Palmer village, Illinois Demographics & Population 2026
As of 2026, Palmer village, Illinois has a total population of 233, the 1160th largest city in Illinois, with a median household income of $52,917, which is 35% lower than the state average. The poverty rate is 13.7%.
Key Takeaways
- Household income is 35% below the state average, indicating significant economic challenges.
- Only 6.2% of adults have a bachelor's degree, well below the national average of 35.0%.
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
- Near full employment with an unemployment rate of just 0.9%.
Palmer village Quick Facts
How Palmer village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Palmer village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Palmer village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Middletown village | 236 | $52,857 | $66,300 | 11.3% | 32.8% |
| Taylor Ridge CDP | 237 | N/A | $162,500 | 23.0% | 0.0% |
| Raleigh village | 238 | $52,083 | $70,600 | 10.1% | 13.9% |
| Compton village | 222 | $52,321 | $75,900 | 6.8% | 13.2% |
| Cabery village | 219 | $54,375 | $96,700 | 8.3% | 22.8% |
Population Overview
Palmer village is a small community located in Illinois. The total population is 233. It ranks as the 1160th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Palmer village is 50.2 years. This is 29% higher than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Palmer village is $52,917. This is 35% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 33% lower. The poverty rate stands at 13.7%. This is 17% higher than the state poverty rate of 11.7%. The unemployment rate is 0.9%. This is 84% lower than the state rate of 5.8%. The median home value is $80,400. Housing costs are 68% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.5x, Palmer village is one of the most affordable housing markets in the area. 89.9% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 66.8%.
Race & Ethnicity
Palmer village has a predominantly White (non-Hispanic) population, comprising 99.6% of all residents. The White (non-Hispanic) population is significantly higher than the state average (99.6% vs 58.8%).
Education
6.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 83% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.4%.
Data Sources & Methodology
All demographic data for Palmer village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Palmer village, Illinois?
Palmer village, Illinois has a population of 233 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palmer village, IL?
The median household income in Palmer village is $52,917, which is 33% lower the national median of $78,538.
What is the poverty rate in Palmer village, IL?
The poverty rate in Palmer village is 13.7%. This means approximately 32 residents live below the federal poverty line.
What is the racial makeup of Palmer village, Illinois?
Palmer village's population is 99.6% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Palmer village, IL?
The median home value in Palmer village is $80,400. The home-value-to-income ratio is 1.5x.
How educated is Palmer village, Illinois?
6.2% of adults (25+) in Palmer village hold a bachelor's degree or higher, and 1.1% hold a graduate or professional degree.