Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.2 yrs |
|---|---|
| Avg HH Size | 3.12 |
| Below Poverty | 19.0% ▲ 90% above avg |
| College Grads | 18.2% ▼ 53% below avg |
| Unemployment | 1.6% ▼ 68% below avg |
| No HS Diploma | 19 (1.9%) |
| HS Graduate | 361 (36.2%) |
| Some College | 261 (26.2%) |
| Associates | 175 (17.6%) |
| Bachelors | 79 (7.9%) |
| Graduate Degree | 102 (10.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,962 ▼ 33% below avg |
|---|---|
| Median Home Value | $97,600 ▼ 65% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $552/mo |
| Total Housing Units | 662 |
| Vacant Units | 108 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palmer is a city in Tennessee, located in Grundy County. The city spans 1 ZIP code and is home to approximately 1,729 residents. It is a mature city, with a median age of 46.2 years.
Economically, Palmer is a working-class community. The median household income of $50,962 is below the national average. Approximately 19.0% of residents live below the poverty line. The unemployment rate is 1.6%, 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 $97,600, which is well below the national average. Renters typically pay around $552 per month. Homeownership is high at 92.1%, typical of suburban and family-oriented communities.
The population of Palmer is less-educated. 18.2% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (96.7%).
Palmer, TN offers residents a cost-conscious lifestyle within Tennessee.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 37365 | 1,729 | $50,962 | $97,600 | $552 | 1.6% | 18.2% | 92.1% |