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Palmyra, Utah

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
301
Population
$97,188
Median Income
$687,500
Home Value
57.2
Median Age

Demographics

Palmyra has a population of 301 with a median age of 57.2. Here is the racial and ethnic breakdown of the population:

White
100.0%
Hispanic
5.0%
Demographic Value
Total Population301
Median Age57.2
White100.0%
Hispanic or Latino5.0%
Palmyra, Utah — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 105.White: 95.2%Hispanic/Latino: 4.8%301PopulationWhiteWhite95.2%Hispanic/LatinoHispanic/Latino4.8%

Income & Economy

The median household income in Palmyra is $97,188, which is 20.6% above the national median of $80,610. The per capita income is $37,608.

$97,188
Median Household Income
$37,608
Per Capita Income

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Education

In Palmyra, 90.5% of residents age 25+ have a high school diploma or higher, and 22.3% hold a bachelor's degree or higher (4.3% with a graduate or professional degree).

HS Diploma+
90.5%
Bachelor's+
22.3%
Graduate+
4.3%
Education Level % of Adults (25+)
High School Diploma or Higher90.5%
Bachelor's Degree or Higher22.3%
Graduate or Professional Degree4.3%

Housing

The median home value in Palmyra is $687,500, above the national median of $303,400. The homeownership rate is 71.6%.

$687,500
Median Home Value
71.6%
Homeownership Rate
Housing Metric Value
Median Home Value$687,500
Homeownership Rate71.6%
Vacancy Rate34.2%

Salaries in Utah

Explore salary data for popular occupations in Utah:

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Other Cities in Utah

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Frequently Asked Questions

What is the population of Palmyra, Utah?
The population of Palmyra, Utah is 301 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Palmyra, Utah?
The median household income in Palmyra, Utah is $97,188. This is 20.6% above the national median of $80,610.
What is the median home value in Palmyra, Utah?
The median home value in Palmyra, Utah is $687,500.
What percentage of people in Palmyra have a college degree?
In Palmyra, Utah, 22.3% of adults age 25 and older hold a bachelor's degree or higher, and 90.5% have a high school diploma or higher.
Is Palmyra, Utah an affordable place to live?
The home price-to-income ratio in Palmyra, Utah is 7.1x (median home value $687,500 vs. median income $97,188), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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