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Palmer, Tennessee Demographics & Population 2026

During the 2020–2024 ACS period, Palmer, Tennessee had a total population of 818, the 326th largest town in Tennessee, with a median household income of $56,447, which is 19% lower than the state average. The poverty rate is 14.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Palmer Quick Facts

Population 818
Median Household Income $56,447
Median Home Value $78,900
Poverty Rate 14.7%
Unemployment Rate 8.7%
Median Age 40.2 years
Homeownership Rate 86.1%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 7.4%
High School Graduation Rate 77.1%
Diversity Index 21/100
Population 818 326th of 502
Median Income $56,447 average
Poverty Rate 14.7% 18% higher than national
Median Home Value $78,900 bottom 10%

How Palmer Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population734818+11.4%
Median household income$41,250$56,447+36.8%
Median home value$86,500$78,900-8.8%

How Palmer Compares

Economy & Housing

Household Income Distribution

Under $25K 29.7%
$25K-$50K 9.4%
$50K-$100K 54.1%
$100K+ 6.8%
Detailed income brackets
Under $10K
4.5%
$10K-$15K
9.8%
$15K-$20K
5.3%
$20K-$25K
10.2%
$25K-$30K
2.6%
$30K-$35K
0.8%
$35K-$40K
3.0%
$40K-$45K
2.6%
$45K-$50K
0.4%
$50K-$60K
28.9%
$60K-$75K
13.9%
$75K-$100K
11.3%
$100K-$125K
3.0%
$125K-$150K
3.0%
$150K-$200K
0.8%
$200K+
0.0%

Employment

8.7% Unemployment Rate State: 4.7%|National: 5.2%
51.7% Labor Force Participation

Housing Overview

Owner 86.1%
Renter 13.9%
Affordability Index Very Affordable
1.4x home value to income ratio
Median gross rent $583/mo 12.4% of median household income annually

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

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

State average: 46 | National average: 61

Education

Palmer Rankings in Tennessee

#326 Population of 502
#237 Median Income of 453
#435 Education of 502
#456 Home Value of 464

Other Cities in Grundy County

CityPopulationMedian IncomePovertyHome Value
Tracy City 1,682 $39,479 24.2% $136,300
Gruetli-Laager 1,480 $47,313 10.2% $154,700
Altamont 1,322 $41,373 15.9% $91,900
Coalmont 906 $53,917 31.2% $151,400
Pelham 704 $70,096 22.2% $187,500
Beersheba Springs 654 $72,885 19.3% $101,000

Cities Similar to Palmer

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Roan Mountain797$55,625$166,20020.5%1.7%
Riceville823$51,100$286,50025.3%6.7%
Sunbright792$59,375$120,4005.1%14.8%
Eastview767$58,750$153,30016.0%16.8%
Orebank816$67,740$185,10025.9%12.5%

A note before these figures: with a population of 818, Palmer's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Palmer is a small community located in Tennessee, within Grundy County. The total population is 818. It ranks as the 326th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Palmer is 40.2 years. This is 3% higher than the state median of 38.9 years. With 29.9% of the population under 18, Palmer has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Palmer is $56,447. This is 19% lower than the state median of $69,595. It is also 30% lower than the national median of $80,734. The poverty rate stands at 14.7%. This is 7% higher than the state poverty rate of 13.8%. The unemployment rate is 8.7%. This is 87% higher than the state rate of 4.7%. The median home value is $78,900. Housing costs are 72% lower than the state median of $286,700. With a home-value-to-income ratio of just 1.4x, Palmer is one of the most affordable housing markets in the area. 86.1% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 66.9%.

Race & Ethnicity

Palmer has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Black or African American residents account for 1.7%. The Black or African American population (1.7%) is well below the state average of 15.4%.

Education

7.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 76% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.1%.

Data Sources & Methodology

All demographic data for Palmer, Tennessee is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Palmer, Tennessee?

Palmer, Tennessee has a population of 818 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmer, TN?

The median household income in Palmer is $56,447, which is 30% lower than the national median of $80,734.

What is the poverty rate in Palmer, TN?

The poverty rate in Palmer is 14.7%. This means approximately 120 residents live below the federal poverty line.

What is the racial makeup of Palmer, Tennessee?

Palmer's population is 88.4% White, 1.7% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palmer, TN?

The median home value in Palmer is $78,900. The home-value-to-income ratio is 1.4x.

How educated is Palmer, Tennessee?

7.4% of adults (25+) in Palmer hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.