At a Glance
Median Income
$98,000
$48,770 per capita
Home Value
$393,900
Zillow: $479,757
Bachelor's Degree+
45.9%
98.9% high school+
Unemployment
0.9%
1.9% poverty rate
Obesity Rate
30.5%
9.7% smoking rate
How Palermo Compares to the U.S. Average
Each bar shows Palermo's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Palermo a Good Place to Live?
A+
4.7 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Palermo residents earn a median household income of $98,000 , which is 30% above the national average of $75,149.
Per capita income is $48,770. The unemployment rate stands at 0.9% (75% below the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 4,020 business establishments, including 889 restaurants.
Housing & Cost of Living
The median home value in Palermo is $393,900 , 40% above the national median of $281,900.
Zillow estimates the typical home at $479,757. The cost of living index is 108.8 (100 = national average). The median home was built in 1985.
Education
45.9% of adults in Palermo hold a bachelor's degree or higher
(36% above the national average).
98.9% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Palermo has an average annual temperature of 56°F (13°C).
Winters average 36°F in January while summers reach 77°F in July. Annual precipitation totals 46.0 inches.
Data Overview
People
Population2,667
Median Age43.7 yrs
Density858/mi²
Male / Female51% / 49%
Foreign Born1.6%
Veterans8.8%
Economy
A+
Median Income$98,000
Per Capita$48,770
Unemployment0.9%
Poverty1.9%
County GDP$7,801M
Avg Weekly Wage$934
Housing
A
Home Value$393,900
Rent
Ownership98.1%
Zillow$479,757
Housing Units1,331
Rent Burden35.5%
Health
Obesity30.5%
Diabetes6.4%
Smoking9.7%
Heart Disease4.0%
Premature Death9,176/100K
Climate
Avg Temp56°F
Rain46.0 in/yr
Elevation12 ft
Education
A+
Bachelor's+45.9%
High School+98.9%
Graduate+18.2%
School Score6.1/10
Community
2024 VoteR 59% / D 40%
Commute24 min
Broadband94.7%
Internet Speed130 Mbps
EV Stations1
Libraries13
Did You Know?
The median home in Palermo was built in 1985.
The nearest airport is Atlantic City International (17 miles).
The Gini coefficient (income inequality) is 0.475 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.4% of the population has a disability.
Average internet download speed is 130 Mbps.
There are 889 restaurants in the area.
The county recorded 14 fatal vehicle crashes.