Palmer, AK Employment - Median Household Income, Unemployment Rate

Palmer employment information

Index	Palmer	Alaska	National
Income per capita	$26,259	$34,191	$29,829
Median household income	$59,718	$74,444	$55,322
Median income owner occupied	$76,307	$90,966	$70,586
Median income renter occupied	$34,757	$51,397	$35,192
Median earnings male	$36,707	$42,898	$36,919
Median earnings female	$23,889	$30,988	$26,250
Unemployment rate	6.6%	5.3%	4.7%
Poverty level	11.1%	10.1%	15.1%

The Palmer, AK employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Palmer is $26,259, which is 23% lower than than the Alaska average and 12% lower than than the national average. The median household income is $59,718, which is 20% lower than than the Alaska average and 8% higher than than the national average. The unemployment rate in Palmer is 7%, which is 42% higher than than the national average. The poverty rate in Palmer is 11% which is 26% lower than than the national average.

am i middle class

$39,808$59,718$119,436

City

$49,624$74,444$148,888

State

$36,877$55,322$110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

Did you know?

The income per capita in Palmer is 12% lower than the national average.
The median household income in Palmer is 8% higher than the national average.
Male median earnings are 41% higher than female median earnings.
The unemployment rate in Palmer is 42% higher than the national average.
The poverty level in Palmer is 26% lower than the national average.

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Employment status

Hours worked per week

Palmer median earnings by income bracket

Palmer employment by industry

Labour Type	Male	Female
Construction industry	16.0%	0.8%
Manufacturing sector	2.9%	2.4%
Financial & insurance services	1.4%	2.0%
Wholesale & retail services	18.9%	16.8%
Public administration	10.3%	10.9%
Transportation, warehousing & utilities	9.0%	3.3%
Education, health & social services	11.1%	34.1%
Other	27.4%	27.5%

Nearby cities with high median household income

City, State	Population	Household Income	National Avg.
Fishhook, AK	5,866	$95,030	72%
Gateway, AK	6,061	$91,538	65%
Farm Loop, AK	1,119	$88,125	59%
Lakes, AK	8,944	$84,821	53%
Tanaina, AK	9,736	$81,109	47%
Palmer, AK	6,572	$59,718	8%

Cities with similar population

City, State	Population	Household Income	National Avg.
Hillsboro, OH	6,572	$33,051	40%
Ben Lomond, CA	6,573	$68,679	24%
Carbondale, CO	6,571	$64,250	16%
Union, OH	6,569	$64,608	17%
Medfield, MA	6,575	$117,500	112%
Palmer, AK	6,572	$59,718	8%

Source: The Palmer, AK employment data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).