Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.9 yrs |
|---|---|
| Avg HH Size | 1.71 |
| Below Poverty | 5.0% ▼ 50% below avg |
| College Grads | 2.7% ▼ 93% below avg |
| Unemployment | 6.7% ▲ 36% above avg |
| No HS Diploma | 3 (2.1%) |
| HS Graduate | 65 (44.5%) |
| Some College | 64 (43.8%) |
| Associates | 10 (6.8%) |
| Bachelors | 2 (1.4%) |
| Graduate Degree | 2 (1.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $78,594 ≈ Avg |
|---|---|
| Median Home Value | $112,100 ▼ 60% below avg |
| Home/Income Ratio | 1.4x (nat avg ~3.5x) |
| Median Rent | $938/mo |
| Total Housing Units | 163 |
| Vacant Units | 58 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palermo is a city in North Dakota, located in Mountrail County. The city spans 1 ZIP code and is home to approximately 180 residents. It is a mature city, with a median age of 45.9 years.
Economically, Palermo is a middle-income community. The median household income of $78,594 is near the national average. Approximately 5.0% of residents live below the poverty line. The unemployment rate is 6.7%, above the national average.
The real estate market in Palermo is one of the more affordable housing markets in the country. Median home values stand at $112,100, which is well below the national average. Renters typically pay around $938 per month. Homeownership is high at 68.6%, typical of suburban and family-oriented communities.
The population of Palermo is less-educated. 2.7% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (98.33%).
Palermo, ND offers residents above-average earning potential within North Dakota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 58769 | 180 | $78,594 | $112,100 | $938 | 6.7% | 2.7% | 68.6% |