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Palmer, IA

Full City Profile · Iowa · Pocahontas County County

2.7 /5.0
C+ Fair
114 Population 271/sq mi density
$60,625 Median Income $46,770 per capita
$36,500 Home Value $131,540 Zillow
47°F Avg Temperature 260 sunny days/yr
130 Violent Crime/100K 584 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$60,625 median income, 1.9% unemployment
A+
Affordability
5.0 / 5.0
$36,500 home value, /mo rent
F
Safety
1.0 / 5.0
130 violent crimes/100K
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
1.9%
47% 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 Rate1.9%
Poverty Rate38.1%
Gini Coefficient0.400
Cost of Living Index87.8

Commute

Mean Commute27 minutes
Drive Alone77.4%
Public Transit0.0%
Work From Home3.8%

Businesses

Total Establishments265
Restaurants12
Healthcare17
Retail26
Manufacturing11

Tax

IRS Avg AGI$71,570
Avg Property Tax$2,850