The median household income in Palmer, IL in 2022 was $50,821, which was 50.9% less than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $35,750 in 2000 this represents an increase of 29.7%. The per capita income in 2022 was $28,054, which means an increase of 37.2% compared to 2000 when it was $17,615.
Whole page based on the data from 2000 / 2022 when the population of Palmer, Illinois was 248 / 235
Income statistics for all residents
Median household income in Palmer, IL in 2022:
Palmer:
$50,821
Illinois:
$76,708
Change in median household income between 2000 and 2022:
Palmer, Illinois:
+42.2%
Illinois:
+64.6%
Number of households with income < $10k:
Palmer:
6.5% (7)
Illinois:
5.9% (296,090)
Number of households with income $10k - 20k:
Palmer:
2.8% (3)
State:
6.6% (333,259)
Number of households with income $20k - 30k:
Palmer:
9.3% (10)
State:
6.8% (342,921)
Number of households with income $30k - 40k:
Palmer:
23.4% (25)
Illinois:
7.0% (355,254)
Number of households with income $40k - 50k:
Palmer:
3.7% (4)
Illinois:
6.7% (340,678)
Number of households with income $50k - 60k:
Palmer:
15.9% (17)
State:
6.7% (339,405)
Number of households with income $60k - 75k:
Palmer:
5.6% (6)
State:
9.2% (465,709)
Number of households with income $75k - 100k:
Palmer:
17.8% (19)
Illinois:
12.9% (651,353)
Number of households with income $100k - 125k:
Palmer:
1.9% (2)
State:
10.3% (522,359)
Number of households with income $125k - 150k:
Palmer:
1.9% (2)
Illinois:
7.3% (367,136)
Number of households with income $150k - 200k:
Palmer:
9.3% (10)
Illinois:
9.0% (455,249)
Number of households with income > $200k:
Palmer:
1.9% (2)
State:
11.6% (586,947)
Aggregate household income in Palmer in 2022: $6,682,196
Median family income in Palmer in 2022:
Palmer:
$56,797
State:
$96,948
Number of families with income < $10k:
Palmer:
2.9% (2)
State:
3.4% (105,875)
Number of families with income $10k - 20k:
Palmer:
1.2% (1)
State:
3.3% (105,017)
Number of families with income $20k - 30k:
Palmer:
2.5% (2)
State:
4.7% (146,403)
Number of families with income $30k - 40k:
Palmer:
29.9% (24)
Illinois:
5.3% (167,069)
Number of families with income $40k - 50k:
Palmer:
3.4% (3)
Illinois:
5.8% (181,164)
Number of families with income $50k - 60k:
Palmer:
12.9% (10)
State:
6.1% (191,561)
Number of families with income $60k - 75k:
Palmer:
5.4% (4)
Illinois:
9.0% (282,985)
Number of families with income $75k - 100k:
Palmer:
24.6% (19)
Illinois:
13.8% (432,725)
Number of families with income $100k - 125k:
Palmer:
1.3% (1)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Palmer:
2.4% (2)
State:
8.9% (279,791)
Number of families with income $150k - 200k:
Palmer:
11.0% (9)
State:
11.9% (372,004)
Number of families with income > $200k:
Palmer:
2.5% (2)
State:
15.9% (500,033)
Median per capita income in Palmer in 2022:
Palmer:
$28,054
Illinois:
$43,317
Change in median per capita income between 2000 and 2022:
Palmer, Illinois:
+59.3%
State:
+87.5%
Income statistics for White residents
Median household income in Palmer, IL in 2022:
Palmer:
$50,917
State:
$83,346
Change in median household income between 2000 and 2022:
Palmer, Illinois:
+39.5%
State:
+67.5%
Number of households with income < $10k:
Palmer:
6.0% (6)
Illinois:
4.5% (149,895)
Number of households with income $10k - 20k:
Palmer:
3.0% (3)
Illinois:
5.5% (184,529)
Number of households with income $20k - 30k:
Palmer:
9.0% (9)
State:
6.1% (205,767)
Number of households with income $30k - 40k:
Palmer:
23.0% (23)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Palmer:
4.0% (4)
Illinois:
6.5% (216,965)
Number of households with income $50k - 60k:
Palmer:
16.0% (16)
Illinois:
6.6% (222,841)
Number of households with income $60k - 75k:
Palmer:
6.0% (6)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Palmer:
18.0% (18)
Illinois:
12.9% (433,180)
Number of households with income $100k - 125k:
Palmer:
2.0% (2)
State:
10.7% (360,753)
Number of households with income $125k - 150k:
Palmer:
2.0% (2)
State:
7.9% (266,532)
Number of households with income $150k - 200k:
Palmer:
9.0% (9)
Illinois:
10.0% (337,357)
Number of households with income > $200k:
Palmer:
2.0% (2)
State:
13.3% (446,069)
Aggregate household income in Palmer in 2022: $6,360,182
Median family income in Palmer in 2022:
Palmer:
$57,547
Illinois:
$107,938
Number of families with income < $10k:
Palmer:
3.0% (2)
State:
2.2% (45,983)
Number of families with income $10k - 20k:
Palmer:
1.2% (1)
State:
2.5% (50,574)
Number of families with income $20k - 30k:
Palmer:
2.4% (2)
State:
3.5% (70,927)
Number of families with income $30k - 40k:
Palmer:
29.8% (22)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Palmer:
3.2% (2)
State:
5.0% (102,597)
Number of families with income $50k - 60k:
Palmer:
13.2% (10)
State:
5.8% (119,129)
Number of families with income $60k - 75k:
Palmer:
5.4% (4)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Palmer:
24.1% (18)
State:
13.5% (276,887)
Number of families with income $100k - 125k:
Palmer:
1.3% (1)
Illinois:
12.5% (256,099)
Number of families with income $125k - 150k:
Palmer:
2.5% (2)
State:
9.8% (199,855)
Number of families with income $150k - 200k:
Palmer:
11.3% (8)
State:
13.4% (274,569)
Number of families with income > $200k:
Palmer:
2.6% (2)
State:
18.6% (381,354)
Median per capita income in Palmer in 2022:
Palmer:
$28,809
State:
$50,738
Change in median per capita income between 2000 and 2022:
Palmer, Illinois:
+47.1%
State:
+95.5%
Discuss Palmer, Illinois (IL) on our hugely popular Illinois forum.