Palmer, AK
6,268Residents
$72,201Median household income
$1,125/moMedian gross rent
$294,900Median home value
32.9Median age
25%Adults with a bachelor’s degree or higher
63%Homes lived in by their owners
4.1×Home value to household income
Median rent takes about 19% of the median household income in Palmer.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $45,000 a year. In Alaska that leaves roughly $3,195 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.