Palmer, IA Profile: Facts & Data

Palmer, Iowa - Basic Facts

The City of Palmer had a population of 144 as of July 1, 2024.

The primary coordinate point for Palmer is located at latitude 42.6305 and longitude -94.6005 in Pocahontas County. The formal boundaries for the City of Palmer encompass a land area of 0.42 sq. miles and a water area of 0 sq. miles. Pocahontas County is in the Central time zone (GMT -6).

The City of Palmer has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Palmer is located within Township of Bellville, a minor civil division (MCD) of Pocahontas County.

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Palmer, IA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	144 (100%)
Population in Households	144 (100.0%)
Population in Families	124 (86.1%)
Population in Group Quarters¹	0
Population Density	340
Diversity Index²	13


INCOME
Median Household Income	$82,146
Average Household Income	$90,414
% of Income for Mortgage⁴	13%
Per Capita Income	$41,440
Wealth Index⁵	80
Socioeconomic Status Index⁶	Moderate (57.1)

HOUSING
Total HU (Housing Units)	95 (100%)
Owner Occupied HU	61 (64.2%)
Renter Occupied HU	5 ( 5.3%)
Vacant Housing Units	29 (30.5%)
Median Home Value	$175,000
Average Home Value	$224,590
Housing Affordability Index³	181

HOUSEHOLDS
Total Households	66
Average Household Size	2.18
Family Households	47
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

95 (100%)

Owner Occupied HU

61 (64.2%)

Renter Occupied HU

5 ( 5.3%)

Vacant Housing Units

29 (30.5%)

Median Home Value

$175,000

Average Home Value

$224,590

Housing Affordability Index³

181

HOUSEHOLDS

Total Households

Average Household Size

2.18

Family Households

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	1.01%	-0.56%
Households	-1.37%	-0.61%
Families		-2.69%
Median Household Income		-0.31%
Per Capita Income		2.04%
Owner Occupied HU		-1.35%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

1.01%

-0.56%

Households

-1.37%

-0.61%

Families

-2.69%

Median Household Income

-0.31%

Per Capita Income

2.04%

Owner Occupied HU

-1.35%

Palmer, IA - Peer Comparisons by Rank and Percentile

The table below compares Palmer to the other 1,026 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 766	26th
Population Density	# 717	30th
Median Household Income	# 333	68th
Housing Affordability Index	# 852	83rd
Per Capita Income	# 474	54th
Diversity Index	# 661	36th

Variable Description

Rank

Percentile

Total Population

# 766

26th

Population Density

# 717

30th

Median Household Income

# 333

68th

Housing Affordability Index

# 852

83rd

Per Capita Income

# 474

54th

Diversity Index

# 661

36th

Iowa Census Data Comparison Tool

Palmer, IA Profile: Facts & Data

Palmer, Iowa - Basic Facts

Palmer, IA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Palmer, IA - Peer Comparisons by Rank and Percentile

Palmer, IA - Most Popular Things to Do

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Pocahontas County