Pros and Cons of Living In Palmer, Alaska. Is Palmer, AK a Nice Place To Live or Retire?

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Palmer, Alaska

Moving to Palmer In Alaska ? Is Palmer, AK a Nice Place To Live? Pros and Cons of Living in Palmer, Alaska. Find out the best and worst about to live, raise a family or retire in Palmer.

Palmer is a city in and the borough seat of the Matanuska-Susitna Borough, Alaska, United States, located 42 miles (68 km) northeast of Anchorage on the Glenn Highway in the Matanuska Valley. It is the ninth-largest city in Alaska, and forms part of the Anchorage Metropolitan Statistical Area. As of the 2020 census, the population of the city is 5,888, down from 5,937 in 2010.

Palmer hosts the annual Alaska State Fair, and is also the headquarters of the National Tsunami Warning Center.

DEMOGRAPHICS

Population
7359
Unemployment
11.9%
153% NAT AVG.
Poverty
12.9%
8% NAT AVG.
Cost Of Living
118
18% NAT AVG.

ECONOMICS

Median Home Cost
$215500
6% NAT AVG.
Median Income
$60156
11% NAT AVG.
Median Rent
$974
16% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
102
43% NAT. AVG.
57% STATE AVG.
Violent Crime
18
39% NAT. AVG.
72% STATE AVG.
Property Crime
84
44% NAT. AVG.
51% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 8
Unemployed People
1 in 8
People Earning < $10,000
1 in 20
People Earning < $50,000
41.3%
People With Any Degree
1 in 3.6

ETHNICITY

Ethnicity Palmer USA
White 67.7% 60.1%
African American 2.9% 12.2%
American Indian 8.5% 0.6%
Asian 1.1% 5.6%
Hawaiian 2.4% 0.2%
Multiracial 10% 2.8%
Hispanic 7% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Palmer USA
Less than $10,000 5% 5.8%
$10,000 to $14,999 4.6% 4.1%
$15,000 to $24,999 7.8% 8.5%
$25,000 to $34,999 8.3% 8.6%
$35,000 to $49,999 15.6% 12.0%
$50,000 to $74,999 18.8% 17.2%
$75,000 to $99,999 14.3% 12.8%
$100,000 to $149,999 14.5% 15.6%
$150,000 to $199,999 6.9% 7.1%

EDUCATION

Education Palmer USA
< 9th Grade 2% 5.0%
9-12th Grade 5% 7.0%
High School or GED 41% 27.0%
Other College 24% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 5% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Palmer is a city in Alaska state in USA with a population of 7359 residents.. The poverty rate of Palmer is 12.9%, which is 8% lower than national average. The typical household in Palmer earns $60156 a year, compared to the national median of $67,500. Nearly 41.3% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Palmer remained 11.9%, which is 153% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census.

Cost of living in Palmer is 118, which is 18% higher than national average. In Palmer, only 21% of adults have a bachelor's degree and 31% have some college but no degree. Median home value in Palmer is $215500 , which is 6% lower than national average. While median income in Palmer remained $60156, which is 11% lower than national average.
Palmer Scorecard

Jobs60%

Housing80%

Affordability60%

Safety70%

Amenities80%

Diversity85%

Education80%

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