Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 53.1 yrs |
|---|---|
| Avg HH Size | 2.22 |
| Below Poverty | 8.3% ▼ 17% below avg |
| College Grads | 36.5% ≈ Avg |
| Unemployment | 4.1% ▼ 17% below avg |
| No HS Diploma | 251 (3.8%) |
| HS Graduate | 2,180 (33.2%) |
| Some College | 906 (13.8%) |
| Associates | 836 (12.7%) |
| Bachelors | 688 (10.5%) |
| Graduate Degree | 1,713 (26.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,725 ≈ Avg |
|---|---|
| Median Home Value | $251,300 ▼ 10% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $929/mo |
| Total Housing Units | 4,192 |
| Vacant Units | 156 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palmer is a city in Massachusetts, located in Hampden County. The city spans 1 ZIP code and is home to approximately 9,077 residents. It is a mature city, with a median age of 53.1 years.
Economically, Palmer is a middle-income community. The median household income of $79,725 is near the national average. Approximately 8.3% of residents live below the poverty line. The unemployment rate is 4.1%, below the national average.
The real estate market in Palmer is a mid-range housing market. Median home values stand at $251,300, which is near the national average. Renters typically pay around $929 per month. Homeownership is high at 74.0%, typical of suburban and family-oriented communities.
The population of Palmer is moderately educated. 36.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (82.91%).
Palmer, MA offers residents above-average earning potential within Massachusetts.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 01069 | 9,077 | $79,725 | $251,300 | $929 | 4.1% | 36.5% | 74.0% |