Palermo CDP
California
Palermo, California, offers a refreshing alternative to the often-overheated California real estate market. Imagine a place where a home can be yours for a median value of just $265,700, a significant bargain compared to the national average. This affordability is a key draw, allowing residents to enjoy a comfortable lifestyle without the crushing financial burden seen in many other parts of the Golden State. While the median household income of $46,905 is lower than the national average, the lower cost of living makes a dollar stretch further here, making it an attractive option for those seeking a more relaxed pace of life.
From an investment perspective, Palermo presents a compelling opportunity, particularly for first-time homebuyers or those looking to downsize. The real estate market here is stable, and the relatively low home values suggest the potential for future appreciation. The area's family-friendly atmosphere, coupled with its overall safety, makes it an ideal location for raising children. Palermo's charm lies in its simplicity. If you value community, affordability, and a slower pace of life, Palermo might just be the hidden gem you've been searching for.
Palermo CDP, California at a Glance
Palermo CDP is a neighborhood in California with a population of approximately 5,516. The median home value is $265,700 and the median household income is $46,905.. The violent crime rate is 5.7 per 1,000 residents, compared to the national average of 3.6.. Median rent is $1,010 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$265,700
Median Income
$46,905
Population
5,516
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 5,516
- Median Age
- N/A
- Median Household Income
- $46,905
37% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 21.6%
74% above nat'l avg
- Median Home Value
- $265,700
6% below nat'l avg
- Median Rent
- $1,010
13% below nat'l avg
- Homeownership Rate
- 66.1%
Near nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 5.7 per 1K
58% above nat'l avg
- Property Crime Rate
- 10.9 per 1K
43% 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
- 11.7%
216% above nat'l avg
- Poverty Rate
- 21.6%
74% above nat'l avg
Weather & Climate in Palermo CDP
Avg High
81°F
Avg Low
55°F
Annual Rainfall
13.2"
Avg Humidity
50%
Political Landscape
↗ Trending more Republican
Based on Kings County county-level presidential election data
Culture & Things to Do in Palermo CDP
Oroville Salmon Festival
Celebrates the return of the salmon to the Feather River.
Butte County Fair
Annual fair featuring exhibits, rides, and entertainment.
Feather Fiesta Days
A community celebration with a parade, vendors, and activities.
Oroville's Christmas Parade
A festive parade to celebrate the holiday season.