Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.4 yrs |
|---|---|
| Avg HH Size | 2.43 |
| Below Poverty | 3.2% ▼ 68% below avg |
| College Grads | 39.5% ≈ Avg |
| Unemployment | 0.2% ▼ 97% below avg |
| No HS Diploma | 1 (0.1%) |
| HS Graduate | 275 (37.9%) |
| Some College | 77 (10.6%) |
| Associates | 86 (11.8%) |
| Bachelors | 106 (14.6%) |
| Graduate Degree | 181 (24.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,440 ≈ Avg |
|---|---|
| Median Home Value | $134,800 ▼ 52% below avg |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $963/mo |
| Total Housing Units | 499 |
| Vacant Units | 60 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palmer is a city in Nebraska, located in Merrick County. The city spans 1 ZIP code and is home to approximately 1,065 residents. It is a middle-aged city, with a median age of 42.4 years.
Economically, Palmer is a middle-income community. The median household income of $77,440 is near the national average. Approximately 3.2% of residents live below the poverty line. The unemployment rate is 0.2%, 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 $134,800, which is well below the national average. Renters typically pay around $963 per month. Homeownership is high at 86.6%, typical of suburban and family-oriented communities.
The population of Palmer is moderately educated. 39.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.65%).
Palmer, NE offers residents above-average earning potential within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68864 | 1,065 | $77,440 | $134,800 | $963 | 0.2% | 39.5% | 86.6% |