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Palmer, NE

Full City Profile · Nebraska · Merrick County County

3.1 /5.0
B Good
446 Population 842/sq mi density
$54,861 Median Income $28,888 per capita
$102,900 Home Value $299,438 Zillow
$785 Median Rent 22.5% income on rent
52°F Avg Temperature 308 sunny days/yr
69 Violent Crime/100K 1,714 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$54,861 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$102,900 home value, $785/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
C
Education
2.4 / 5.0
17.2% bachelor's degree or higher

Palmer, NE

At a Glance

Median Income
$54,861
27% below
$28,888 per capita
Home Value
$102,900
63% below
Zillow: $299,438
Median Rent
$785/mo
33% below
22.5% of income on rent
Violent Crime
69/100K
82% below
1,714/100K property
Bachelor's Degree+
17.2%
49% below
96.8% high school+
Unemployment
0.3%
92% below
3.8% poverty rate
Obesity Rate
39.3%
22% above
15.6% smoking rate
Avg Temperature
52°F
308 sunny days/yr

How Palmer Compares to the U.S. Average

Each bar shows Palmer's value as a percentage of the national average (100% = U.S. avg)

Income
73%
Home Value
37%
Rent
67%
Poverty
31%
Bachelor's
51%
Unemployment
8%
Crime
18%
Thin vertical line = U.S. national average (100%)

Is Palmer a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palmer residents earn a median household income of $54,861 , which is 27% below the national average of $75,149. Per capita income is $28,888. The unemployment rate stands at 0.3% (92% below the U.S. rate of 3.6%). 3.8% of residents live below the poverty line. The area is home to 275 business establishments, including 10 restaurants.

Housing & Cost of Living

The median home value in Palmer is $102,900 , 63% below the national median of $281,900. Zillow estimates the typical home at $299,438. Median rent is $785/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1944.

Safety & Crime

Palmer reports 69 violent crimes per 100,000 residents , which is 82% below the national average of 380/100K. Property crime is 1,714/100K.

Education

17.2% of adults in Palmer hold a bachelor's degree or higher (49% below the national average). 96.8% have completed high school. Local schools score 5.1/10 in standardized testing.

Climate & Weather

Palmer has an average annual temperature of 52°F (11°C). Winters average 25°F in January while summers reach 77°F in July. The area gets 308 sunny days per year. Annual precipitation totals 27.3 inches. Air quality is rated Good with a median AQI of 32.

Data Overview

People

Population446
Median Age38.3 yrs
Density842/mi²
Male / Female46% / 54%
Foreign Born13.6%
Veterans6.2%

Economy

A
Median Income$54,861
Per Capita$28,888
Unemployment0.3%
Poverty3.8%
County GDP$554M
Avg Weekly Wage$1,105

Housing

A+
Home Value$102,900
Rent$785
Ownership85.6%
Zillow$299,438
Housing Units186
Rent Burden22.5%

Crime

F
Violent69/100K
Property1,714/100K

Health

Obesity39.3%
Diabetes9.1%
Smoking15.6%
Heart Disease5.5%
Premature Death8,240/100K

Climate

Avg Temp52°F
Sunny Days308/yr
Rain27.3 in/yr
AQI32 (Good)
Elevation1,795 ft

Education

C
Bachelor's+17.2%
High School+96.8%
Graduate+8.8%
School Score5.1/10

Community

2024 VoteR 82% / D 17%
Commute31 min
Broadband95.9%
Internet Speed26 Mbps
EV Stations2
Libraries3

Did You Know?

The median home in Palmer was built in 1944.
The nearest airport is Central Nebraska Regional (18 miles).
The Gini coefficient (income inequality) is 0.421 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
17.0% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 5 fatal vehicle crashes.