Gary Palmer
Photo: House Creative Services, Public domain, via Wikimedia Commons

Gary Palmer Net Worth

U.S. Representative for Alabama
RepublicanHouseAlabamaMillionaire
Estimated net worth (midpoint)
$2.7M
Range: $1.63M to $3.69M
Source: U.S. House Clerk, 2025 annual report filed April 15, 2026. Updated October 29, 2026.
How to read this: members of Congress report each asset and debt in a value band (for example, $1,001 to $15,000), not an exact amount. We add up the low ends and the high ends, then subtract debts the same way, to get the widest possible range. The midpoint is simply the middle of that range, not a measured value. The forms do not include a home the official lives in (unless it earns rent), cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so true net worth can be higher.

Gary Palmer’s net worth over time

$0$2M$4M$6M2015: $507K to $2.74M (2015 annual report, filed May 20, 2016)2016: $605K to $2.85M (Amendment to 2016 annual report, filed June 20, 2017)2017: $417K to $2.78M (Amendment to 2017 annual report, filed October 16, 2019)2018: $796K to $3.04M (Amendment to 2018 annual report, filed October 16, 2019)2019: $775K to $2.25M (2019 annual report, filed July 21, 2020)2020: $829K to $2.16M (2020 annual report, filed May 28, 2021)2021: $777K to $2.06M (2021 annual report, filed May 14, 2022)2022: $603K to $1.95M (2022 annual report, filed May 8, 2023)2023: $1.96M to $4.75M (2023 annual report, filed May 7, 2024)2024: $1.03M to $2.12M (2024 annual report, filed May 5, 2025)2025: $1.63M to $3.69M (2025 annual report, filed April 15, 2026)Midpoint $1.62MMidpoint $1.73MMidpoint $1.6MMidpoint $1.92MMidpoint $1.51MMidpoint $1.49MMidpoint $1.42MMidpoint $1.27MMidpoint $3.36MMidpoint $1.57MMidpoint $2.66M20152016201720182019202020212022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

His first report in the online database covers 2015, the year he took office. Every bar is one official report, added up the same way. Nothing is filled in between reports. Tap or hover a bar for details.

See every year as a table
YearNet worth rangeMidpointSource
2015$507K to $2.74M$1.62M2015 annual report, filed May 20, 2016
2016$605K to $2.85M$1.73MAmendment to 2016 annual report, filed June 20, 2017
2017$417K to $2.78M$1.6MAmendment to 2017 annual report, filed October 16, 2019
2018$796K to $3.04M$1.92MAmendment to 2018 annual report, filed October 16, 2019
2019$775K to $2.25M$1.51M2019 annual report, filed July 21, 2020
2020$829K to $2.16M$1.49M2020 annual report, filed May 28, 2021
2021$777K to $2.06M$1.42M2021 annual report, filed May 14, 2022
2022$603K to $1.95M$1.27M2022 annual report, filed May 8, 2023
2023$1.96M to $4.75M$3.36M2023 annual report, filed May 7, 2024
2024$1.03M to $2.12M$1.57M2024 annual report, filed May 5, 2025
2025$1.63M to $3.69M$2.66M2025 annual report, filed April 15, 2026

Since the earliest online report (2015)

+$1.12M
change in the low end ($507K → $1.63M)
+$954K
change in the high end ($2.74M → $3.69M)
+$1.04M
change in the midpoint ($1.62M → $2.66M)

Compares the 2015 report with the 2025 report, using the same method for both. His first report in the online database covers 2015, the year he took office. Changes can come from a spouse’s assets, market moves, property values, new debts or how filers choose bands, and the forms do not say which. We do not guess.

What the latest report lists

Canaan LLC$250K–$500K
Ann Palmer Schwab IRA: Schwab Prime Advantage Money Fund- Investor Shares (SWVXX), spouse$250K–$500K
Charles Schwab: Schwab Prime Advantage Money Fund- Investor Shares (SWVXX), joint$250K–$500K
Gary Palmer Schwab IRA: Schwab Prime Advantage Money Fund- Investor Shares (SWVXX)$250K–$500K
Debtsnone reported

From the 2025 report filed April 15, 2026. Highlights only. The full report is linked in the sources below.

