Palmer, PA Economy


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Palmer, PA is a small city located in Northampton County. It is known for its strong community values and access to local businesses. The two-bedroom rental rate in Palmer is $1,720 per month which is higher than the US average of $1,430. Additionally, local grocery costs are 5% higher than the national average index of 100. Examples of local companies include Brown-Daub Chrysler Jeep Dodge Ram, Gildea's Automotive Repair & Performance Center Inc., and Buskirk Food Marts Inc. Since Palmer has a smaller population than many other cities, it can be assumed that living expenses will be slightly more expensive compared to other areas due to lack of competition.

Palmer has an unemployment rate of 6.8%. The US average is 6.0%.

Palmer has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Palmer
- The Sales Tax Rate for Palmer is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Palmer is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Palmer
- The average income of a Palmer resident is $34,027 a year. The US average is $28,555 a year.
- The Median household income of a Palmer resident is $100,865 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalmer, PennsylvaniaUnited States
  6.86
  -6.4%-6.2%
  28.0%33.5%
  6.0%6.2%
  4.1%4.6%
  $47,992$37,638
  $100,865$69,021
  $114,277$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.3%6.8%
  15.5%10.0%
  4.3%2.5%
  11.5%11.0%
  3.5%4.8%
  1.2%0.8%
  1.4%1.9%
  5.1%4.7%
  1.8%1.9%
  6.9%7.6%
  0.2%0.1%
  3.0%4.2%
  11.0%9.3%
  15.3%14.0%
  2.2%2.1%
  3.4%7.0%
  4.7%4.8%
  4.7%4.7%
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