2024 Compare Cities Economy:
Chapel Hill, NC vs Palmer, AK

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Highlights
- Household income in Palmer, is 19% less than it is in Chapel Hill and is 11% below the National Average.
- Chapel Hill unemployment rate is 3.2%.
- Palmer unemployment rate is 7.7%.
 Chapel Hill, NCPalmer, AKUnited States
 Unemployment Rate3.2%7.7%6.0%
 Recent Job Growth2.1%-0.7%1.6%
 Future Job Growth36.9%19.5%33.5%
 Sales Taxes7.5%0.0%6.2%
 Income Taxes5.3%0.0%4.6%
 Income per Cap.$44,029$28,487$37,638
 Household Income$77,037$62,068$69,021
 Family Median Income$153,588$70,648$85,028
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 Est. Households By Income
 Chapel Hill, NCPalmer, AKUnited States
 Income Less Than 15K13.9%8.3%9.4%
 Income between 15K and 20K2.6%4.9%3.8%
 Income between 20K and 30K6.7%7.8%8.1%
 Income between 30K and 40K6.9%7.8%8.0%
 Income between 40K and 50K7.2%10.7%7.6%
 Income between 50K and 60K6.2%8.2%7.2%
 Income between 60K and 75K5.5%12.1%9.6%
 Income between 75K and 100K8.6%15.5%12.8%
 Income between 100K and 150K11.2%12.7%16.3%
 Income between 150K and 200K9.5%7.6%7.8%
 Income greater than 200K21.6%4.4%9.5%
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 Population By Occupation
 Chapel Hill, NCPalmer, AKUnited States
 Management, business, finance17.6%10.4%16.4%
 Engineering, computers, science13.3%4.2%6.5%
 Community, social services1.3%2.0%1.8%
 Legal2.2%1.5%1.2%
 Education, library15.3%6.6%6.2%
 Arts, design, media, sports, entertainment3.1%1.8%2.0%
 Healthcare practitioners and technology10.4%5.9%6.2%
 Healthcare support3.1%5.5%3.3%
 Firefighters, law enforcement1.2%3.9%2.1%
 Food preparation, serving6.0%7.2%5.4%
 Building maintenance2.1%4.0%3.6%
 Personal care4.2%4.8%2.6%
 Sales, office, administrative support14.0%19.7%20.9%
 Farming, fishing, forestry0.1%1.0%0.6%
 Construction, extraction, maintenance/repair2.2%8.7%8.1%
 Production, transportation, material moving4.0%12.7%13.1%
Reviews for Chapel Hill    16 Reviews

Between my wife and I, we've lived in Raleigh, Cary, Durham, and Chapel Hill, and it's Chapel Hill we prefer. Franklin Street is always lively with an eclectic mix of  More

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I am not sure if Bert has actually been to the Triangle, but for starters, Durham, as Chapel Hill residents know and envy, is and has been for 5 yrs now a vibrant  More

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someone told me they live in the hills/mountains right near chapel hill, and the summers are much cooler there, while the town itself is easily accessible. is this  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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