Where the money comes from

Congressional salaryMutual funds and ETFsStocksFarmland

Main sources named in the disclosures and the reporting we cite. The forms don’t split the total into exact amounts, so we don’t show percentages.

Gary Palmer reported household assets minus debts of $1.63M to $3.69M, a midpoint of about $2.66M, on his latest financial disclosure (2025 annual report, filed April 15, 2026).

Gary Palmer has represented Alabama's 6th congressional district since 2015. His district includes parts of Birmingham and most of its suburbs. He is a member of the Republican Party and of the House Freedom Caucus.

Before holding elected office, Palmer co-founded the Alabama Policy Institute, a conservative think tank, and served as its president for many years. In Congress he chaired the Republican Policy Committee from 2019 to 2025.

What his 2025 disclosure shows

The report he filed on April 15, 2026 covers 2025. It lists 32 assets with a value, adding up to $1.6 million to $3.7 million. The largest are Canaan LLC ($250K–$500K); Ann Palmer Schwab IRA: Schwab Prime Advantage Money Fund- Investor Shares (SWVXX) (spouse, $250K–$500K) and Charles Schwab: Schwab Prime Advantage Money Fund- Investor Shares (SWVXX) (joint, $250K–$500K).

The report lists no debts that we count, so the range of $1.6 million to $3.7 million comes from the assets alone, with a midpoint of about $2.7 million.

How the range has changed

Using the same method for every year, the midpoint of his disclosed range went from about $1.6 million on his 2015 report to about $2.7 million on his 2025 report. The highest midpoint was about $3.4 million, on the 2023 report. The lowest was about $1.3 million, in 2022. The chart shows eleven reports from 2015 to 2025, each added up the same way, and nothing is filled in between them.

These are ranges built from the value bands on each form, not exact values. They move with market prices, property values, new or paid-off debts and the bands a filer picks, and the forms do not say which of these caused a change. Like every member of Congress, Palmer does not have to report a home he lives in, cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so his real net worth could be higher than these forms show.

Career and money timeline

  1. 2015

    Takes office in the U.S. House.

  2. 2015

    Earliest report in the House's online database: range of $507,000 to $2.7 million (midpoint $1.6 million).

  3. 2019

    Becomes chair of the Republican Policy Committee (to 2025).

  4. 2023

    Highest midpoint in the online reports: $3.4 million (range $2 million to $4.8 million).

  5. 2025

    Latest report: range of $1.6 million to $3.7 million (midpoint $2.7 million).

Gary Palmer net worth FAQ

What is Gary Palmer's net worth?

Gary Palmer's 2025 financial disclosure puts household assets minus debts at $1.63M to $3.69M, a midpoint of about $2.66M. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From Gary Palmer's official annual financial disclosure, filed with the Clerk of the House on April 15, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.

Has Gary Palmer's net worth changed since taking office?

Compared with the earliest online report (2015), the low end of the range went from $507K to $1.63M and the high end from $2.74M to $3.69M. His first report in the online database covers 2015, the year he took office.

What are Gary Palmer's largest assets?

On his 2025 report, the largest holdings are Canaan LLC ($250K–$500K); Ann Palmer Schwab IRA: Schwab Prime Advantage Money Fund- Investor Shares (SWVXX) (spouse, $250K–$500K); Charles Schwab: Schwab Prime Advantage Money Fund- Investor Shares (SWVXX) (joint, $250K–$500K). Values are reported in bands, not exact amounts.

Sources

  1. Clerk of the U.S. House, Financial Disclosure Reports database (accessed October 29, 2026). Filings used for the chart:
  2. House Committee on Ethics, Financial Disclosure Instruction Guide (calendar year 2025). What is and isn’t reported.
  3. Background facts: Wikipedia, Gary Palmer (accessed October 29, 2026). Used for career facts only, never for figures.

Photo: House Creative Services, Public domain, via Wikimedia Commons.

Every number on this page comes from an official filing or the named report next to it. We never fill in years with our own guesses, and this page is not a judgment about how the money was made. How we handle estimates.