Palmer, IA Employment - Median Household Income, Unemployment Rate

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C-

17%

Income/capita NAT. AVG.

14%

Household income NAT. AVG.

100%

Unemployment NAT. AVG.

Index	Palmer	Iowa	National
Income per capita	$37,337	$42,672	$44,883
Median household income	$69,834	$81,387	$81,333
Median income owner occupied	$77,475	$98,724	$106,172
Median income renter occupied	$23,522	$45,890	$52,080
Median earnings male	$73,705	$54,047	$54,343
Median earnings female	$24,297	$36,462	$38,439
Unemployment rate	0.0%	3.2%	4.9%
Poverty level	24.7%	12.3%	15.1%

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Key findings

The income per capita in Palmer is 17% lower than the national average
The median household income in Palmer is 14% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Palmer is 100% lower than the national average
The poverty level in Palmer is 63% higher than the national average

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am i middle class

$46,551 $69,834 $139,668

City

$54,252 $81,387 $162,774

State

$54,216 $81,333 $162,666

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.

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Palmer median earnings by income bracket

Palmer employment by industry

Labour Type	Male	Female
Construction industry	8.3%	8.3%
Manufacturing sector	11.1%	11.1%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	2.8%	2.8%
Public administration	5.6%	5.6%
Transportation, warehousing & utilities	52.8%	52.8%
Education, health & social services	2.8%	2.8%
Other	16.7%	16.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Twin Lakes, IA	318	$155,372	91.0%
Knierim, IA	58	$110,616	36.0%
Barnum, IA	329	$106,171	30.5%
Fonda, IA	556	$89,315	9.8%
Clare, IA	148	$83,884	3.1%
Palmer, IA	153	$69,834	14.1%

Cities with similar population

City	Population	Household Income	National Avg.
Port Graham, AK	153	$62,944	22.6%
Day, FL	153	$106,441	30.9%
Rutland, IA	153	$82,790	1.8%
Salamonia, IN	153	$68,306	16.0%
Corning, KS	153	$99,005	21.7%
Palmer, IA	153	$69,834	14.1%

Source: The Palmer, IA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.