Palmer, IA
Full City Profile · Iowa · Pocahontas County County
3.3
/5.0
B
Good
114
Population
271/sq mi density
$60,625
Median Income
$46,770 per capita
$36,500
Home Value
$134,363 Zillow
47°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$60,625 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$36,500 home value, /mo rent
D
Education
2.0 / 5.0
12.0% bachelor's degree or higher
Income Overview
Median Household Income
$60,625
19% below
US avg: $75,149
Per Capita Income
$46,770
20% above
US avg: $39,052
Unemployment Rate
3.6%
0% below
US avg: 3.6%
Poverty Rate
38.1%
207% above
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
$60,625
81%
Per Capita
US: $39,052
$46,770
120%
IRS Avg AGI
US: $72,000
$71,570
99%
Avg Weekly Wage
US: $1,432
$1,015
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,015
29% below US avg ($1,432)
Mean Commute Time
27 min
2% below US avg (28 min)
Work From Home
3.8%
75% below US avg (15.2%)
Drive Alone
77.4%
6% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$642M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.4%
Public Transit
0%
Work From Home
3.8%
Other
18.8%
Average commute time
27 minutes
US avg: 28 min
Business Landscape
Total Establishments
265
Restaurants
12
Healthcare
17
Retail
26
Manufacturing
11
Tax & Financial
IRS Avg Adjusted Gross Income
$71,570
1% below US avg ($72,000)
Avg Property Tax
$2,850
19% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $60,625 |
| Per Capita Income | $46,770 |
| IRS Avg Adjusted Gross Income | $71,570 |
| Avg Weekly Wage | $1,015 |
| County GDP | $642M |
Hardship Indicators
| Unemployment Rate | 3.6% |
| Poverty Rate | 38.1% |
| Gini Coefficient | 0.400 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 77.4% |
| Public Transit | 0.0% |
| Work From Home | 3.8% |
Businesses
| Total Establishments | 265 |
| Restaurants | 12 |
| Healthcare | 17 |
| Retail | 26 |
| Manufacturing | 11 |
Tax
| IRS Avg AGI | $71,570 |
| Avg Property Tax | $2,850 |