Last updated: 2024 BLS data · Page refreshed:
Palmer has a population of 134 with a median age of 52.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 134 |
| Median Age | 52.9 |
| White | 97.0% |
| Black or African American | 3.0% |
| Hispanic or Latino | 0.7% |
The median household income in Palmer is $59,063, which is 26.7% below the national median of $80,610. The per capita income is $42,588. The poverty rate is 32.1%.
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In Palmer, 83.2% of residents age 25+ have a high school diploma or higher, and 7.5% hold a bachelor's degree or higher (0.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 83.2% |
| Bachelor's Degree or Higher | 7.5% |
| Graduate or Professional Degree | 0.9% |
The median home value in Palmer is $39,600, below the national median of $303,400. The homeownership rate is 88.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $39,600 |
| Homeownership Rate | 88.6% |
| Vacancy Rate | 23.3% |
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