HomeAlaskaMatanuska-Susitna BoroughPalmer city
Palmer city, Alaska: commercial real estate data.
Palmer city 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.
76 sourced place values · tier FULL · 8 sections · 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$3,300,000
- 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
A charge-off rate is not published here. only 4 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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$604,000
- Largest approval$1,655,000
- Jobs supported48
- Loans with a final outcome2
- Charged off0
- Median term300 months
- Distinct CDCs1
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
These are Matanuska-Susitna Borough figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palmer measurements.
- Establishments in Matanuska-Susitna Borough2,822
- Employment at those establishments, Matanuska-Susitna Borough23,971
- Covered employment, Matanuska-Susitna Borough29,515
- Average annual pay, Matanuska-Susitna Borough$58,329
- Average weekly wage, Matanuska-Susitna Borough$1,122
- Housing units permitted, Matanuska-Susitna Borough85
- Of those, single family, Matanuska-Susitna Borough37
- County product, 2024, Matanuska-Susitna Borough$4,465,288,000
- County product change over the prior year, Matanuska-Susitna Borough6.4 percent
- Average income of an arriving household, Matanuska-Susitna Borough$76,065
Every figure in this section is published for Matanuska-Susitna Borough as a whole and is not a measurement of Palmer. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $24.0 m, across 10 lenders, median approval $210,000, plus 16 504 approvals worth $10.2 m. 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Palmer figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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