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The total population of Palmer Town is estimated to be 12,422 with 6,348 males (51.10%) and 6,074 females (48.90%). There are 274 less females than males in Palmer Town.
The median household income in Palmer Town was $75,761 in 2021, which marked an a decrease of 2,079(2.67%) from $77,840 in 2020. This income is 101.55% 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 Town sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,533. Overall, the median household income for the city of Palmer Town stands at $75,761.
In Palmer Town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,728 for males and $39,106 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,956 for males and $54,239 for females.
In Palmer Town, there are just three different racial groups among households. Among these, Two or More Races households report a median household income of $87,284, followed by Black or African American households at $79,897, and White households with a median household income of $67,402.
In 2022, the population of Palmer Town was 12,337, a 0.38% decrease year-by-year from 2021. Previously, in 2021, Palmer Town's population was 12,384, a decline of 0.31% compared to a population of 12,422 in 2020.
The median age in Palmer Town, MA is 46.8, as per 2021 ACS 5-Year Estimates. Of the total population, 14.52% were under the age of 15, 18.63% aged 15 to 29, 48.29% aged 30 to 64, 16.41% aged 65 to 84, and 2.16% were 85 years of age and older.
Racial distribution of Palmer Town population: 86.60% are White, 2.65% are Black or African American, 1.70% are Asian, 2.86% are some other race and 6.18% are multiracial.