The work force participation rate in Palmer is 63.2%, with an unemployment rate of 1.8%. For everyone when you look at the work force, the common commute time is 29.5 minutes. 1.2% of Palmer’s populace have a grad diploma, and 8.3% posses a bachelors degree. Among those without a college degree, 25.7% attended some college, 38.3% have a high school diploma, and just 26.4% have received an education less than twelfth grade. 18.3% are not covered by medical health insurance.
The typical household size in Palmer, TX is 3.57 household members, with 71.1% being the owner of their very own homes. The mean home appraisal is $92833. For individuals renting, they spend on average $1034 per month. 41.9% of families have 2 incomes, and a median domestic income of $56250. Median individual income is $26940. 12.7% of town residents are living at or below the poverty line, and 14% are disabled. 5.8% of inhabitants are former members associated with the US military.
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