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The total population of Palmer is estimated to be 238 with 126 males (52.94%) and 112 females (47.06%). There are 14 less females than males in Palmer.
The median household income in Palmer was $53,370 in 2021, which marked an a decrease of 20,992(28.23%) from $74,362 in 2020. This income is 71.54% 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, Palmer sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,691. Overall, the median household income for the village of Palmer stands at $53,370.
In Palmer, while the Census reported a median income of $28,104 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,252 for males and $52,019 for females.
In Palmer, population is primarily represented by White households, reporting a median income of $53,370.
In 2022, the population of Palmer was 209, a 1.88% decrease year-by-year from 2021. Previously, in 2021, Palmer's population was 213, a decline of 0.47% compared to a population of 214 in 2020.
The median age in Palmer, IL is 46.8, as per 2021 ACS 5-Year Estimates. Of the total population, 15.30% were under the age of 15, 11.39% aged 15 to 29, 45.20% aged 30 to 64, 27.05% aged 65 to 84, and 1.07% were 85 years of age and older.
Racial distribution of Palmer population: 100% are White.