Palmyra, IL
Full City Profile · Illinois · Macoupin County County
Palmyra, IL
At a Glance
How Palmyra Compares to the U.S. Average
Each bar shows Palmyra's value as a percentage of the national average (100% = U.S. avg)
Is Palmyra a Good Place to Live?
Economy & Jobs
Palmyra residents earn a median household income of $46,477 , which is 38% below the national average of $75,149. Per capita income is $28,322. The unemployment rate stands at 7.9% (119% above the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 887 business establishments, including 88 restaurants.
Housing & Cost of Living
The median home value in Palmyra is $86,400 , 69% below the national median of $281,900. Zillow estimates the typical home at $148,437. Median rent is $670/month, with 29.0% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1963.
Education
10.6% of adults in Palmyra hold a bachelor's degree or higher (69% below the national average). 83.2% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
Palmyra has an average annual temperature of 53°F (12°C). Winters average 28°F in January while summers reach 76°F in July. Annual precipitation totals 40.0 inches. Air quality is rated Good with a median AQI of 35.