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The total population of Palmer is estimated to be 6,091 with 3,110 males (51.06%) and 2,981 females (48.94%). There are 129 less females than males in Palmer.
The median household income in Palmer was $67,090 in 2021, which marked an a decrease of 1,075(1.58%) from $68,165 in 2020. This income is 89.93% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Palmer sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,731. Overall, the median household income for the city of Palmer stands at $67,090.
In Palmer, the median income for all workers aged 15 years and older, regardless of work hours, was $43,089 for males and $22,613 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,013 for males and $52,965 for females.
In Palmer, the demographic landscape is diverse, spanning 7 distinct racial categories among households. Among these, Native Hawaiian and Other Pacific Islander households have the highest median household income at $146,695, while Asian households represent the opposite end with the lowest median household income of $29,274.
In 2022, the population of Palmer was 6,304, a 2.47% increase year-by-year from 2021. Previously, in 2021, Palmer's population was 6,152, an increase of 3.66% compared to a population of 5,935 in 2020.
The median age in Palmer, AK is 30.5, as per 2021 ACS 5-Year Estimates. Of the total population, 22.10% were under the age of 15, 27.17% aged 15 to 29, 39.01% aged 30 to 64, 10.51% aged 65 to 84, and 1.22% were 85 years of age and older.
Racial distribution of Palmer population: 72.38% are White, 3.50% are Black or African American, 8.75% are American Indian and Alaska Native, 1.30% are Asian, 2.07% are Native Hawaiian and other Pacific Islander, 1.74% are some other race and 10.25% are multiracial.