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2024 Compare Cities Economy:
Caribou, ME vs Palmer, AK

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Highlights
- Household income in Palmer, is 41% more than it is in Caribou and is 11% below the National Average.
- Caribou unemployment rate is 5.8%.
- Palmer unemployment rate is 7.7%.

Economy
 Caribou, MEPalmer, AKUnited States
 Unemployment Rate5.8%7.7%6.0%
 Recent Job Growth-0.5%-0.7%1.6%
 Future Job Growth24.1%19.5%33.5%
 Sales Taxes5.5%0.0%6.2%
 Income Taxes6.8%0.0%4.6%
 Income per Cap.$31,463$28,487$37,638
 Household Income$43,967$62,068$69,021
 Family Median Income$54,219$70,648$85,028
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 Est. Households By Income
 Caribou, MEPalmer, AKUnited States
 Income Less Than 15K14.8%8.3%9.4%
 Income between 15K and 20K4.9%4.9%3.8%
 Income between 20K and 30K11.5%7.8%8.1%
 Income between 30K and 40K14.6%7.8%8.0%
 Income between 40K and 50K8.8%10.7%7.6%
 Income between 50K and 60K7.6%8.2%7.2%
 Income between 60K and 75K12.4%12.1%9.6%
 Income between 75K and 100K10.6%15.5%12.8%
 Income between 100K and 150K7.8%12.7%16.3%
 Income between 150K and 200K2.6%7.6%7.8%
 Income greater than 200K4.3%4.4%9.5%
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 Population By Occupation
 Caribou, MEPalmer, AKUnited States
 Management, business, finance15.2%10.4%16.4%
 Engineering, computers, science2.4%4.2%6.5%
 Community, social services4.5%2.0%1.8%
 Legal0.4%1.5%1.2%
 Education, library5.4%6.6%6.2%
 Arts, design, media, sports, entertainment2.4%1.8%2.0%
 Healthcare practitioners and technology4.7%5.9%6.2%
 Healthcare support4.1%5.5%3.3%
 Firefighters, law enforcement0.9%3.9%2.1%
 Food preparation, serving8.4%7.2%5.4%
 Building maintenance1.2%4.0%3.6%
 Personal care0.6%4.8%2.6%
 Sales, office, administrative support29.6%19.7%20.9%
 Farming, fishing, forestry2.3%1.0%0.6%
 Construction, extraction, maintenance/repair7.7%8.7%8.1%
 Production, transportation, material moving10.1%12.7%13.1%

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Reviews for Caribou    2 Reviews

Over 15 years ago

Don't believe the exaggerations about cold. April signals end of snow. First snowfall comes in November. May through September are very nice, unless you like HOT  More

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Over 18 years ago

You have 4 seasons to  More

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Reviews for Palmer    3 Reviews

The first time I saw Palmer was in 1974. It's grown up from the old days of farm country complete with 4-H clubs, fields of crops and livestock. Gone are most of the  More

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Over 18 years ago

The four months of cold and dark. Winter lasts about 8 months, but the real cold, dark lasts about 4 months. It is getting harder and harder to deal with as I get  More

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Over 18 years ago

I have lived in Palmer for 11 years. I love everything about it except about four months of the dark, cold winters. The people are  More

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ZIPS IN CARIBOU, MAINE
04736
ZIPS IN PALMER, ALASKA
99645

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