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Palmerston - Demographics and Market Data

Data Based on Downtown Palmerston Trade Area Population (2006)
The trade area refers to the geographic area that points to where the majority of downtown consumers reside (75-80%).

Population:  5,744

Total Private Households:  2,160

Downtown Palmerston Trade Area Population Projection  (2010):  6,267

Household Size:  2.6

Average Household Income: $60,416

Median Household Income:  $52,757

Home Ownership:  1,584

Age Characteristics:
14 and under:  20%
15-24:  14%
25-44:  25%
45-64:  25%
65+:  19%

Education Levels:
High school without certificate :  1,495
High school with certificate:  1,284
Trade certificate/diploma:  364
College/other non university:  733
University:  439

Types of Employment:
Management:  188
Business, finance and administration:  338
Natural & applied science:  69
Health:  190
Social science, education, government and religion:  132
Art, culture, sport and recreation:  11
Sales and service:  601
Trades, transport and equipment operation:  659
Primary industry:  330
Manufacturing and utilities:  413

Unemployment Rate:  4.2%