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
Housing Overview
Median Home Value
$36,500
87% below
US avg: $281,900
Homeownership Rate
92.3%
41% above US avg (65.4%)
Total Housing Units
97
Median year built: 1949
Home Value by Source
Census Median
$36,500
Zillow (ZHVI)
$131,540
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
92.3%
Owner-Occupied
7.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$738/mo
1 Bedroom
$788/mo
2 Bedroom
$989/mo
3 Bedroom
$1,282/mo
4 Bedroom
$1,420/mo
Affordability & Housing Stock
Rent Burden
23.1%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1949
Average age of housing stock: 77 years
Homeownership Rate
92.3%
Complete Housing Data
Home Values
| Census Median Value | $36,500 |
| Zillow Home Value (ZHVI) | $131,540 |
Rent
| FMR Studio | $738 |
| FMR 1-Bedroom | $788 |
| FMR 2-Bedroom | $989 |
| FMR 3-Bedroom | $1,282 |
| FMR 4-Bedroom | $1,420 |
Market
Ownership & Stock
| Owner-Occupied | 92.3% |
| Renter-Occupied | 7.7% |
| Homeownership Rate | 92.3% |
| Total Housing Units | 97 |
| Median Year Built | 1949 |
| Rent Burden | 23.1% |
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