Palmersville, TN
Population 136 · Tennessee
About Palmersville, TN
Palmersville is a small community located in Tennessee with a population of 136 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,097 per year, which is 41% below the national median of $75,149. The median age of 31.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Palmersville features a median home value of $103,100, which is 58% below the national median of $244,900. This makes Palmersville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 64 total housing units, 67% are owner-occupied (37 units) and 33% are renter-occupied (18 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Palmersville shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Palmersville have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
15.8% of Palmersville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Palmersville, TN
Compared to national averages, Palmersville has a median household income of $44,097 (41% below the national median of $75,149). Home values average $103,100, which is 58% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Tennessee, Palmersville's income is 30% below the state average of $62,849, and home values are 52% below the state median of $214,371.
Why Live in Palmersville, TN?
Palmersville offers affordable housing with a median home value of $103,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 0.0%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($44,097) that falls below the national average. However, Palmersville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palmersville has a population of 136 with a median age of 31.4 years. Compare Palmersville with other cities to see how it stacks up, or explore all cities in Tennessee.
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Economy & Education
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Other Cities in Tennessee
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Palmersville
What is the population of Palmersville, TN?
The population of Palmersville, TN is 136 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Tennessee.
What is the median household income in Palmersville?
The median household income in Palmersville, TN is $44,097 per year, which is 41% below the national median of $75,149.
What is the median home value in Palmersville?
The median home value in Palmersville, TN is $103,100, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Palmersville?
The median monthly rent in Palmersville, TN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Palmersville?
The unemployment rate in Palmersville, TN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Palmersville, TN a good place to live?
Palmersville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 136 and a median age of 31.4, the city appeals to young professionals and families.
How educated is Palmersville, TN?
15.8% of residents in Palmersville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Palmersville?
Key cost-of-living indicators for Palmersville, TN: median home value is $103,100 (58% below national), median rent is $0/month, and median household income is $44,097. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Palmersville?
The poverty rate in Palmersville, TN is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Palmersville, TN?
Palmersville's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.