All Countries
Palmyra, IL
Full City Profile · Illinois · Macoupin County County
3.2
/5.0
B
Good
524
Population
524/sq mi density
$46,477
Median Income
$28,322 per capita
$86,400
Home Value
$142,395 Zillow
$670
Median Rent
29.0% income on rent
53°F
Avg Temperature
293 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$46,477 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$86,400 home value, $670/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
D
Education
1.8 / 5.0
10.6% bachelor's degree or higher
Income Overview
Median Household Income
$46,477
38% below
US avg: $75,149
Per Capita Income
$28,322
27% below
US avg: $39,052
Unemployment Rate
4.6%
28% above
US avg: 3.6%
Poverty Rate
4.9%
60% below
US avg: 12.4%
Income Comparison: Palmyra vs. U.S. Average
Each bar shows Palmyra’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$46,477
62%
Per Capita
US: $39,052
$28,322
73%
IRS Avg AGI
US: $72,000
$67,326
94%
Avg Weekly Wage
US: $1,432
$898
63%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$898
37% below US avg ($1,432)
Mean Commute Time
43 min
54% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
87.0%
19% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,525M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
87%
Public Transit
0%
Work From Home
0%
Other
13%
Average commute time
43 minutes
US avg: 28 min
Business Landscape
Total Establishments
887
Restaurants
88
Healthcare
78
Retail
116
Manufacturing
33
Tax & Financial
IRS Avg Adjusted Gross Income
$67,326
6% below US avg ($72,000)
Avg Property Tax
$3,826
9% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $46,477 |
| Per Capita Income | $28,322 |
| IRS Avg Adjusted Gross Income | $67,326 |
| Avg Weekly Wage | $898 |
| County GDP | $1,525M |
Hardship Indicators
| Unemployment Rate | 4.6% |
| Poverty Rate | 4.9% |
| Gini Coefficient | 0.428 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 43 minutes |
| Drive Alone | 87.0% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 887 |
| Restaurants | 88 |
| Healthcare | 78 |
| Retail | 116 |
| Manufacturing | 33 |
Tax
| IRS Avg AGI | $67,326 |
| Avg Property Tax | $3,826 |