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Palmer village, Nebraska Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Palmer village, Nebraska has a total population of 446, the 226th largest city in Nebraska, with a median household income of $54,861, which is 27% lower than the state average. The poverty rate is 6.5%.

Key Takeaways

Palmer village Quick Facts

Population 446
Median Household Income $54,861
Median Home Value $102,900
Poverty Rate 6.5%
Unemployment Rate 0.4%
Median Age 38.3 years
Homeownership Rate 85.6%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 17.2%
High School Graduation Rate 96.8%
Diversity Index 11/100
Population 446 226th of 584
Median Income $54,861 below average
Poverty Rate 6.5% 48% lower national
Median Home Value $102,900 average

How Palmer village Compares

Economy & Housing

Employment

0.4% Unemployment Rate State: 3.0% | National: 5.2%
76.0% Labor Force Participation

Housing Overview

Owner 85.6%
Renter 14.4%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Palmer village Rankings in Nebraska

#226 Population of 584
#371 Median Income of 584
#327 Education of 584
#282 Home Value of 584

Cities Similar to Palmer village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Allen village447$53,125$111,60016.8%16.9%
Hildreth village444$57,500$121,40024.0%7.9%
Dodge village448$60,000$115,60015.8%3.6%
Chambers village418$54,167$83,80033.2%6.5%
Nelson city478$54,408$72,90018.8%7.8%

Population Overview

Palmer village is a small community located in Nebraska. The total population is 446. It ranks as the 226th most populous out of 584 cities and towns in Nebraska.

Age Demographics

The median age in Palmer village is 38.3 years. This is 3% higher than the state median of 37.1 years.

Economy, Income & Housing

The median household income in Palmer village is $54,861. This is 27% lower than the state median of $74,985. Compared to the national median of $78,538, household income here is 30% lower. The poverty rate stands at 6.5%. This is 37% lower than the state poverty rate of 10.3%. The unemployment rate is 0.4%. This is 88% lower than the state rate of 3.0%. The median home value is $102,900. Housing costs are 54% lower than the state median of $223,800. With a home-value-to-income ratio of just 1.9x, Palmer village is one of the most affordable housing markets in the area. 85.6% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 66.5%.

Race & Ethnicity

Palmer village has a predominantly White (non-Hispanic) population, comprising 94.4% of all residents. Hispanic or Latino residents account for 2.0%. The Hispanic or Latino population (2.0%) is well below the state average of 12.3%.

Education

17.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 34.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.8%.

Data Sources & Methodology

All demographic data for Palmer village, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 584 Census-designated places in Nebraska. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Palmer village, Nebraska?

Palmer village, Nebraska has a population of 446 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmer village, NE?

The median household income in Palmer village is $54,861, which is 30% lower the national median of $78,538.

What is the poverty rate in Palmer village, NE?

The poverty rate in Palmer village is 6.5%. This means approximately 29 residents live below the federal poverty line.

What is the racial makeup of Palmer village, Nebraska?

Palmer village's population is 94.4% White, 0.0% Black, 2.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palmer village, NE?

The median home value in Palmer village is $102,900. The home-value-to-income ratio is 1.9x.

How educated is Palmer village, Nebraska?

17.2% of adults (25+) in Palmer village hold a bachelor's degree or higher, and 8.1% hold a graduate or professional degree.