Palmerston, New Zealand

Full City Profile

2.9 /5.0

C+ Fair

1,050 Population 5/sq mi density

46 ft Elevation 14 meters

51°F Avg Temperature 10°C

C+

Overall

2.9 / 5.0

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

C+

Economy

2.9 / 5.0

$19,560 median income, 2.8% unemployment

C+

Affordability

2.9 / 5.0

$130,000 home value, $650/mo rent

Palmerston, New Zealand

At a Glance

Median Income

$19,560

74% below

$19,560 per capita

Home Value

$130,000

54% below

Median Rent

$650/mo

44% below

Unemployment

2.8%

22% below

Avg Temperature

51°F

291 sunny days/yr

Is Palmerston a Good Place to Live?

C+

2.9 / 5.0 — Fair

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

Economy & Jobs

Palmerston residents earn a median household income of $19,560 , which is 74% below the national average of $75,149. Per capita income is $19,560. The unemployment rate stands at 2.8% (22% below the U.S. rate of 3.6%). The area is home to 97 business establishments.

Housing & Cost of Living

The median home value in Palmerston is $130,000 , 54% below the national median of $281,900. Median rent is $650/month.

Climate & Weather

Palmerston has an average annual temperature of 51°F (10°C). Winters average 59°F in January while summers reach 42°F in July. The area gets 291 sunny days per year. Annual precipitation totals 24.7 inches.

Data Overview

People

Population1,050

Median Age47.9 yrs

Density5/mi²

Foreign Born12.8%

Economy

C+

Median Income$19,560

Per Capita$19,560

Unemployment2.8%

Poverty

Avg Weekly Wage$376

Housing

C+

Home Value$130,000

Rent$650

Ownership78.8%

Housing Units420

Climate

Avg Temp51°F

Sunny Days291/yr

Rain24.7 in/yr

Elevation46 ft

Did You Know?

12.8% of residents are foreign-born.