | 9.4% |
| 2015–19 | 2.7% | 4.6% | 5.6% |
| 2020–24 | 1.3% | 4.1% | 5.4% |
| Change | −9.2 pts | −3.3 pts | −2.7 pts |
The job market in Palace has been strong: just 1.3% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Palace compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Palace | 2.55 | 34.1 | 10.4% | 14.2% | 15.4% | 1991 | $1,056 | 20.7% | 91.7% | 1.3% |
| Plato | 3.09 | 38.1 | 8.3% | 6.6% | 7.9% | 1985 | $1,097 | 22.8% | 92.1% | 0.4% |
| Big Piney | 2.24 | 32.8 | 11.5% | 21.3% | 19.7% | 1994 | $1,031 | 19.5% | 90.6% | 1.9% |
| Roby | 2.71 | 43.5 | 9.1% | 11.5% | 12.7% | 1985 | $1,036 | 16.6% | 87.5% | 3.5% |
| Nebo | 2.71 | 39.6 | 8.1% | 11.8% | 2.1% | 1984 | $953 | 25.7% | 93.5% | 0.6% |
| Success | 2.37 | 23.5 | 10.6% | 57.4% | 11.4% | 1989 | $1,126 | 12.8% | 98.2% | 2.2% |
| Duke | 2.44 | 36.0 | 8.9% | 12.6% | 20.0% | 1992 | $862 | 24.6% | 90.1% | 2.4% |
| Blooming Rose | 2.56 | 43.7 | 8.7% | 15.0% | 16.1% | 1986 | $923 | 12.1% | 87.6% | 7.1% |
| Fort Leonard Wood | 3.00 | 21.4 | 11.5% | 99.6% | 23.9% | 1993 | $1,280 | 29.3% | 96.7% | 5.2% |
| Lynchburg | 2.49 | 41.1 | 9.4% | 13.1% | 2.2% | 1985 | $886 | 24.7% | 92.5% | 0.8% |
| Laquey | 2.69 | 39.0 | 18.2% | 24.6% | 4.7% | 1978 | $1,220 | 16.3% | 94.6% | 3.8% |
All figures 2020–24.
Cities with similar populations: Sanford Hill, TN · Marshfield, IN · Maurine, SD · McNab, AR · Meadows, IL · Rock Creek, IL · Rutan, PA · Rutherford, AL · Sabael, NY · Sainville, TN
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Palace. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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