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2024 Compare Cities Economy:
Waterman, IL vs Palmer, AK

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Highlights
- Household income in Palmer, is 30% less than it is in Waterman and is 11% below the National Average.
- Waterman unemployment rate is 6.3%.
- Palmer unemployment rate is 7.7%.

Economy
 Waterman, ILPalmer, AKUnited States
 Unemployment Rate6.3%7.7%6.0%
 Recent Job Growth2.2%-0.7%1.6%
 Future Job Growth30.7%19.5%33.5%
 Sales Taxes6.3%0.0%6.2%
 Income Taxes5.0%0.0%4.6%
 Income per Cap.$33,476$28,487$37,638
 Household Income$88,047$62,068$69,021
 Family Median Income$99,167$70,648$85,028
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 Est. Households By Income
 Waterman, ILPalmer, AKUnited States
 Income Less Than 15K8.5%8.3%9.4%
 Income between 15K and 20K2.5%4.9%3.8%
 Income between 20K and 30K4.9%7.8%8.1%
 Income between 30K and 40K5.7%7.8%8.0%
 Income between 40K and 50K6.8%10.7%7.6%
 Income between 50K and 60K4.5%8.2%7.2%
 Income between 60K and 75K12.1%12.1%9.6%
 Income between 75K and 100K14.2%15.5%12.8%
 Income between 100K and 150K25.3%12.7%16.3%
 Income between 150K and 200K14.0%7.6%7.8%
 Income greater than 200K1.5%4.4%9.5%
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 Population By Occupation
 Waterman, ILPalmer, AKUnited States
 Management, business, finance14.3%10.4%16.4%
 Engineering, computers, science1.1%4.2%6.5%
 Community, social services0.7%2.0%1.8%
 Legal0.4%1.5%1.2%
 Education, library7.2%6.6%6.2%
 Arts, design, media, sports, entertainment0.5%1.8%2.0%
 Healthcare practitioners and technology4.2%5.9%6.2%
 Healthcare support1.9%5.5%3.3%
 Firefighters, law enforcement1.9%3.9%2.1%
 Food preparation, serving4.2%7.2%5.4%
 Building maintenance0.7%4.0%3.6%
 Personal care3.1%4.8%2.6%
 Sales, office, administrative support22.2%19.7%20.9%
 Farming, fishing, forestry1.2%1.0%0.6%
 Construction, extraction, maintenance/repair21.7%8.7%8.1%
 Production, transportation, material moving14.8%12.7%13.1%

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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 WATERMAN, ILLINOIS
No Zip Codes Here.
ZIPS IN PALMER, ALASKA
99645

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