Palmerston, Australia

Full City Profile

3.1 /5.0

B Good

5,430 Population 144/sq mi density

2,024 ft Elevation 617 meters

49°F Avg Temperature 10°C

Overall

3.1 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

3.2 / 5.0

$38,329 median income, 3.8% unemployment

C+

Affordability

2.9 / 5.0

$253,600 home value, $1,268/mo rent

Palmerston, Australia

At a Glance

Median Income

$38,329

49% below

$38,329 per capita

Home Value

$253,600

10% below

Median Rent

$1,268/mo

9% above

Unemployment

3.8%

6% above

Avg Temperature

49°F

316 sunny days/yr

Is Palmerston a Good Place to Live?

3.1 / 5.0 — Good

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palmerston residents earn a median household income of $38,329 , which is 49% below the national average of $75,149. Per capita income is $38,329. The unemployment rate stands at 3.8% (6% above the U.S. rate of 3.6%). The area is home to 516 business establishments.

Housing & Cost of Living

The median home value in Palmerston is $253,600 , 10% below the national median of $281,900. Median rent is $1,268/month.

Climate & Weather

Palmerston has an average annual temperature of 49°F (10°C). Winters average 61°F in January while summers reach 37°F in July. The area gets 316 sunny days per year. Annual precipitation totals 25.2 inches.

Data Overview

People

Population5,430

Median Age36.0 yrs

Density144/mi²

Foreign Born31.3%

Economy

Median Income$38,329

Per Capita$38,329

Unemployment3.8%

Poverty

Avg Weekly Wage$737

Housing

C+

Home Value$253,600

Rent$1,268

Ownership71.3%

Housing Units2,172

Climate

Avg Temp49°F

Sunny Days316/yr

Rain25.2 in/yr

Elevation2,024 ft

Did You Know?

31.3% of residents are foreign-born.