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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
Change Over Time (2013–2023)
Population Change
-12.8%
682 → 595
over 10 years
Annual Pop. Growth
-1.36%
Compound annual growth rate
Median Income Change
+70.2%
$27,308 → $46,477
nominal, not inflation-adjusted
Annual Income Growth
+5.46%
Compound annual growth rate
Population Over Time
Total population for Palmyra across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
541
-54 from 2023 (595)
Projected Median Income 2030
$67,430
+$20,953 from 2023 ($46,477)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 682 | — | $27,308 | — |
| 2015 | 673 | -1.3% | $35,625 | +30.5% |
| 2017 | 668 | -0.7% | $33,438 | -6.1% |
| 2019 | 661 | -1% | $37,692 | +12.7% |
| 2021 | 599 | -9.4% | $33,194 | -11.9% |
| 2023 | 595 | -0.7% | $46,477 | +40% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.