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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

Income Overview

Median Household Income
$54,861
27% below
US avg: $75,149
Per Capita Income
$28,888
26% below
US avg: $39,052
Unemployment Rate
0.3%
92% below
US avg: 3.6%
Poverty Rate
3.8%
69% below
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
$54,861
73%
Per Capita
US: $39,052
$28,888
74%
IRS Avg AGI
US: $72,000
$74,323
103%
Avg Weekly Wage
US: $1,432
$1,105
77%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,105
23% below US avg ($1,432)
Mean Commute Time
31 min
12% above US avg (28 min)
Work From Home
4.2%
72% below US avg (15.2%)
Drive Alone
82.6%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$554M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.6%
Public Transit 0%
Work From Home 4.2%
Other 13.2%
Average commute time
31 minutes
US avg: 28 min

Business Landscape

Total Establishments
275
Restaurants
10
Healthcare
18
Retail
27
Manufacturing
16

Tax & Financial

IRS Avg Adjusted Gross Income
$74,323
3% above US avg ($72,000)
Avg Property Tax
$4,300
23% above US avg ($3,500)
Cost of Living Index
90.1
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$54,861
Per Capita Income$28,888
IRS Avg Adjusted Gross Income$74,323
Avg Weekly Wage$1,105
County GDP$554M

Hardship Indicators

Unemployment Rate0.3%
Poverty Rate3.8%
Gini Coefficient0.421
Cost of Living Index90.1

Commute

Mean Commute31 minutes
Drive Alone82.6%
Public Transit0.0%
Work From Home4.2%

Businesses

Total Establishments275
Restaurants10
Healthcare18
Retail27
Manufacturing16

Tax

IRS Avg AGI$74,323
Avg Property Tax$4,300