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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

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
92%
8%
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-Occupied92.3%
Renter-Occupied7.7%
Homeownership Rate92.3%
Total Housing Units97
Median Year Built1949
Rent Burden23.1%