Palmer, IA Employment - Median Household Income, Unemployment Rate

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Key findings

The income per capita in Palmer is 15% lower than the national average
The median household income in Palmer is 16% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Palmer is 100% lower than the national average
The poverty level in Palmer is 63% higher than the national average

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am i middle class

$30,830 $46,250 $92,500

City

$36,376 $54,570 $109,140

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Palmer median earnings by income bracket

Palmer employment by industry

Labour Type	Male	Female
Construction industry	8.3%	8.3%
Manufacturing sector	11.1%	11.1%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	2.8%	2.8%
Public administration	5.6%	5.6%
Transportation, warehousing & utilities	52.8%	52.8%
Education, health & social services	2.8%	2.8%
Other	16.7%	16.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Twin Lakes, IA	308	$104,797	89.4%
Knierim, IA	57	$73,125	32.2%
Barnum, IA	323	$71,902	30.0%
Fonda, IA	542	$60,347	9.1%
Clare, IA	144	$56,964	3.0%
Palmer, IA	150	$46,250	16.4%

Cities with similar population

City	Population	Household Income	National Avg.
Deering, AK	150	$40,000	27.7%
Nightmute, AK	150	$48,333	12.6%
Port Graham, AK	150	$42,500	23.2%
Garden City, IA	150	$0	100.0%
Welton, IA	150	$46,875	15.3%
Palmer, IA	150	$46,250	16.4%

Source: The Palmer, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).

Index	Palmer	Iowa	National
Income per capita	$25,277	$28,872	$29,829
Median household income	$46,250	$54,570	$55,322
Median income owner occupied	$52,000	$66,527	$70,586
Median income renter occupied	$15,714	$30,828	$35,192
Median earnings male	$50,313	$37,409	$36,919
Median earnings female	$16,500	$25,115	$26,250
Unemployment rate	0.0%	3.1%	4.7%
Poverty level	24.7%	12.3%	15.1%