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The total population of Palermo town is estimated to be 1,447 with 653 males (45.13%) and 794 females (54.87%). There are 141 more females than males in Palermo town.
The median household income in Palermo town was $83,590 in 2021, which marked an an increase of 552(0.66%) from $83,038 in 2020. This income is 112.04% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Palermo town sees its highest median household income among householders in the age group of 25 to 44 years old, at $96,455. Overall, the median household income for the town of Palermo town stands at $83,590.
In Palermo town, the median income for all workers aged 15 years and older, regardless of work hours, was $47,628 for males and $41,066 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,660 for males and $48,518 for females.
In Palermo town, population is primarily represented by White households, reporting a median income of $83,230.
In 2022, the population of Palermo town was 1,609, a 1.07% increase year-by-year from 2021. Previously, in 2021, Palermo town's population was 1,592, an increase of 1.27% compared to a population of 1,572 in 2020.
The median age in Palermo, Maine is 45.3, as per 2021 ACS 5-Year Estimates. Of the total population, 16.41% were under the age of 15, 12.36% aged 15 to 29, 54.12% aged 30 to 64, 15.13% aged 65 to 84, and 1.99% were 85 years of age and older.
Racial distribution of Palermo town population: 97.94% are White, 0.43% are Asian, 0.78% are some other race and 0.85% are multiracial.