HomeMassachusettsHampden CountyPalmer Town city
Palmer Town city, Massachusetts: commercial real estate data.
Palmer Town city 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.
76 sourced place values · tier FULL · 8 sections
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 7(a) lending to Palmer Town borrowers
- Approvals14
- Gross approval$4,491,300
- Average approval$320,807
- Median approval$162,000
- Ninetieth percentile approval$792,000
- 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
A charge-off rate is not published here. only 0 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 Town
SBA 504 lending to Palmer Town borrowers
- 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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hampden County, not Palmer Town
Hampden County context, not Palmer Town figures
These are Hampden County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palmer Town measurements.
- Establishments in Hampden County9,339
- Employment at those establishments, Hampden County168,744
- Covered employment, Hampden County202,129
- Average annual pay, Hampden County$62,834
- Average weekly wage, Hampden County$1,208
- Housing units permitted, Hampden County443
- Of those, single family, Hampden County289
- County product, 2024, Hampden County$30,597,888,000
- County product change over the prior year, Hampden County4.7 percent
- Average income of an arriving household, Hampden County$61,357
Every figure in this section is published for Hampden County as a whole and is not a measurement of Palmer Town. 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 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 totalling $4.5 m, across 12 lenders, median approval $162,000, plus 3 504 approvals worth $1.6 m. 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 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 Town figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.