Palmer is located close to the center of Tennessee. Palmer is between the Grundy, Marion, Sequatchie county. Palmer has 4.94 square miles of land area and has no water area. As of 2010-2014, the total Palmer population is 738, which has grown 1.65% since 2000. The population growth rate is much lower than the state average rate of 13.40% and is much lower than the national average rate of 11.61%. Palmer median household income is $23,125 in 2010-2014 and has grown by 20.65% since 2000. The income growth rate is lower than the state average rate of 22.72% and is lower than the national average rate of 27.36%. Palmer median house value is $66,200 in 2010-2014 and has grown by 71.06% since 2000. The house value growth rate is higher than the state average rate of 50.43% 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 Palmer is much better than the state average in quality. The Palmer area code is 931.