Income & Economy in Palermo, ND

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

N/A

Per Capita Income

$42,112

+13% vs national

Poverty Rate

8.4%

-38% vs national

Gini Index

0.4162

0 = perfect equality

Unemployment

2.1%

-60% vs national

SNAP Recipients

0.0%

of households

How Palermo Compares

Source: Census ACS (2023)
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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Palermo.

$

Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
24.1%
$25-50K
27.6%
$50-75K
10.3%
$75-100K
13.8%
$100-150K
17.2%
$150-200K
3.5%
$200K+
3.5%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.1%

-42% vs ND avg

Labor Force

48

Employed

47

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

1.9%

of adults 25+

High School Diploma+

43.9%

of adults 25+

Median Age

56.3

Work from Home

6.4%

of workers

The median household income in Palermo, ND is N/A. Per capita income is $42,112. The poverty rate of 8.4% is lower than the ND state average of 11.3%. The Gini index of income inequality is 0.4162, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.1%, compared to the state average of 3.6%. 1.9% of adults hold a bachelor's degree or higher.