Palmer
Palmer city, Alaska
Palmer, Alaska, offers a refreshingly unique take on the American dream, where affordability meets adventure. Forget the national median home value of around $350,000; here, you can find your own slice of Alaskan paradise for a median of $256,400. Imagine trading the hustle and bustle for a lifestyle centered around stunning natural beauty and a tight-knit community of just over 6,000 residents. The cost of living is significantly lower than many areas, allowing you to invest in a life rich with experiences, whether that's exploring the nearby mountains, fishing in pristine rivers, or simply enjoying the tranquility of your own backyard.
From an investment perspective, Palmer presents a compelling case. While the median household income of $68,929 might be slightly under the national average, the lower cost of living and the potential for outdoor recreation-based businesses make it an attractive prospect. The housing market is stable, and the crime rate is notably low, offering peace of mind for families and individuals alike. Palmer is well-suited for those seeking an escape from the ordinary, a place to raise a family, or an investment that offers both financial returns and a high quality of life. It’s a place where you can truly connect with nature and build a life that’s both fulfilling and financially sound.
Palmer, Alaska at a Glance
Palmer is a city in Palmer city, Alaska with a population of approximately 6,091. The median home value is $256,400 and the median household income is $68,929.. The violent crime rate is 3.5 per 1,000 residents, which is 3% below the national average.. Median rent is $1,101 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$256,400
Median Income
$68,929
Population
6,091
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 6,091
- Median Age
- N/A
- Median Household Income
- $68,929
8% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 9.8%
21% below nat'l avg
- Median Home Value
- $256,400
9% below nat'l avg
- Median Rent
- $1,101
5% below nat'l avg
- Homeownership Rate
- 62.5%
5% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 3.5 per 1K
3% below nat'l avg
- Property Crime Rate
- 9.1 per 1K
52% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 9.6%
159% above nat'l avg
- Poverty Rate
- 9.8%
21% below nat'l avg
Culture & Things to Do in Palmer
Alaska State Fair
Annual fair featuring rides, food, and agricultural exhibits.
Palmer Arts Council Events
Various arts and cultural events throughout the year.
Colony Christmas
Annual holiday celebration with lights, activities, and a parade.
Palmer Citywide Garage Sale
Annual community garage sale event.