Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.8 yrs |
|---|---|
| Avg HH Size | 2.55 |
| Below Poverty | 8.8% ▼ 12% below avg |
| College Grads | 18.7% ▼ 52% below avg |
| Unemployment | 0.6% ▼ 88% below avg |
| No HS Diploma | 7 (2.5%) |
| HS Graduate | 159 (57.2%) |
| Some College | 44 (15.8%) |
| Associates | 16 (5.8%) |
| Bachelors | 22 (7.9%) |
| Graduate Degree | 30 (10.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,327 ▼ 29% below avg |
|---|---|
| Median Home Value | $83,800 ▼ 70% below avg |
| Home/Income Ratio | 1.5x (nat avg ~3.5x) |
| Median Rent | $719/mo |
| Total Housing Units | 150 |
| Vacant Units | 7 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palmer is a city in Illinois, located in Christian County. The city spans 1 ZIP code and is home to approximately 365 residents. It is a mature city, with a median age of 50.8 years.
Economically, Palmer is a working-class community. The median household income of $54,327 is below the national average. Approximately 8.8% of residents live below the poverty line. The unemployment rate is 0.6%, well below the national average.
The real estate market in Palmer is one of the more affordable housing markets in the country. Median home values stand at $83,800, which is well below the national average. Renters typically pay around $719 per month. Homeownership is high at 90.2%, typical of suburban and family-oriented communities.
The population of Palmer is less-educated. 18.7% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (99.73%).
Palmer, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62556 | 365 | $54,327 | $83,800 | $719 | 0.6% | 18.7% | 90.2% |