Palermo is located in Waldo county Maine with a geographic area of square miles. The total population in Palermo is 1,446 with 47.2% male and 52.8% female. Children under age 5 represent 2.4% of the population, under age 18 equal 19.6% of the population and over age 65 is 17.4% of the population. The median household income is $73,281, per capita income is $40,834. There are a total of 636 housing units with 92.8% owner occupied. Education includes 27.4% of residents that are high school graduates and 39.0% with a bachelor's degree or higher. The average temperature in Palermo in the summer is 68 degrees, and in the winter 25 degrees.