Income & Economy in Palmer city, IA (50571)
Median Income
$70,893
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+15
Wealth inflow
Population
260
Unemployment
1.7%
2.0pp below US avg
IRS migration statistics show a net inflow of about 15 for ZIP 50571 (Palmer city, IA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 50571 (2020–Present)
Since 2020, population declined 8.8%, median income fell 22.3% (inflation-adjusted), home values decreased 16.8%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $70,893 |
| Unemployment | 1.7% |
| Establishments | 5 |
| Employees | 61 |