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Palmer CDP, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 1.2x is exceptionally low

As of 2026, Palmer CDP, Michigan has a total population of 342, the 608th largest city in Michigan, with a median household income of $64,000, which is 10% lower than the state average. The poverty rate is 3.5%.

Key Takeaways

Palmer CDP Quick Facts

Population 342
Median Household Income $64,000
Median Home Value $74,700
Poverty Rate 3.5%
Unemployment Rate 5.3%
Median Age 39.0 years
Homeownership Rate 91.5%
Affordability Ratio 1.2x
Bachelor's Degree or Higher 14.8%
High School Graduation Rate 93.0%
Diversity Index 12/100
Population 342 608th of 745
Median Income $64,000 average
Poverty Rate 3.5% 72% lower national
Median Home Value $74,700 bottom 10%

How Palmer CDP Compares

Economy & Housing

Employment

5.3% Unemployment Rate State: 5.8% | National: 5.2%
62.1% Labor Force Participation

Housing Overview

Owner 91.5%
Renter 8.5%
Affordability Index Very Affordable
1.2x home value to income ratio

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Palmer CDP Rankings in Michigan

#608 Population of 745
#303 Median Income of 745
#500 Education of 745
#694 Home Value of 745

Cities Similar to Palmer CDP

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Painesdale CDP353$62,436$84,80019.8%8.5%
Onekama village323N/A$182,30023.7%1.9%
Fife Lake village359$67,188$185,20024.4%6.1%
Vandalia village369$65,000$64,2006.5%5.8%
Prescott village352$55,673$71,1008.3%23.4%

Population Overview

Palmer CDP is a small community located in Michigan. The total population is 342. It ranks as the 608th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Palmer CDP is 39.0 years. This is 3% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Palmer CDP is $64,000. This is 10% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 3.5%. This is 73% lower than the state poverty rate of 13.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.3%. This is 8% lower than the state rate of 5.8%. The median home value is $74,700. Housing costs are 66% lower than the state median of $217,600. With a home-value-to-income ratio of just 1.2x, Palmer CDP is one of the most affordable housing markets in the area. 91.5% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 72.9%.

Race & Ethnicity

Palmer CDP has a predominantly White (non-Hispanic) population, comprising 93.6% of all residents.

Education

14.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.

Data Sources & Methodology

All demographic data for Palmer CDP, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Palmer CDP, Michigan?

Palmer CDP, Michigan has a population of 342 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmer CDP, MI?

The median household income in Palmer CDP is $64,000, which is 19% lower the national median of $78,538.

What is the poverty rate in Palmer CDP, MI?

The poverty rate in Palmer CDP is 3.5%. This means approximately 12 residents live below the federal poverty line.

What is the racial makeup of Palmer CDP, Michigan?

Palmer CDP's population is 93.6% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palmer CDP, MI?

The median home value in Palmer CDP is $74,700. The home-value-to-income ratio is 1.2x.

How educated is Palmer CDP, Michigan?

14.8% of adults (25+) in Palmer CDP hold a bachelor's degree or higher, and 0.8% hold a graduate or professional degree.