HomeMassachusettsHampden CountyPalmer Town
Palmer Town, Massachusetts: commercial real estate data.
Palmer Town is a Census city of 12,381 people across 31.58 square miles of land, in Hampden County. Median household income is $78,480, 71.5 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $4.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palmer Town
What Palmer Town is
- Census place typecity
- Land area31.58 sq mi
- Water area0.42 sq mi
- Population per square mile of land392
- County holding the largest share of its areaHampden County, 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 Town
How many people live in Palmer Town
- Population12,381
- Median age47.8
- Population under 181,872 plus or minus 389
- Share under 1815.1 percent plus or minus 3.1
- Population 65 and over2,587 plus or minus 517
- Share 65 and over20.9 percent plus or minus 4.2
- Households5,496
- Family households2,951
- Share of households that are families53.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Town
Income and work in Palmer Town
- Median household income$78,480
- Per capita income$45,032
- Civilian labor force6,585
- Employed6,395
- Unemployed190 plus or minus 98
- Unemployment rate2.9 percent plus or minus 1.5
- Adults 25 and over9,665
- Adults 25 and over with a high school diploma or higher89.8 percent
- Adults 25 and over with a bachelor degree or higher23.5 percent plus or minus 5.1
- Adults 25 and over with a graduate degree8.9 percent plus or minus 3.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Town
Housing in Palmer Town
- Housing units5,907
- Occupied units5,496
- Vacant units411 plus or minus 217
- Vacancy rate7.0 percent plus or minus 3.6
- Owner occupied3,929
- Renter occupied1,567 plus or minus 317
- Ownership rate71.5 percent
- Median owner-occupied home value$271,400
- Median gross rent, monthly$1,075
- Annual rent as a share of median income16.4 percent
- Single family units3,934
- Share single family66.6 percent
- Units in buildings of two or more1,706 plus or minus 377
- Share in buildings of two or more28.9 percent plus or minus 6.0
- Mobile homes267 plus or minus 147
- Median year structure built1962
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Town
How Palmer Town gets to work
- Workers 16 and over who commute5,937
- Commuting under 15 minutes1,514 plus or minus 536
- Share commuting under 15 minutes25.5 percent plus or minus 8.7
- Commuting 30 minutes or more2,638 plus or minus 556
- Share commuting 30 minutes or more44.4 percent
- Drove alone81.6 percent
- Carpooled7.7 percent plus or minus 4.1
- Public transport0.2 percent plus or minus 0.4
- Walked1.6 percent plus or minus 1.2
- Worked from home7.3 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmer Town
SBA loans in Palmer Town (7(a))
- Approvals14
- Gross approval$4,491,300
- Average approval$320,807
- Median approval$156,000
- Largest approval$822,700
- Jobs supported103
- Jobs per approval7.4
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises14.3 percent
- Distinct lenders12
- Distinct industries by NAICS11
Counted by borrower city: approvals to borrowers whose address is in Palmer Town, in any county, FY2020 to FY2026. Only 0 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 Town
SBA loans in Palmer Town (504)
- Approvals3
- Gross approval$1,562,000
- Average approval$520,667
- Median approval$294,000
- Largest approval$1,020,000
- Jobs supported14
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Palmer Town, in any county, FY2010 to FY2026. Only 0 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.
Palmer Town
Flood risk in Palmer Town
- NFIP communityTown of Palmer
- NFIP community number250147
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date07/16/13
The Town of Palmer participates in the National Flood Insurance Program as community 250147 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hampden County, not Palmer Town
Hampden County context, not Palmer Town figures
- Establishments in Hampden County9,339
- Covered employment, Hampden County202,129
- Average annual pay, Hampden County$62,834
- Housing units permitted, Hampden County443
Every figure in this section is published for Hampden County as a whole and is not a measurement of Palmer Town.
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 Town questions, answered from the record.
How many people live in Palmer Town, Massachusetts?
12,381, in 5,496 households. Palmer Town city covers 31.58 square miles of land, which is 392 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Palmer Town in?
Hampden County, 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 Town?
$78,480. The median owner-occupied home is valued at $271,400. Median gross rent is $1,075 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 Town businesses?
14 7(a) approvals totaling $4.5 m since FY2020, across 12 lenders, median approval $156,000, plus 3 504 approvals worth $1.6 m since FY2010. These count approvals to borrowers whose address is in Palmer Town, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Palmer Town borrowers get paid back?
No rate is published for Palmer Town. Only 0 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.
Is Palmer Town in the National Flood Insurance Program?
Yes. Palmer Town appears in the FEMA Community Status Book as Palmer, town of, community 250147, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Palmer Town figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hampden County 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 Town.
Is zoning published for Palmer Town?
No. Nothing on this page presents parcel level zoning.