Palmer, Nebraska.
Typical home $277,062 (+3.9% in a year). Grand Island, NE metro.
to buy the typical home at today's mortgage rate — +$878 (+153%) since Jan 2020.
- 1 year
- Up $10,489 +4%
- $266,573$277,062 since Sep 2025
- 5 years
- Up $85,671 +45%
- $191,391$277,062 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Palmer$1,454
- Nebraska$1,461
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Palmer, NE rose 3.9% over the past year — faster than the nation's +1.2%.
Living in Palmer, Nance County, Nebraska
Palmer is a village of 439 people in Nance County. Half its households earn more than $62,578 a year and half less, against $65,179 across Nance County; 6% of its people live below the poverty line. 81% of its homes are lived in by their owners and 19% are rented. Unemployment in Nance County was 2.4% in August 2026, and the county had 0.9% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Palmer is a small village in Nance County, Nebraska, where most homes are lived in by their owners. Household incomes run a little below the county's, and few adults hold a four-year degree. Winters are cold and snowy, summers turn properly hot, and the year brings a fair amount of rain and melted snow.
Work. Residents work mainly in schools, hospitals and social care, the building trades, transport, warehouses and utilities, and manufacturing. Across Nance County, the largest workplaces include Twin River Public Schools, Fullerton Public Schools and Genoa Community Hospital. Almost no one works from home, and jobs across the county dipped slightly last year.
Things to do. The Loup River is a short drive away and is the nearest spot for time by the water. A longer drive brings you to Morning Star Lake, and to the Stuhr Museum, a museum that makes a good full-day outing.
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- 15%of adults have a degree
- 6%below the poverty line
- 1%work from home
What residents work in
Employed residents by industry, from the Census survey. Nance County had 921 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 35° and lows near 14°; warmest in July, with highs near 89° and lows near 65°. About 22 inches of snow and 27 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Saint Paul weather station, 10 miles away (NOAA).
Largest workplaces in Nance County
- Twin River Public SchoolsSchool district85FTE
- Fullerton Public SchoolsSchool district57FTE
- Genoa Community HospitalCritical access hospital49FTE
School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailVery high
- Strong windVery high
- Winter weatherVery high
- TornadoesVery high
- DroughtRelatively high
- Ice stormsRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Palmer’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Nance County and the Grand Island, NE metro.
Palmer home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Palmer$277,062
- Nebraska$278,299
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Zip codes with a Palmer address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Palmer — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.