The City of Palmer had a population of 7,379 as of July 1, 2019. Palmer ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Alaska. See peer rankings below.
The primary coordinate point for Palmer is located at latitude 61.5997 and longitude -149.1128 in Matanuska-Susitna Borough. The formal boundaries for the City of Palmer encompass a land area of 5.15 sq. miles and a water area of 0 sq. miles. Matanuska-Susitna Borough is in the Alaska time zone (GMT -9). The elevation is 249 feet.
The City of Palmer (GNIS ID: 2419445) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The City of Palmer is located within the Matanuska-Susitna Census Subarea of Matanuska-Susitna Borough. Census subareas are statistical subdivisions of the county equivalents used in Alaska (boroughs, city and boroughs, municipalities, and census areas) and are the statistical equivalent of Micro Civil Divisions (MCDs) used in other states.
Alternate Unofficial Names for Palmer: Farmington, Palmer Siding, Warton.
HOUSING AFFORDABILITY INDEX
|Palmer, AK Housing Affordability Index is 154 |
State of Alaska Housing Affordability Index is 124
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Palmer, AK Wealth Index is 86 |
State of Alaska Wealth Index is 106
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for Neighborhoods, Cities, Boroughs / Census Areas (CA), and ZIP Codes.
More Tools and Resources:
|Total Population||7,379 (100%)|
|Population in Households||7,073 (95.9%)|
|Population in Families||5,874 (79.6%)|
|Population in Group Quarters1||306 ( 4.1%)|
|Median Household Income||$69,196|
|Average Household Income||$87,668|
|Per Capita Income||$30,684|
|Total Housing Units||2,626 (100%)|
|Owner Occupied HU||1,681 (64.0%)|
|Renter Occupied HU||876 (33.4%)|
|Vacant Housing Units||69 ( 2.6%)|
|Median Home Value||$230,408|
|Housing Affordability Index3||154|
|Average Household Size||2.77|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.43%|
|Per Capita Income||2.47%|
The table below compares Palmer to the other 353 incorporated cities, towns and CDPs in Alaska by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 16||96th|
|Population Density||# 4||99th|
|Diversity Index||# 123||65th|
|Median Household Income||# 71||80th|
|Per Capita Income||# 107||70th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Alaska Census Data Comparison Tool.