The size of Paluma is approximately 2,297 square kilometres. It has 2 parks covering nearly 18.7% of total area. The population of Paluma in 2011 was 294 people. By 2016 the population was 62 showing a population decline of 78.9% in the area during that time. The predominant age group in Paluma is 60-69 years. Households in Paluma are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Paluma work in a managers occupation. In 2011, 72.5% of the homes in Paluma were owner-occupied compared with 74.1% in 2016. Currently the median sales price of houses in the area is $75,000.