Last updated: 2024 BLS data · Page refreshed:
Palermo has a population of 2,696 with a median age of 47.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,696 |
| Median Age | 47.4 |
| White | 96.7% |
| Asian | 0.1% |
| Hispanic or Latino | 3.1% |
The median household income in Palermo is $101,005, which is 25.3% above the national median of $80,610. The per capita income is $50,836. The poverty rate is 2.0%.
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In Palermo, 98.6% of residents age 25+ have a high school diploma or higher, and 46.9% hold a bachelor's degree or higher (16.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.6% |
| Bachelor's Degree or Higher | 46.9% |
| Graduate or Professional Degree | 16.1% |
The median home value in Palermo is $395,400, above the national median of $303,400. The homeownership rate is 97.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $395,400 |
| Homeownership Rate | 97.9% |
| Vacancy Rate | 8.8% |
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