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Palmer Apartment Features
Apartments Near Palmer
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Living In Palmer, AK
A small town located in Alaska, Palmer has approximately 7,000 residents. Families with young children are a common sight, as kids under 5 account for an above-average 9% of the population, while retirees appear in smaller numbers. Just 30% of residents rent in Palmer, as home ownership is common in the town. With a relatively low average rent of $1,104 a month in the town, renting remains an affordable option, particularly compared to other cities in Alaska. Each month, renters in Palmer will save around $187 compared to the state average.
Palmer residents have an average commute of about 33 minutes, slower than the state average of about 20 minutes. Driving is the prevailing way to get to work, chosen by 37% of workers, while public transit isn't widely used. Few commuters walk to work.
Among Palmer residents older than 25, 9% have a Bachelor's degree and 5% possess a Master's or Doctoral degree. There are two primary industries in Palmer: healthcare and retail. Together, these industries make up 14% of the town's workforce. Meanwhile, looking at job function, many residents work in sales, which ranks as the top profession in the town. Palmer workers earn an average annual income of almost $84,000, about $5,000 less than their peers elsewhere in the state. However, Palmer compares more favorably to the national average of $73,345.
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