Palmer, NE
Population 446 · Nebraska
About Palmer, NE
Palmer is a small community in Nebraska with a population of 446 residents. The median household income is $54,861 per year, which is near the national average. The median age in Palmer is 38.3 years.
Housing in Palmer has a median home value of $102,900 and median monthly rent of $785. Of the 202 total housing units, the majority are owner-occupied, with 166 owner-occupied and 28 renter-occupied units.
The unemployment rate in Palmer is 0.4% and the poverty rate is 6.5%. 17.2% of residents hold a bachelor's degree or higher. The average commute time is 31 minutes.
How Palmer Ranks in Nebraska
Cost of Living in Palmer, NE
Compared to national averages, Palmer has a median household income of $54,861 (27% below the national median of $75,149). Home values average $102,900, which is 58% below the national median. Monthly rent at $785 is 33% below the US average of $1,163. Within Nebraska, Palmer's income is 17% below the state average of $65,895, and home values are 18% below the state median of $125,824.
Why Live in Palmer, NE?
Palmer offers affordable housing with a median home value of $102,900, below the US average of $244,900, and rent that’s lower than the national average at $785/month, and a strong job market with an unemployment rate of just 0.4%. Additionally, the city features a low poverty rate of 6.5%, better than the national average.
Potential considerations include median household income ($54,861) that falls below the national average. However, Palmer’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palmer has a population of 446 with a median age of 38.3 years. Compare Palmer with other cities to see how it stacks up, or explore all cities in Nebraska.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Palmer
What is the population of Palmer, NE?
The population of Palmer, NE is 446 according to the latest Census data.
What is the median household income in Palmer?
The median household income in Palmer, NE is $54,861 per year.
What is the median home value in Palmer?
The median home value in Palmer, NE is $102,900.
What is the average rent in Palmer?
The median monthly rent in Palmer, NE is $785.
What is the unemployment rate in Palmer?
The unemployment rate in Palmer, NE is 0.4%.