Palms, MI demographics:
population, income, and more

Total population
452
-14.4% year-over-year change
Median household income
$73,750/yr
0.2% year-over-year change
Housing units
361
-5.7% year-over-year change

Palms population

How many people live in Palms

Palms is home to 452 residents, according to the most recent Census data. Gender-wise, 50% of Palms locals are male, and 50% are female.

Total population
452
-14.4% year-over-year change
Gender ratio
Male
50%
226
Female
50%
226
Value Percent YoY change
Male 226 50% -16.9%
Female 226 50% -12.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Palms is 53, with the population distributed as follows: about 10.2% are children under 15, then 13.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 14.9% of the population, while another 35.2% fall into the 45 to 64 bracket. Finally, around 26.4% are 65 or older.

Median age
53.1
Age breakdown
Under 15
10.2%
15 to 24
13.3%
25 to 44
14.9%
45 to 64
35.2%
Over 65
26.4%
Value Percent YoY change
Under 15 46 10.2% -50.5%
15 to 24 60 13.3% 3.5%
25 to 44 67 14.9% -33.7%
45 to 64 159 35.2% -6.5%
Over 65 119 26.4% 11.2%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Palms, 97.4% of the population are US-born citizens, while 2.4% have gained naturalized citizenship. At the same time, 0.2% of residents are non-citizens. There’s also a share of 1.1% that includes residents with two or more races.

Citizenship
U.S.-born citizens
97.4%
Non-U.S.-born citizens
2.4%
Non-citizens
0.2%
Value Percent YoY change
U.S.-born citizens 440 97.4% -14.9%
Non-U.S.-born citizens 11 2.4% 266.7%
Non-citizens 1 0.2% -87.5%
Racial breakdown
White
97.8%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.1%
Other
1.1%
Value Percent
White 442 97.8%
Two or more races 5 1.1%
Other 5 1.1%

Households in Palms

A peek inside Palms households

Palms has 202 households, with an average of 2 members in each. Of these, 63.9% are families, while the remaining 36.1% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
202
-5.2% year-over-year change
Average people per household
2
Non-family households
73
Family households
129
Value Percent YoY change
Non-family households 73 36.1% 15.9%
Family households 129 63.9% -14.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Palms

The housing landscape of Palms

Palms's housing consists of 361 units, with 83.9% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 16.1% of the housing landscape.

Housing units
361
-5.7% year-over-year change
Housing types
Value Percent
1 unit, detached 303 83.9%
Mobile home 58 16.1%
Homes built since 2020
% year-over-year change

The age of buildings in Palms

In Palms, the median construction year is 1974. About 15.2% of homes were built before the 1940s, with another 8.5% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 55 15.2% -29.5%
Built between 1940 and 1949 31 8.5% -41.5%
Built between 1950 and 1959 32 8.8% -25.6%
Built between 1960 and 1969 39 10.7% 2.6%
Built between 1970 and 1979 62 17.1% 21.6%
Built between 1980 and 1989 40 11% 0.0%
Built between 1990 and 1999 68 18.7% 65.8%
Built between 2000 and 2009 19 5.2% -26.9%
Built between 2010 and 2019 17 4.7% 30.8%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Palms occupancy rates

Out of the 202 occupied housing units in Palms, 84.6% are owner-occupied, while 15.8% are lived in by tenants. Meanwhile, 44% of all homes on the local market sit vacant.

Occupied housing units
202
-5.2% year-over-year change
Occupancy breakdown
Renter occupied
32
Owner occupied
171
Value Percent YoY
change
Renter occupied 32 15.8% 23.1%
Owner occupied 171 84.6% -9.0%
Unoccupied housing units
44.0%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Palms housing costs

Housing costs in Palms come to a median of $742 per month, while tenants specifically pay a median gross rent of $675.

