How many renters in Palmer, AK pay more than 30% of their income on rent?

55.4% (±8.8 points) of renting households in Palmer, AK spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

43.1% spend 35% or more.

The median renting household spends 32.2% of its income on rent.

Figures last updated on .

Paying 30% or more
55.4% (±8.8 points)
Paying 35% or more
43.1% (±7.1 points)
Median share of income
32.2% (±2.8 points)

Rent as a share of income in Palmer

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentPalmerMatanuska-Susitna BoroughAlaskaUnited States
Less than 15%10.5% (±4.6 points)13.7%16.0%12.6%
15% to 19.9%11.7% (±3.7 points)13.1%14.0%12.2%
20% to 24.9%13.3% (±4.7 points)11.8%13.9%12.6%
25% to 29.9%9.1% (±3.5 points)8.7%11.6%11.5%
30% to 34.9%12.3% (±5.2 points)11.5%9.6%9.2%
35% or more43.1% (±7.1 points)41.1%35.1%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Palmer against Matanuska-Susitna Borough, its state and the nation

Estimate (90% margin of error)
PalmerMatanuska-Susitna BoroughAlaskaUnited States
Paying 30% or more55.4% (±8.8 points)52.6% (±4.5 points)44.7% (±1.7 points)51.1%
Paying 35% or more43.1% (±7.1 points)41.1% (±3.7 points)35.1% (±1.4 points)41.9%
Median share of income32.2% (±2.8 points)31.2% (±1.6 points)27.7% (±0.5 points)30.6%
Median renter household income$40,380 (±$8,027)$52,324 (±$4,825)$64,073 (±$1,408)$52,966
Median gross rent$1,125 (±$90)$1,299 (±$55)$1,419 (±$23)$1,413

In Palmer, the share of renters paying 30% or more of income is not measurably different from Matanuska-Susitna Borough (52.6%).

It is also higher than in Alaska (44.7%).

It is not measurably different from the national figure (51.1%).

In Matanuska-Susitna Borough, Palmer ranks 8 of 18 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 41 of 169.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Palmer

Nearest places with a published estimate, compared with Palmer
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Palmer—55.4% (±8.8 points)—
Farm Loop2.9 mi56.0% (±30.5 points)Not measurably different
Gateway4.1 mi34.9% (±19.4 points)Not measurably different
Butte6.0 mi45.5% (±15.7 points)Not measurably different
North Lakes6.6 mi43.0% (±14.6 points)Not measurably different
South Lakes6.6 mi56.2% (±17.7 points)Not measurably different
Lazy Mountain7.5 mi35.8% (±21.3 points)Not measurably different
Fishhook11 mi32.9% (±25.2 points)Not measurably different
Tanaina11 mi40.8% (±13.4 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Matanuska-Susitna Borough, place by place

RankPlaceRenters paying 30% or more of income
2Sutton-Alpine70.2% (±42.1 points)
3Point MacKenzie65.4% (±77.7 points)
4Wasilla64.8% (±11.5 points)
5Big Lake58.7% (±25.4 points)
6South Lakes56.2% (±17.7 points)
7Farm Loop56.0% (±30.5 points)
8Palmer55.4% (±8.8 points)
9Meadow Lakes53.4% (±11.3 points)
10Knik-Fairview52.5% (±13.3 points)
11Houston51.0% (±17.0 points)
12Butte45.5% (±15.7 points)
13North Lakes43.0% (±14.6 points)
14Tanaina40.8% (±13.4 points)

Showing 13 of 18 places in Matanuska-Susitna Borough, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Palmer

Are renters in Palmer rent-burdened?

55.4% of renting households in Palmer pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Palmer spend on rent?

The median renting household in Palmer, AK spends 32.2% (±2.8 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Palmer city, Alaska (place:58660, in state:02).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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