Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.7 yrs |
|---|---|
| Avg HH Size | 2.48 |
| Below Poverty | 7.9% ▼ 22% below avg |
| College Grads | 24.4% ▼ 37% below avg |
| Unemployment | 0.7% ▼ 85% below avg |
| No HS Diploma | 2 (0.6%) |
| HS Graduate | 173 (49%) |
| Some College | 40 (11.3%) |
| Associates | 52 (14.7%) |
| Bachelors | 41 (11.6%) |
| Graduate Degree | 45 (12.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $73,611 ≈ Avg |
|---|---|
| Median Home Value | $175,000 ▼ 37% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $875/mo |
| Total Housing Units | 388 |
| Vacant Units | 172 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palms is a city in Michigan, located in Sanilac County. The city spans 1 ZIP code and is home to approximately 535 residents. It is a mature city, with a median age of 48.7 years.
Economically, Palms is a solidly middle-class community. The median household income of $73,611 is near the national average. Approximately 7.9% of residents live below the poverty line. The unemployment rate is 0.7%, well below the national average.
The real estate market in Palms is an affordable housing market. Median home values stand at $175,000, which is below the national average. Renters typically pay around $875 per month. Homeownership is high at 88.0%, typical of suburban and family-oriented communities.
The population of Palms is less-educated. 24.4% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (95.33%).
Palms, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48465 | 535 | $73,611 | $175,000 | $875 | 0.7% | 24.4% | 88.0% |