Living in Palmersville, Tennessee
Cost of living, income, home prices, rent and demographics of Palmersville · Census data 2020–2024
Palmersville has 114 residents with a median age of 53.5. The median household income is $45,855 (34% lower than the Tennessee median), the median home value is $96,500.
Palmersville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Palmersville at a glance
- Population
- 114
- Median age
- 53.5State: 38.9
- Median household income
- $45,855State: $69,595
- Median home value
- $96,500State: $286,700
- Homeowners
- 100%
- Bachelor's degree or higher
- 24.7%
Is Palmersville a good place to live?
Pros: Home values 66% lower than the state median.
Cons: Median household income 34% lower than the Tennessee median.
The weather is best in May and August to October.
Cost of living in Palmersville
Housing is the biggest part of the cost of living. In Palmersville the median home value is $96,500, 71% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Palmersville median household income
The median household income in Palmersville is $45,855 and the income per person is $31,262. 0% of residents live below the poverty line (Tennessee: 13.8%).
Housing in Palmersville: homes for sale and rent
- Housing units
- 66
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 19.7%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.15
Palmersville demographics
- Population
- 114
- Median age
- 53.5
- Under 18
- 28.9%
- 65 and older
- 42.1%
- Households
- 53
- Foreign-born
- 0%
- Veterans
- 6.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Palmersville ›
Education in Palmersville
24.7% of adults 25 and older in Palmersville have a bachelor's degree or higher (Tennessee: 31.1%), and 18.5% have a graduate or professional degree.
Jobs and commute in Palmersville
- Unemployment rate
- 0%State: 4.7%
- Average commute
- —State: 26 min
- Work from home
- 0%
- Drive alone
- 72.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 54.7%
Palmersville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palmersville | 114 | $45,855 | $96,500 | — |
| Dresden | 2,943 | $51,000 | $126,900 | $725 |
| Gleason | 1,159 | $57,917 | $93,200 | $676 |
| Puryear | 736 | $59,500 | $125,000 | $800 |
| Martin | 10,915 | $43,381 | $198,300 | $859 |
| Hazel | 299 | $40,536 | $111,900 | $525 |
| Sedalia | 334 | $45,900 | $116,200 | — |
| Water Valley | 137 | $42,143 | $77,100 | — |
| Henry | 534 | $41,875 | $100,500 | $619 |
More for people moving to Palmersville
Palmersville ZIP code ›Weather and climate ›Living in Palmersville: FAQ
What is the median household income in Palmersville, TN?
The median household income in Palmersville is $45,855, 34% lower than the Tennessee median of $69,595 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palmersville?
The median home value in Palmersville is $96,500, compared with $286,700 in Tennessee.
Is Palmersville, TN a good place to live?
Pluses: home values 66% lower than the state median. Minuses: median household income 34% lower than the Tennessee median.
What is the median age in Palmersville?
The median age in Palmersville is 53.5 years (Tennessee: 38.9).
What is the unemployment rate in Palmersville?
The unemployment rate in Palmersville is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palmersville?
24.7% of adults in Palmersville 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.
Last updated: