The median household income in Palmer, IA in 2022 was $57,726, which was 20.5% less than the median annual income of $69,588 across the entire state of Iowa. Compared to the median income of $25,000 in 2000 this represents an increase of 56.7%. The per capita income in 2022 was $39,719, which means an increase of 55.2% compared to 2000 when it was $17,775.
Whole page based on the data from 2000 / 2022 when the population of Palmer, Iowa was 214 / 127
Income statistics for all residents
Median household income in Palmer, IA in 2022:
Palmer:
$57,727
State:
$69,588
Change in median household income between 2000 and 2022:
Palmer, Iowa:
+130.9%
Iowa:
+76.3%
Number of households with income < $10k:
Palmer:
3.9% (3)
State:
4.3% (57,792)
Number of households with income $10k - 20k:
Palmer:
15.8% (12)
State:
7.1% (94,476)
Number of households with income $20k - 30k:
Palmer:
5.3% (4)
State:
7.5% (99,451)
Number of households with income $30k - 40k:
Palmer:
2.6% (2)
State:
7.9% (105,366)
Number of households with income $40k - 50k:
Palmer:
7.9% (6)
State:
8.3% (110,374)
Number of households with income $50k - 60k:
Palmer:
21.1% (16)
State:
8.0% (106,753)
Number of households with income $60k - 75k:
Palmer:
10.5% (8)
State:
10.3% (137,637)
Number of households with income $75k - 100k:
Palmer:
5.3% (4)
Iowa:
14.2% (188,515)
Number of households with income $100k - 125k:
Palmer:
26.3% (20)
Iowa:
10.3% (136,469)
Number of households with income $125k - 150k:
Palmer:
0.0% (0)
State:
7.1% (94,270)
Number of households with income $150k - 200k:
Palmer:
1.3% (1)
Iowa:
7.8% (103,165)
Number of households with income > $200k:
Palmer:
0.0% (0)
State:
7.3% (96,727)
Aggregate household income in Palmer in 2022: $5,040,877
Median family income in Palmer in 2022:
Palmer:
$67,865
State:
$90,851
Number of families with income $10k - 20k:
Palmer:
22.6% (6)
State:
3.2% (26,365)
Number of families with income $40k - 50k:
Palmer:
15.2% (4)
State:
6.8% (55,757)
Number of families with income $50k - 60k:
Palmer:
7.3% (2)
State:
6.7% (55,443)
Number of families with income $60k - 75k:
Palmer:
22.2% (6)
State:
10.2% (83,983)
Number of families with income $75k - 100k:
Palmer:
7.5% (2)
State:
16.5% (135,546)
Number of families with income $100k - 125k:
Palmer:
21.4% (6)
Iowa:
13.2% (108,552)
Number of families with income $150k - 200k:
Palmer:
3.8% (1)
State:
11.0% (90,640)
Median income for 2 person families:
Palmer:
$82,904
Iowa:
$80,287
Median non-family income in Palmer in 2022:
Palmer:
$57,667
Iowa:
$41,504
Median per capita income in Palmer in 2022:
Palmer:
$39,720
Iowa:
$38,917
Change in median per capita income between 2000 and 2022:
Palmer, Iowa:
+123.5%
State:
+97.8%
Income statistics for White residents
Median household income in Palmer, IA in 2022:
Palmer:
$58,645
State:
$71,725
Change in median household income between 2000 and 2022:
Palmer, Iowa:
+134.6%
State:
+79.7%
Number of households with income < $10k:
Palmer:
4.2% (3)
State:
4.0% (47,459)
Number of households with income $10k - 20k:
Palmer:
16.7% (12)
Iowa:
6.7% (78,901)
Number of households with income $20k - 30k:
Palmer:
5.6% (4)
Iowa:
7.1% (83,759)
Number of households with income $30k - 40k:
Palmer:
2.8% (2)
State:
7.7% (90,779)
Number of households with income $40k - 50k:
Palmer:
2.8% (2)
State:
8.0% (93,777)
Number of households with income $50k - 60k:
Palmer:
22.2% (16)
State:
8.0% (94,176)
Number of households with income $60k - 75k:
Palmer:
11.1% (8)
State:
10.5% (123,053)
Number of households with income $75k - 100k:
Palmer:
5.6% (4)
State:
14.4% (168,483)
Number of households with income $100k - 125k:
Palmer:
27.8% (20)
State:
10.6% (124,515)
Number of households with income $125k - 150k:
Palmer:
0.0% (0)
State:
7.4% (87,043)
Number of households with income $150k - 200k:
Palmer:
1.4% (1)
State:
7.8% (91,953)
Number of households with income > $200k:
Palmer:
0.0% (0)
State:
7.6% (88,587)
Aggregate household income in Palmer in 2022: $4,813,634
Median family income in Palmer in 2022:
Palmer:
$69,340
State:
$93,591
Number of families with income $10k - 20k:
Palmer:
24.2% (6)
State:
2.7% (19,465)
Number of families with income $40k - 50k:
Palmer:
4.3% (1)
Iowa:
6.3% (45,169)
Number of families with income $50k - 60k:
Palmer:
8.4% (2)
Iowa:
6.7% (48,577)
Number of families with income $60k - 75k:
Palmer:
25.6% (6)
Iowa:
10.4% (75,030)
Number of families with income $75k - 100k:
Palmer:
8.4% (2)
State:
16.7% (120,450)
Number of families with income $100k - 125k:
Palmer:
24.8% (6)
Iowa:
13.8% (99,746)
Number of families with income $150k - 200k:
Palmer:
4.3% (1)
State:
11.3% (81,189)
Median non-family income in Palmer in 2022:
Palmer:
$57,719
State:
$41,981
Median per capita income in Palmer in 2022:
Palmer:
$43,891
State:
$41,266
Income statistics for Hispanic or Latino residents
Median per capita income in Palmer in 2022:
Palmer:
$10,040
State:
$23,112
Discuss Palmer, Iowa (IA) on our hugely popular Iowa forum.
