The median household income in Palmer, TN in 2022 was $43,167, which was 51.2% less than the median annual income of $65,254 across the entire state of Tennessee. Compared to the median income of $19,167 in 2000 this represents an increase of 55.6%. The per capita income in 2022 was $18,514, which means an increase of 44.6% compared to 2000 when it was $10,251.
Whole page based on the data from 2000 / 2022 when the population of Palmer, Tennessee was 726 / 898
Income statistics for all residents
Median household income in Palmer, TN in 2022:
Palmer:
$43,167
Tennessee:
$65,254
Change in median household income between 2000 and 2022:
Palmer, Tennessee:
+125.2%
State:
+79.5%
Number of households with income < $10k:
Palmer:
5.0% (15)
State:
5.4% (154,793)
Number of households with income $10k - 20k:
Palmer:
22.1% (66)
Tennessee:
8.0% (228,599)
Number of households with income $20k - 30k:
Palmer:
14.4% (43)
State:
7.9% (224,908)
Number of households with income $30k - 40k:
Palmer:
4.0% (12)
State:
8.6% (244,297)
Number of households with income $40k - 50k:
Palmer:
10.1% (30)
State:
8.4% (238,949)
Number of households with income $50k - 60k:
Palmer:
22.1% (66)
Tennessee:
7.7% (218,438)
Number of households with income $60k - 75k:
Palmer:
10.1% (30)
Tennessee:
10.3% (294,172)
Number of households with income $75k - 100k:
Palmer:
3.4% (10)
State:
13.3% (377,310)
Number of households with income $100k - 125k:
Palmer:
3.4% (10)
State:
9.5% (269,124)
Number of households with income $125k - 150k:
Palmer:
1.0% (3)
State:
6.3% (178,328)
Number of households with income $150k - 200k:
Palmer:
3.7% (11)
State:
7.2% (204,030)
Number of households with income > $200k:
Palmer:
0.7% (2)
State:
7.5% (213,736)
Aggregate household income in Palmer in 2022: $14,783,212
Median family income in Palmer in 2022:
Palmer:
$49,314
State:
$80,910
Number of families with income < $10k:
Palmer:
4.0% (8)
Tennessee:
3.9% (72,917)
Number of families with income $10k - 20k:
Palmer:
12.3% (25)
State:
4.0% (73,770)
Number of families with income $20k - 30k:
Palmer:
19.5% (40)
State:
5.6% (104,070)
Number of families with income $30k - 40k:
Palmer:
6.1% (13)
State:
7.2% (133,292)
Number of families with income $40k - 50k:
Palmer:
9.8% (20)
State:
7.4% (136,997)
Number of families with income $50k - 60k:
Palmer:
19.6% (40)
Tennessee:
7.1% (131,374)
Number of families with income $60k - 75k:
Palmer:
14.3% (30)
Tennessee:
10.8% (198,685)
Number of families with income $75k - 100k:
Palmer:
2.5% (5)
Tennessee:
15.1% (279,195)
Number of families with income $100k - 125k:
Palmer:
5.0% (10)
State:
11.7% (216,356)
Number of families with income $125k - 150k:
Palmer:
1.5% (3)
Tennessee:
7.8% (144,000)
Number of families with income $150k - 200k:
Palmer:
5.4% (11)
Tennessee:
9.3% (172,160)
Median non-family income in Palmer in 2022:
Palmer:
$18,316
State:
$40,285
Change in median non-family income between 2000 and 2022:
Palmer, Tennessee:
+71.7%
Tennessee:
+91.5%
Median per capita income in Palmer in 2022:
Palmer:
$18,515
Tennessee:
$36,704
Change in median per capita income between 2000 and 2022:
Palmer, Tennessee:
+80.6%
Tennessee:
+89.3%
Income statistics for White residents
Median household income in Palmer, TN in 2022:
Palmer:
$47,772
State:
$69,826
Number of households with income < $10k:
Palmer:
4.5% (13)
State:
4.6% (100,279)
Number of households with income $10k - 20k:
Palmer:
22.9% (66)
State:
7.6% (165,031)
Number of households with income $20k - 30k:
Palmer:
13.5% (39)
State:
7.4% (160,229)
Number of households with income $30k - 40k:
Palmer:
4.2% (12)
State:
8.1% (174,784)
Number of households with income $40k - 50k:
Palmer:
9.7% (28)
State:
7.8% (169,622)
Number of households with income $50k - 60k:
Palmer:
22.9% (66)
State:
7.6% (165,508)
Number of households with income $60k - 75k:
Palmer:
10.1% (29)
State:
10.3% (223,937)
Number of households with income $75k - 100k:
Palmer:
3.1% (9)
State:
13.5% (292,688)
Number of households with income $100k - 125k:
Palmer:
3.5% (10)
Tennessee:
10.1% (219,251)
Number of households with income $125k - 150k:
Palmer:
1.0% (3)
Tennessee:
6.6% (142,574)
Number of households with income $150k - 200k:
Palmer:
3.8% (11)
State:
7.7% (166,039)
Number of households with income > $200k:
Palmer:
0.7% (2)
Tennessee:
8.5% (184,546)
Aggregate household income in Palmer in 2022: $14,467,582
Median family income in Palmer in 2022:
Palmer:
$49,508
State:
$86,015
Number of families with income < $10k:
Palmer:
4.1% (8)
Tennessee:
3.1% (43,751)
Number of families with income $10k - 20k:
Palmer:
12.7% (25)
Tennessee:
3.5% (49,925)
Number of families with income $20k - 30k:
Palmer:
18.7% (37)
State:
5.0% (70,431)
Number of families with income $30k - 40k:
Palmer:
6.0% (12)
State:
6.6% (93,498)
Number of families with income $40k - 50k:
Palmer:
9.3% (19)
State:
6.8% (96,726)
Number of families with income $50k - 60k:
Palmer:
20.2% (40)
Tennessee:
7.2% (101,879)
Number of families with income $60k - 75k:
Palmer:
14.5% (29)
Tennessee:
10.7% (151,997)
Number of families with income $75k - 100k:
Palmer:
2.5% (5)
State:
15.4% (218,373)
Number of families with income $100k - 125k:
Palmer:
5.1% (10)
State:
12.6% (178,761)
Number of families with income $125k - 150k:
Palmer:
1.5% (3)
Tennessee:
8.2% (116,575)
Number of families with income $150k - 200k:
Palmer:
5.3% (11)
State:
9.9% (141,123)
Median non-family income in Palmer in 2022:
Palmer:
$18,309
Tennessee:
$41,178
Change in median non-family income between 2000 and 2022:
Palmer, Tennessee:
+71.6%
Tennessee:
+91.1%
Median per capita income in Palmer in 2022:
Palmer:
$19,872
State:
$40,126
Change in median per capita income between 2000 and 2022:
Palmer, Tennessee:
+94.3%
State:
+92.6%
Income statistics for Multirace residents
Aggregate household income in Palmer in 2022: $2,930,278
Median per capita income in Palmer in 2022:
Palmer:
$1,799
State:
$24,436
Change in median per capita income between 2000 and 2022:: -84.3%
Palmer, Tennessee:
-84.3%
State:
+84.3%
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