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ZipNumbers

Alaska · Census place 58660

Palmer city, AK

Quick answer

Palmer city has 6,141 residents, ranking #18 of 355 places in Alaska. Median household income is $70,550, the median home is worth $275,900 and median gross rent runs $1,134 a month.

Population
6,141Palmer city residents
Median household income
$70,550Past 12 months, inflation adjusted
Median home value
$275,900Owner-occupied units
Median gross rent
$1,134Rent plus utilities, monthly
Median age
32.9 yrsAll residents
Homeownership rate
62.4%Owner-occupied households

What the numbers mean in Palmer city

Housing cost measured against local earnings.

A household earning the Palmer city median would spend about 19.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11% of residents and 62.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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