Living in Palermo, California
Cost of living, income, home prices, rent and demographics of Palermo · Census data 2020–2024
Palermo has 5,266 residents with a median age of 47. The median household income is $50,588 (49% lower than the California median), the median home value is $283,000, the median rent is $1,135/month.
Palermo at a glance
- Population
- 5,266
- Median age
- 47State: 37.9
- Median household income
- $50,588State: $99,122
- Median home value
- $283,000State: $734,700
- Median rent
- $1,135/moState: $2,036
- Homeowners
- 68.7%
- Bachelor's degree or higher
- 12.2%
- Average commute
- 29 min
Is Palermo a good place to live?
Pros: Home values 61% lower than the state median; an average commute of 29 minutes.
Cons: Median household income 49% lower than the California median; unemployment of 10.6%; a poverty rate of 20.1%.
The weather is best in April–May and September–October.
Cost of living in Palermo
Housing is the biggest part of the cost of living. In Palermo the median home value is $283,000, 15% lower than the U.S. median. Renters pay a median of $1,135 per month, which is 39.4% of household income. Homeowners with a mortgage pay $2,099 a month in housing costs.
Palermo median household income
The median household income in Palermo is $50,588 and the income per person is $31,494. 20.1% of residents live below the poverty line (California: 12%).
Housing in Palermo: homes for sale and rent
- Housing units
- 2,376
- Owner-occupied
- 68.7%
- Renter-occupied
- 31.3%
- Vacant
- 13%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.53
Palermo demographics
- Population
- 5,266
- Median age
- 47
- Under 18
- 20%
- 65 and older
- 23.1%
- Households
- 2,066
- Foreign-born
- 8.6%
- Veterans
- 8.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Palermo ›
Education in Palermo
12.2% of adults 25 and older in Palermo have a bachelor's degree or higher (California: 37.1%), and 3.9% have a graduate or professional degree.
Jobs and commute in Palermo
- Unemployment rate
- 10.6%State: 6.6%
- Average commute
- 29 minState: 29 min
- Work from home
- 9.9%
- Drive alone
- 77.7%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 75.5%
Palermo vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palermo | 5,266 | $50,588 | $283,000 | $1,135 |
| South Oroville | 2,846 | $65,409 | $261,500 | $1,412 |
| Oroville East | 7,504 | $94,512 | $405,400 | $1,211 |
| Oroville | 19,752 | $52,270 | $311,600 | $1,093 |
| Honcut | 271 | $187,742 | $275,000 | — |
| Thermalito | 6,720 | $54,865 | $254,900 | $1,178 |
| Bangor | 597 | $120,347 | $378,400 | — |
| Kelly Ridge | 2,825 | $54,631 | $277,600 | $2,505 |
| Rackerby | 138 | $62,813 | $305,000 | $1,344 |
More for people moving to Palermo
Palermo ZIP code ›Weather and climate ›Living in Palermo: FAQ
What is the median household income in Palermo, CA?
The median household income in Palermo is $50,588, 49% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palermo?
The median home value in Palermo is $283,000, compared with $734,700 in California.
How much is rent in Palermo?
The median gross rent in Palermo is $1,135 per month, about 39.4% of household income.
Is Palermo, CA a good place to live?
Pluses: home values 61% lower than the state median; an average commute of 29 minutes. Minuses: median household income 49% lower than the California median; unemployment of 10.6%; a poverty rate of 20.1%.
What is the median age in Palermo?
The median age in Palermo is 47 years (California: 37.9).
How long is the commute in Palermo?
The average commute to work in Palermo is 29 minutes; 9.9% of workers work from home.
What is the unemployment rate in Palermo?
The unemployment rate in Palermo is 10.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palermo?
12.2% of adults in Palermo have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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