Last updated: 2024 BLS data · Page refreshed:
Palmyra has a population of 486 with a median age of 53.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 486 |
| Median Age | 53.4 |
| White | 98.1% |
| Hispanic or Latino | 0.4% |
| Other / Two or More Races | 1.5% |
The median household income in Palmyra is $44,276, which is 45.1% below the national median of $80,610. The per capita income is $28,340. The poverty rate is 8.0%.
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In Palmyra, 83.0% of residents age 25+ have a high school diploma or higher, and 8.8% hold a bachelor's degree or higher (0.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 83.0% |
| Bachelor's Degree or Higher | 8.8% |
| Graduate or Professional Degree | 0.2% |
The median home value in Palmyra is $87,500, below the national median of $303,400. The median monthly rent is $718. The homeownership rate is 79.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $87,500 |
| Median Monthly Rent | $718 |
| Homeownership Rate | 79.5% |
| Vacancy Rate | 30.9% |
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