Palaminy, France

Full City Profile

3.4 /5.0

B Good

717 Population 57/sq mi density

823 ft Elevation 251 meters

54°F Avg Temperature 12°C

Overall

3.4 / 5.0

Good overall score based on economy, affordability, safety and education

C+

Economy

2.5 / 5.0

$24,052 median income, 8.3% unemployment

Affordability

4.2 / 5.0

$104,000 home value, $520/mo rent

Palaminy, France

At a Glance

Median Income

$24,052

68% below

Home Value

$104,000

63% below

Median Rent

$520/mo

55% below

25.0% of income on rent

Unemployment

8.3%

131% above

0.1% poverty rate

Avg Temperature

54°F

271 sunny days/yr

Is Palaminy a Good Place to Live?

3.4 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palaminy residents earn a median household income of $24,052 , which is 68% below the national average of $75,149. The unemployment rate stands at 8.3% (131% above the U.S. rate of 3.6%). 0.1% of residents live below the poverty line. The area is home to 43 business establishments.

Housing & Cost of Living

The median home value in Palaminy is $104,000 , 63% below the national median of $281,900. Median rent is $520/month, with 25.0% of renters spending more than 30% of income on housing.

Climate & Weather

Palaminy has an average annual temperature of 54°F (12°C). Winters average 42°F in January while summers reach 68°F in July. The area gets 271 sunny days per year. Annual precipitation totals 35.9 inches.

Data Overview

People

Population717

Density57/mi²

Foreign Born4.5%

Economy

C+

Median Income$24,052

Per Capita

Unemployment8.3%

Poverty0.1%

Housing

Home Value$104,000

Rent$520

Ownership

Housing Units287

Rent Burden25.0%

Climate

Avg Temp54°F

Sunny Days271/yr

Rain35.9 in/yr

Elevation823 ft