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Palmer, AK

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
69
Very Affordable
Median Home Value
$275,900
National: $426,735
Median Rent
$1,134/mo
National: $1,527/mo
Household Income
$70,550
National: $84,532
Population
6,141
Purchasing Power
121
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
65 / 100
100 = national average
Rent Index
74 / 100
Overall Index
69
Very Affordable

Palmer Mortgage Calculator

Pre-filled with the local median home value of $275,900 and Alaska's property tax rate of 1.04%.

Salary & Purchasing Power

Median household income is $70,550 17% below the national average.

What $70,550 in Palmer Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$154,392+119%
Los Angeles, CA$173,819+146%
Philadelphia, PA$69,528-1%
San Antonio, TX$65,438-7%

Property Tax in Palmer, AK

Est. Annual Property Tax
$2,869
Monthly Impact
$239
Added to your mortgage
Effective Rate
1.04%
National avg: ~1.00%

Alaska Tax Overview

Tax TypeAlaskaNational Avg
Property Tax Rate1.04%1.00%
Top Income Tax RateNo State Income Tax~5.0%
State Sales Tax1.82%~5.0%

Compare Palmer to Another City

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Cost of Living Comparison

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Palmer, AK
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Palmer, AK: 65
Rent Prices
74
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR