The median household income in Palmer, MI in 2022 was $58,065, which was 15.4% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $29,063 in 2000 this represents an increase of 49.9%. The per capita income in 2022 was $27,687, which means an increase of 23.0% compared to 2000 when it was $21,309.
Whole page based on the data from 2000 / 2022 when the population of Palmer, Michigan was 449 / 380
Income statistics for all residents
Median household income in Palmer, MI in 2022:
Palmer:
$58,065
State:
$66,986
Change in median household income between 2000 and 2022:
Palmer, Michigan:
+99.8%
State:
+50.0%
Number of households with income < $10k:
Palmer:
6.4% (9)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Palmer:
4.3% (6)
Michigan:
7.5% (306,955)
Number of households with income $20k - 30k:
Palmer:
10.6% (15)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Palmer:
11.3% (16)
State:
8.3% (341,408)
Number of households with income $40k - 50k:
Palmer:
1.4% (2)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Palmer:
17.7% (25)
State:
7.5% (305,914)
Number of households with income $60k - 75k:
Palmer:
15.6% (22)
State:
10.1% (414,440)
Number of households with income $75k - 100k:
Palmer:
11.3% (16)
Michigan:
13.2% (538,299)
Number of households with income $100k - 125k:
Palmer:
9.2% (13)
Michigan:
9.7% (396,282)
Number of households with income $125k - 150k:
Palmer:
7.8% (11)
State:
6.7% (273,144)
Number of households with income $150k - 200k:
Palmer:
2.1% (3)
Michigan:
7.5% (305,077)
Number of households with income > $200k:
Palmer:
2.1% (3)
State:
8.1% (330,644)
Aggregate household income in Palmer in 2022: $9,328,635
Median family income in Palmer in 2022:
Palmer:
$59,955
State:
$85,865
Number of families with income $10k - 20k:
Palmer:
1.0% (1)
Michigan:
3.9% (100,567)
Number of families with income $20k - 30k:
Palmer:
10.0% (8)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Palmer:
15.7% (13)
State:
6.4% (163,565)
Number of families with income $50k - 60k:
Palmer:
19.3% (16)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Palmer:
13.2% (11)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Palmer:
10.3% (9)
State:
15.0% (383,364)
Number of families with income $100k - 125k:
Palmer:
11.1% (9)
State:
11.8% (301,751)
Number of families with income $125k - 150k:
Palmer:
12.4% (10)
State:
8.6% (220,338)
Number of families with income $150k - 200k:
Palmer:
3.4% (3)
State:
10.2% (259,462)
Number of families with income > $200k:
Palmer:
3.5% (3)
State:
11.3% (287,206)
Median income for 3 person families:
Palmer:
$111,060
State:
$91,988
Median non-family income in Palmer in 2022:
Palmer:
$48,938
State:
$40,459
Median per capita income in Palmer in 2022:
Palmer:
$27,687
State:
$38,151
Change in median per capita income between 2000 and 2022:
Palmer, Michigan:
+29.9%
State:
+72.1%
Income statistics for White residents
Median household income in Palmer, MI in 2022:
Palmer:
$58,485
Michigan:
$71,609
Change in median household income between 2000 and 2022:
Palmer, Michigan:
+98.0%
Michigan:
+52.9%
Number of households with income < $10k:
Palmer:
5.8% (8)
Michigan:
4.4% (140,440)
Number of households with income $10k - 20k:
Palmer:
4.3% (6)
Michigan:
6.5% (205,547)
Number of households with income $20k - 30k:
Palmer:
10.9% (15)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Palmer:
11.6% (16)
Michigan:
8.1% (257,175)
Number of households with income $40k - 50k:
Palmer:
1.4% (2)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Palmer:
18.1% (25)
Michigan:
7.4% (233,723)
Number of households with income $60k - 75k:
Palmer:
14.5% (20)
Michigan:
10.4% (328,664)
Number of households with income $75k - 100k:
Palmer:
10.9% (15)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Palmer:
9.4% (13)
State:
10.3% (325,164)
Number of households with income $125k - 150k:
Palmer:
8.7% (12)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Palmer:
2.2% (3)
State:
8.1% (255,445)
Number of households with income > $200k:
Palmer:
2.2% (3)
State:
8.7% (276,727)
Aggregate household income in Palmer in 2022: $9,284,169
Median family income in Palmer in 2022:
Palmer:
$60,617
State:
$90,317
Number of families with income $10k - 20k:
Palmer:
1.0% (1)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Palmer:
10.1% (8)
State:
4.6% (91,551)
Number of families with income $30k - 40k:
Palmer:
16.4% (14)
State:
5.9% (117,356)
Number of families with income $50k - 60k:
Palmer:
18.5% (15)
State:
6.8% (135,883)
Number of families with income $60k - 75k:
Palmer:
12.3% (10)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Palmer:
10.2% (8)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Palmer:
11.2% (9)
Michigan:
12.4% (248,235)
Number of families with income $125k - 150k:
Palmer:
13.1% (11)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Palmer:
3.5% (3)
Michigan:
11.0% (218,573)
Number of families with income > $200k:
Palmer:
3.7% (3)
State:
12.0% (239,713)
Median non-family income in Palmer in 2022:
Palmer:
$49,497
Michigan:
$42,438
Median per capita income in Palmer in 2022:
Palmer:
$28,626
Michigan:
$41,514
Change in median per capita income between 2000 and 2022:
Palmer, Michigan:
+32.3%
State:
+75.2%
Income statistics for American Indian and Alaska Native residents
Median per capita income in Palmer in 2022:
Palmer:
$30,978
State:
$27,661
Income statistics for Multirace residents
Median per capita income in Palmer in 2022:
Palmer:
$15,511
State:
$26,098
Change in median per capita income between 2000 and 2022:
Palmer, Michigan:
+91.9%
State:
+106.5%
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