Median housing costs per month
$742/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Palms
$675/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Palms

Palms education at a glance

About 50.3% of the population in Palms went to high school, while 25.3% pursued college studies. Another 7.7% earned an associate degree and 11.6% hold a bachelor’s. Meanwhile, 3.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 5 1.3% 66.7%
High school diploma 195 50.3% -8.4%
College diploma 98 25.3% 6.5%
Associate degree 30 7.7% -26.8%
Bachelor's degree 45 11.6% 12.5%
Graduate degree 15 3.9% 150.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Palms

How much people earn in Palms

The average annual household income in Palms was $113,939 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +10.3% change from the previous year. At the same time, the median income stood at $73,750, reflecting a +0.2% shift over the same period.

Average household income in Palms
$113,939/year
10.3% year-over-year change
Median household income in Palms
$73,750/year
0.2% year-over-year change

Palms income by age

In Palms, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $153,542. Those with someone between 45 and 64 in charge, often well established professionally, earn $82,083 overall. Overall, 91.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $153,542 30.4%
45 - 64 $82,083 9.8%
Over 65 $54,375 3.6%
Above poverty level
408
Below poverty level
40
Value Percent YoY
change
Above poverty level 408 91.1% -15.3%
Below poverty level 40 8.9% -2.4%

Employment in Palms

Workforce and job types in Palms

65.8% of the working population are employed in professional or administrative positions, while 34.2% are in hands-on or service-based jobs. Also, 19.9% run their own businesses, 69.3% are employed by private companies, and 8.7% work in the public sector.

Workforce demographics

White collar
152
Blue collar
79
Value Percent YoY change
White collar 152 65.8% 6.3%
Blue collar 79 34.2% -36.8%
Employer type
Self employees
19.9%
Private companies
69.3%
Governmental workers
8.7%
Not for profit companies
2.2%
Value Percent YoY change
Self employees 46 19.9% -4.2%
Private companies 160 69.3% -19.2%
Governmental workers 20 8.7% 11.1%
Not for profit companies 5 2.2% 0.0%

Transportation in Palms

How people get around in Palms

Commuting methods vary: 98% of residents travel by personal vehicle and 2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 197 98% -14.0%
Walk 4 2% -66.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Palms by zipcode?

Zipcode Population Number of households Median income Average income
48465 458 205 $73,750 $113,939

Explore more communities

FAQs about Palms demographics 

What is the total population of Palms?

Palms has a total population of 452 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -14.4% compared to a year ago.

What is the gender ratio in Palms?

The gender ratio in Palms is as follows:
  • 50% males (226 residents)
  • 50% females (226 residents)

What is the median age in Palms?

The median age in Palms is 53.1.

What is the age distribution of the population in Palms?

The age distribution in Palms is as follows:
  • Under 15: 10.2% (46 residents)
  • Ages 15-24: 13.3% (60 residents)
  • Ages 25-44: 14.9% (67 residents)
  • Ages 45-64: 35.2% (159 residents)
  • Over 65: 26.4% (119 residents)

What is the racial and ethnic makeup of Palms?

The racial and ethnic makeup of Palms is as follows:
  • White: 97.8% (442 residents)
  • Black or African American: 0% ( residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 0% ( residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 1.1% (5 residents)
  • Other: 1.1% (5 residents)

What percentage of the population in Palms are U.S.-born citizens?

U.S.-born citizens represent 97.4% of the population in Palms.

How many housing units are there in Palms?

There are 361 housing units in Palms, reflecting a -5.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Palms and what is the average household size?

Palms has a total of 202 households, with an average of 2 people in each.

What is the median household income in Palms?

Palms has a median household income of $73,750, representing a +0.2% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Palms?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 65.8% (152 residents)
  • Blue-collar workers: 34.2% (79 residents)

Places of employment:
  • Self-employed: 19.9% (46 residents)
  • Private companies: 69.3% (160 residents)
  • Governmental workers: 8.7% (20 residents)
  • Not-for-profit companies: 2.2% (5 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025