Missouri / Texas County

Moving to Palace, MO

Thinking of making a move to Palace, MO? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Palace, MO

Considering a move to Palace, MO? This welcoming community of 65 residents offers a blend of suburban charm and convenience, with median home prices around $145,000 and average rents near $720. Commute times average 27 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (58% annually), ideal for families and commuters alike. Explore Palace's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Palace, MO

Palace has a population of 65 residents, offering a diverse community with a median age of nearly 47 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 94% White, 2% Black, and 0% Asian residents, and over 1% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
65
Density
18 per sq mi
Median Age
46.8
Gender Ratio
101 males per 100 females
Non-English Speakers Percentage
1.2%

Ethnic Composition

White
94.0%
Black
1.5%
Asian
0.0%
Others
4.5%

Cost Of Living

What is the average cost of living in Palace, MO?

The cost of living in Palace is higher than the national average, with a cost of living index of 79.4. Median home values are around $145,000 and average rents for a two-bedroom apartment are approximately $720. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$145,000
Gross Rent
$720
Monthly Electricity Charges
$145
Auto Insurance
$1,520
House Owner Cost With Mortgage
$1,120
House Owner Cost Without Mortgage
$430
State Taxes
Low: 1.5%| High: 5.4%
Cost Of Living Index
79.4
Grocery
92.0
Housing
63.5
Utilities
98.2
Transportation
86.4
Health Care
94.1
Miscellaneous
89.0

Crime

Is Palace, MO a safe place to live?

Palace is considered a safe community, with a low violent crime rate of 220 incidents per 100,000 residents and a property crime chance of 1 in 68. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Missouri.

Violent Crimes Per 100k
220
Property Crimes Per 100k
1,480
Crime Index
1,700
Chance Of Violent Crime
1 in 455
Chance Of Property Crime
1 in 68

Weather

What is the weather like in Palace, MO year-round?

Palace experiences four distinct seasons, with warm summers reaching highs of 89°F and cold winters dipping to 21°F. The area receives about 44 inches of rainfall annually and enjoys sunshine on 58% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
21°F
Max
42°F

Summer

Min
67°F
Max
89°F

Spring

Min
44°F
Max
70°F

Fall

Min
46°F
Max
72°F
Average Rainfall Inches
44.1 inches
Sunny Days Percentage
58%

Neighbors

The neighborhood boasts a healthy median household income of $52,000 and a low poverty rate of 15.8%. Over 89% of residents have at least a high school diploma, and nearly 14% hold a bachelor's degree or higher. Commute times average 27 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$33,000
Household Income
$52,000
Family Income
$61,000
Per Capita Income
$24,000
Income Male
$35,500
Income Female
$27,500
Poverty Rate
15.8%
Non English Speakers
2.5%
Rent
$720
Unemployment Rate
4.8%
Public Transport Usage
0.4%
Commute Time
26.8 minutes

Education

High School or Higher
89.0%
Bachelors or More
14.2%

Education

How are the schools in Palace, MO?

Palace offers quality education options, with public schools like Houston R-I School District and Licking R-VIII School District known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Missouri State University - West Plains and East Central College. The community is committed to educational excellence for all age groups.

Public Schools

Name
Houston R-I School District
Street
423 W Grand Ave
Phone
417-967-8468
Students
1,050
Student Teacher Ratio
13.8
Name
Licking R-VIII School District
Street
125 College St
Phone
573-674-2900
Students
480
Student Teacher Ratio
12.9

Private Schools

Name
St. James Catholic School
Street
302 N Jefferson Ave
Phone
417-532-2936
Students
120

Colleges

Name
Missouri State University - West Plains
City
West Plains
State
MO
Distance
58 miles
Students
2,000
Name
East Central College
City
Union
State
MO
Distance
92 miles
Students
3,200

Healthcare

Palace residents have access to quality healthcare, with major hospitals like Phelps Health and Mercy Hospital Lebanon nearby. The community benefits from a high physician-to-resident ratio of 1.3 per 1,000 people and 89.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Phelps Health
Address
1000 W 10th St, Rolla, MO 65401
Phone
(573) 458-8899
Type
General & Surgical
Emergency Services
Yes
Name
Mercy Hospital Lebanon
Address
100 Hospital Dr, Lebanon, MO 65536
Phone
(417) 533-6050
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.3
Health Insurance Coverage
89.1%
Health Care Index
61.8

Housing Market

What is the housing market like in Palace, MO?

The local housing market is strong, with a median home price of $145,000 and an owner-occupied rate of nearly 80%. The market has seen a 3.2% appreciation over the past year, and rental vacancy rates remain moderate at 8.1%. Palace offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$145,000
Average Rent For 2 Bedroom
$720
Owner Occupied Rate
79.5%
Rental Vacancy Rate
8.1%
Home Appreciation Rate (1yr)
3.2%
New Construction Rate
0.4%
Foreclosure Rate
0.7%

DMV Information

Residents of Palace handle vehicle services through the Missouri Department of Revenue, conveniently located in Jefferson City. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Missouri
Department
Missouri Department of Revenue
Address
301 W. High Street, Jefferson City, MO 65101
Phone
1-573-751-3505

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Palace, MO

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Palace, review the core fields on this page: population 65, median home value $145,000, average rent for 2 bedroom $720, commute time 26.8 minutes, and sunny days percentage 58%.

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