All Countries
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
Income Overview
Median Household Income
$70,550
6% below
US avg: $75,149
Per Capita Income
$34,916
11% below
US avg: $39,052
Unemployment Rate
4.9%
36% above
US avg: 3.6%
Poverty Rate
8.2%
34% below
US avg: 12.4%
Income Comparison: Palmer vs. U.S. Average
Each bar shows Palmer’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$70,550
94%
Per Capita
US: $39,052
$34,916
89%
IRS Avg AGI
US: $72,000
$94,616
131%
Avg Weekly Wage
US: $1,432
$1,436
100%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,436
0% below US avg ($1,432)
Mean Commute Time
26 min
7% below US avg (28 min)
Work From Home
6.2%
59% below US avg (15.2%)
Drive Alone
76.7%
5% above US avg (73.2%)
Public Transit
0.4%
91% below US avg (5.0%)
County GDP
$32,113M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
76.7%
Public Transit
0.4%
Work From Home
6.2%
Other
16.7%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
8,829
Restaurants
785
Healthcare
1,392
Retail
819
Manufacturing
180
Tax & Financial
IRS Avg Adjusted Gross Income
$94,616
31% above US avg ($72,000)
Avg Property Tax
$8,419
141% above US avg ($3,500)
Cost of Living Index
102.4
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $70,550 |
| Per Capita Income | $34,916 |
| IRS Avg Adjusted Gross Income | $94,616 |
| Avg Weekly Wage | $1,436 |
| County GDP | $32,113M |
Hardship Indicators
| Unemployment Rate | 4.9% |
| Poverty Rate | 8.2% |
| Gini Coefficient | 0.429 |
| Cost of Living Index | 102.4 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 76.7% |
| Public Transit | 0.4% |
| Work From Home | 6.2% |
Businesses
| Total Establishments | 8,829 |
| Restaurants | 785 |
| Healthcare | 1,392 |
| Retail | 819 |
| Manufacturing | 180 |
Tax
| IRS Avg AGI | $94,616 |
| Avg Property Tax | $8,419 |