HomeAlaskaMatanuska-Susitna BoroughPalmer
Palmer, Alaska: commercial real estate data.
Palmer is a Census city of 6,268 people across 5.07 square miles of land, in Matanuska-Susitna Borough. Median household income is $72,201, 63.1 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $24.0 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palmer
What Palmer is
- Census place typecity
- Land area5.07 sq mi
- Water area0 sq mi
- Population per square mile of land1,236
- County holding the largest share of its areaMatanuska-Susitna Borough, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
How many people live in Palmer
- Population6,268
- Median age32.9
- Population under 181,346
- Share under 1821.5 percent
- Population 65 and over986
- Share 65 and over15.7 percent
- Households2,310
- Family households1,366
- Share of households that are families59.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
Income and work in Palmer
- Median household income$72,201
- Per capita income$37,718
- Civilian labor force3,040
- Employed2,831
- Unemployed209 plus or minus 65
- Unemployment rate6.9 percent plus or minus 2.1
- Adults 25 and over3,965
- Adults 25 and over with a high school diploma or higher93.0 percent
- Adults 25 and over with a bachelor degree or higher24.5 percent
- Adults 25 and over with a graduate degree7.8 percent plus or minus 1.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
Housing in Palmer
- Housing units2,498
- Occupied units2,310
- Vacant units188 plus or minus 39
- Vacancy rate7.5 percent plus or minus 1.5
- Owner occupied1,457
- Renter occupied853
- Ownership rate63.1 percent
- Median owner-occupied home value$294,900
- Median gross rent, monthly$1,125
- Annual rent as a share of median income18.7 percent
- Single family units1,732
- Share single family69.3 percent
- Units in buildings of two or more733
- Share in buildings of two or more29.3 percent
- Mobile homes33 plus or minus 22
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
How Palmer gets to work
- Workers 16 and over who commute2,653
- Commuting under 15 minutes1,037
- Share commuting under 15 minutes39.1 percent
- Commuting 30 minutes or more1,047
- Share commuting 30 minutes or more39.5 percent
- Drove alone73.7 percent
- Carpooled9.6 percent
- Public transport0.4 percent plus or minus 0.4
- Walked4.3 percent plus or minus 1.6
- Worked from home8.6 percent plus or minus 2.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer
SBA loans in Palmer (7(a))
- Approvals23
- Gross approval$24,005,300
- Average approval$1,043,709
- Median approval$210,000
- Ninetieth percentile approval$3,120,000
- Largest approval$5,000,000
- Jobs supported288
- Jobs per approval12.5
- Loans with a final outcome4
- Paid in full4
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more21.7 percent
- Share to franchises0.0 percent
- Distinct lenders10
- Distinct industries by NAICS13
Counted by borrower city: approvals to borrowers whose address is in Palmer, in any county, FY2020 to FY2026. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Palmer
SBA loans in Palmer (504)
- Approvals16
- Gross approval$10,172,000
- Average approval$635,750
- Median approval$554,000
- Largest approval$1,655,000
- Jobs supported48
- Loans with a final outcome2
- Charged off0
- Median term300 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Palmer, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Matanuska-Susitna Borough, not Palmer
Matanuska-Susitna Borough context, not Palmer figures
- Establishments in Matanuska-Susitna Borough2,822
- Covered employment, Matanuska-Susitna Borough29,515
- Average annual pay, Matanuska-Susitna Borough$58,329
- Housing units permitted, Matanuska-Susitna Borough85
Every figure in this section is published for Matanuska-Susitna Borough as a whole and is not a measurement of Palmer.
All Matanuska-Susitna Borough figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Palmer questions, answered from the record.
How many people live in Palmer, Alaska?
6,268, in 2,310 households. Palmer city covers 5.07 square miles of land, which is 1,236 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palmer in?
Matanuska-Susitna Borough, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Palmer?
$72,201. The median owner-occupied home is valued at $294,900. Median gross rent is $1,125 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Palmer businesses?
23 7(a) approvals totaling $24.0 m since FY2020, across 10 lenders, median approval $210,000, plus 16 504 approvals worth $10.2 m since FY2010. These count approvals to borrowers whose address is in Palmer, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palmer borrowers get paid back?
No rate is published for Palmer. Only 4 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Palmer figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Matanuska-Susitna Borough as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palmer.
Is zoning published for Palmer?
No. Nothing on this page presents parcel level zoning.
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