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'Everyday' Palins Worth About $1.2M

2007 income tops $250K; salaries, fishing rights, handful of properties add up

By Harry Kimball,  Newser Staff

Posted Oct 2, 2008 2:10 PM CDT

(Newser) – Financial reports show that, while they’re no John and Cindy McCain, the Palin family is much more well-off than the average American, the AP reports, worth about $1.2 million. The Alaska governor and her husband together appear to have made more than $250,000 last year, from her salary and Todd Palin’s jobs in the oil fields and as a commercial fisherman.

The Palins have also been involved in numerous land deals, starting when Sarah Palin was mayor of Wasilla, where they still live. Their primary residence is worth more than $500,000, thanks to paved roads and a float-plane dock; in addition, they own two other properties for their use. They have also been involved in numerous commercial land ventures, though the financial impact is unclear.

The starter home of Alaska Gov. Sarah Palin on Wasilla Lake.
The starter home of Alaska Gov. Sarah Palin on Wasilla Lake.   (AP Photo)
Alaska Gov. Sarah Palin, left, and her husband, Todd Palin, are worth more than $1 million, the AP finds, with a number of properties contributing.
Alaska Gov. Sarah Palin, left, and her husband, Todd Palin, are worth more than $1 million, the AP finds, with a number of properties contributing.   (AP Photo)
The home of Gov. Sarah Palin, on Lake Lucille in Wasilla, Alaska, is assessed at $552,000, owing partly to the fact that it's accessible from a paved road%u2014something of a rarity in the state.
The home of Gov. Sarah Palin, on Lake Lucille in Wasilla, Alaska, is assessed at $552,000, owing partly to the fact that it's accessible from a paved road%u2014something of a rarity in the state.   (AP Photo)
Palin and running mate John McCain.
Palin and running mate John McCain.   (AP Photo)
Republican vice presidential candidate, Alaska Gov. Sarah Palin, and her daughter Willow, are seen at a gourmet food shop in center city Philadelphia.
Republican vice presidential candidate, Alaska Gov. Sarah Palin, and her daughter Willow, are seen at a gourmet food shop in center city Philadelphia.   (AP Photo)
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