Palermo is located in northwest North Dakota. Palermo is part of Mountrail County. Palermo has 2.20 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Palermo population is 85, which has grown 10.39% since 2000. The population growth rate is higher than the state average rate of 9.77% and is lower than the national average rate of 11.61%. Palermo median household income is $38,750 in 2010-2014 and has grown by 16.98% since 2000. The income growth rate is much lower than the state average rate of 60.61% and is much lower than the national average rate of 27.36%. Palermo median house value is $55,600 in 2010-2014 and has grown by 367.23% since 2000. The house value growth rate is much higher than the state average rate of 90.86% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Palermo is much better than the state average in quality. The Palermo area code is 701.