Palmer town, Tennessee Demographics & Population 2026
As of 2026, Palmer town, Tennessee has a total population of 734, the 341st largest city in Tennessee, with a median household income of $41,250, which is 39% lower than the state average. The poverty rate is 23.6%.
Key Takeaways
- Household income is 39% below the state average, indicating significant economic challenges.
- Only 2.6% 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 2.1x.
Palmer town Quick Facts
How Palmer town 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: 46 | National average: 60
Education
Educational Attainment (Adults 25+)
Palmer town Rankings in Tennessee
Explore Tennessee Rankings
Cities Similar to Palmer town
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bethel Springs town | 746 | $40,592 | $110,800 | 6.9% | 15.7% |
| Hollow Rock town | 701 | $41,125 | $95,600 | 12.6% | 22.0% |
| Middleton city | 752 | $43,295 | $140,600 | 15.4% | 24.6% |
| Niota city | 735 | $46,188 | $112,500 | 9.6% | 10.5% |
| Russellville CDP | 719 | $47,214 | $96,000 | 29.9% | 14.3% |
Population Overview
Palmer town is a small community located in Tennessee. The total population is 734. It ranks as the 341st most populous out of 504 cities and towns in Tennessee.
Age Demographics
The median age in Palmer town is 44.2 years. This is 14% higher than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Palmer town is $41,250. This is 39% lower than the state median of $67,097. Compared to the national median of $78,538, household income here is 47% lower. The poverty rate stands at 23.6%. This is 71% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 3.9%. This is 19% lower than the state rate of 4.7%. The median home value is $86,500. Housing costs are 66% lower than the state median of $256,800. With a home-value-to-income ratio of just 2.1x, Palmer town is one of the most affordable housing markets in the area. 85.9% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 67.0%.
Race & Ethnicity
Palmer town has a predominantly White (non-Hispanic) population, comprising 92.6% of all residents.
Education
2.6% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 91% lower than the state rate of 30.4%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 71.3%.
Data Sources & Methodology
All demographic data for Palmer town, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 504 Census-designated places in Tennessee. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Palmer town, Tennessee?
Palmer town, Tennessee has a population of 734 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palmer town, TN?
The median household income in Palmer town is $41,250, which is 47% lower the national median of $78,538.
What is the poverty rate in Palmer town, TN?
The poverty rate in Palmer town is 23.6%. This means approximately 173 residents live below the federal poverty line.
What is the racial makeup of Palmer town, Tennessee?
Palmer town's population is 92.6% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Palmer town, TN?
The median home value in Palmer town is $86,500. The home-value-to-income ratio is 2.1x.
How educated is Palmer town, Tennessee?
2.6% of adults (25+) in Palmer town hold a bachelor's degree or higher, and 0.6% hold a graduate or professional degree.