Palmer Town vs Springfield
| Palmer Town | Springfield | |
|---|---|---|
| Population | 12,422 | 155,305 |
| Median Household Income | $78,480 | $52,656 |
| Median Home Value | $271,400 | $245,000 |
| Median Gross Rent | $1,075/mo | $1,144/mo |
| Homeownership Rate | 71.5% | 49.6% |
| Unemployment Rate | 2.8% | 8.7% |
| Bachelor's Degree or Higher | 23.5% | 20.5% |
| Median Age | 47.8 | 33.7 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.