In 2023, Palmer, IA had a population of 114 people with a median age of 52.8 and a median household income of $60,625. Between 2022 and 2023 the population of Palmer, IA declined from 127 to 114, a −10.2% decrease and its median household income grew from $58,542 to $60,625, a 3.56% increase.
The 5 largest ethnic groups in Palmer, IA are White (Non-Hispanic) (96.5%), Black or African American (Non-Hispanic) (1.75%), White (Hispanic) (1.75%), American Indian & Alaska Native (Non-Hispanic) (0%), and Asian (Non-Hispanic) (0%).
None of the households in Palmer, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Palmer, IA are U.S. citizens.
In 2023, the median property value in Palmer, IA was $36,500, and the homeownership rate was 92.3%.
Most people in Palmer, IA drove alone to work, and the average commute time was 27 minutes. The average car ownership in Palmer, IA was 3 cars per household.