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
|
Age Characteristics
|
14 and under
|
20% |
15-24
|
14% |
25-44
|
25% |
| 45-64 |
25% |
65+
|
19% |
|
Home Ownership
|
1,584
|
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%
|
|
