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Palmer, AK

Full City Profile · Alaska · Anchorage Municipality County

3.0 /5.0
B Good
6,141 Population 1,211/sq mi density
$70,550 Median Income $34,916 per capita
$275,900 Home Value $420,936 Zillow
$1,134 Median Rent 31.2% income on rent
37°F Avg Temperature 274 sunny days/yr
280 Violent Crime/100K 2,724 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$70,550 median income, 4.9% unemployment
A
Affordability
4.5 / 5.0
$275,900 home value, $1,134/mo rent
F
Safety
1.0 / 5.0
280 violent crimes/100K
C+
Education
2.9 / 5.0
23.8% bachelor's degree or higher

Palmer, AK

At a Glance

Median Income
$70,550
6% below
$34,916 per capita
Home Value
$275,900
2% below
Zillow: $420,936
Median Rent
$1,134/mo
2% below
31.2% of income on rent
Violent Crime
280/100K
26% below
2,724/100K property
Bachelor's Degree+
23.8%
29% below
93.1% high school+
Unemployment
4.9%
36% above
8.2% poverty rate
Obesity Rate
37.0%
15% above
16.5% smoking rate
Avg Temperature
37°F
274 sunny days/yr

How Palmer Compares to the U.S. Average

Each bar shows Palmer's value as a percentage of the national average (100% = U.S. avg)

Income
94%
Home Value
98%
Rent
98%
Poverty
66%
Bachelor's
71%
Unemployment
136%
Crime
74%
Thin vertical line = U.S. national average (100%)

Is Palmer a Good Place to Live?

B
3.0 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palmer residents earn a median household income of $70,550 , which is 6% below the national average of $75,149. Per capita income is $34,916. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 8.2% of residents live below the poverty line. The area is home to 8,829 business establishments, including 785 restaurants.

Housing & Cost of Living

The median home value in Palmer is $275,900 , 2% below the national median of $281,900. Zillow estimates the typical home at $420,936. Median rent is $1,134/month, with 31.2% of renters spending more than 30% of income on housing. The cost of living index is 102.4 (100 = national average). The median home was built in 1990.

Safety & Crime

Palmer reports 280 violent crimes per 100,000 residents , which is 26% below the national average of 380/100K. Property crime is 2,724/100K. The murder rate is 13.4/100K.

Education

23.8% of adults in Palmer hold a bachelor's degree or higher (29% below the national average). 93.1% have completed high school. Local schools score 4.9/10 in standardized testing.

Climate & Weather

Palmer has an average annual temperature of 37°F (3°C). Winters average 15°F in January while summers reach 59°F in July. The area gets 274 sunny days per year. Annual precipitation totals 12.6 inches. Air quality is rated Good with a median AQI of 21.

Data Overview

People

Population6,141
Median Age32.9 yrs
Density1,211/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans11.2%

Economy

B+
Median Income$70,550
Per Capita$34,916
Unemployment4.9%
Poverty8.2%
County GDP$32,113M
Avg Weekly Wage$1,436

Housing

A
Home Value$275,900
Rent$1,134
Ownership62.4%
Zillow$420,936
Housing Units2,423
Rent Burden31.2%

Crime

F
Violent280/100K
Property2,724/100K
Murder13.4/100K
Assault214/100K
Burglary254/100K

Health

Obesity37.0%
Diabetes8.3%
Smoking16.5%
Heart Disease5.5%
Premature Death9,853/100K

Climate

Avg Temp37°F
Sunny Days274/yr
Rain12.6 in/yr
AQI21 (Good)
Elevation236 ft

Education

C+
Bachelor's+23.8%
High School+93.1%
Graduate+8.3%
School Score4.9/10

Community

2024 VoteR 44% / D 56%
Commute26 min
Broadband90.1%
Internet Speed134 Mbps
EV Stations3
Libraries5

Did You Know?

The median home in Palmer was built in 1990.
The nearest airport is Ted Stevens Anchorage International (41 miles).
The Gini coefficient (income inequality) is 0.429 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
17.7% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 134 Mbps.
There are 785 restaurants in the area.
The county recorded 20 fatal vehicle crashes.