Palmyra, IN

Indiana · Metropolitan Area

Palmyra is a small town in Indiana with a population of 1,271. Residents earn $49,821 per year, which is 34% below the national average.

3.5 /5.0
B+ Good
1,271 Population 1,059/sq mi density
$49,821 Median Income $22,623 per capita
$143,500 Home Value $227,254 Zillow
$717 Median Rent
56°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$49,821 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$143,500 home value, $717/mo rent
D
Education
1.7 / 5.0
8.2% bachelor's degree or higher
Median Income $49,821
34% lower than US avg
Home Value $143,500
49% lower than US avg
Bachelor's+ 8.2%
76% lower than US avg
Median Rent $717
38% lower than US avg
Obesity Rate 42.6%
33% higher than US avg
Unemployment 0.0%
100% lower than US avg
Poverty Rate 11.3%
9% lower than US avg

How Palmyra Compares to the U.S. Average (100% = U.S. avg)

People

Population1,271
Median Age34.1 yrs
Density1,059/mi²
Male / Female49% / 51%
Largest GroupWhite 98%

Economy

B+
Median Income$49,821
Per Capita$22,623
Unemployment0.0%
Poverty11.3%
County GDP$1,000M
Commute37 min

Housing

A+
Home Value$143,500
Rent$717
OwnershipN/A
Zillow$227,254

Crime

ViolentN/A
PropertyN/A

Health

Obesity42.6%
UninsuredN/A
Depression27.1%
Heart Disease5.8%

Climate

Avg Temp56°F
AQI41 (Good)
Rain51.0 in/yr
Elevation769 ft

Education

D
Bachelor's+8.2%
High School+84.0%
School Score6.01

Community

2024 VoteR 77% / D 22%
Commute37 min
Libraries1

Is Palmyra a Good Place to Live?

Based on current data, Palmyra receives an overall livability score of 3.5 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing. Areas to be aware of include below-average incomes, long commute times, high obesity rates. Palmyra offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Palmyra is $49,821, 34% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. 11.3% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 37 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in Palmyra is $143,500, 49% below the national median — offering relatively affordable homeownership. Renters pay a median of $717 per month, below the national average — a plus for affordability. At just 2.9x median income, home prices are very affordable relative to local earnings.

Education

8.2% of residents hold a bachelor's degree, below the national average of 33.7%. 84.0% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

Palmyra enjoys a moderate climate with an average annual temperature of 56°F. Winters average 33°F in January while summers reach 77°F in July. Annual precipitation totals 51.0 inches. Air quality is rated Good with a median AQI of 41.

Palmyra has a population of 1,271 with a density of 1,059 people per square mile. The median age is 34.1 years, 12% younger than the national median of 38.9. The city is predominantly White (97.9%).

Population

1,271
Total Population
1,059
People / sq mi
34.1yrs
Median Age
12% below US avg
1.2mi²
Land Area

Gender Distribution

Male 49.1%
Female 50.9%

Race & Ethnicity

Palmyra vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Palmyra vs U.S. Average

The median household income in Palmyra is $49,821, which is 34% below the national average of $75,149. The unemployment rate is 0.0% (below the 3.6% US average). 11.3% of residents live below the poverty line. Workers commute an average of 37 minutes.

Income: Palmyra vs U.S.

Commute Mode

Income

Median HH Income$49,821
34% below US avg
Per Capita Income$22,623
Avg Weekly Wage$846
IRS Avg AGI$57,485

Employment & Poverty

Unemployment0.0%
100% below US avg
Poverty Rate11.3%
9% below US avg
Establishments (County)488
County GDP$1,000M

Business (County)

Restaurants33
Healthcare60
Retail75
Manufacturing30

Tax & Cost of Living

Property Tax (IRS)$2,609
25% below US avg
Effective Tax Rate1.82%

Commute & Transportation

Commute Time37.2 min
Work from Home12.2%

Walkability

The median home value in Palmyra is $143,500, 49% below the national average. Monthly rent averages $717 (38% below US avg). Zillow estimates the typical home value at $227,254.

Home Value Sources

Ownership Split

Home Values

Census Median$143,500
49% below US avg
Zillow ZHVI$227,254
Median List Price$188,000

Real Estate Market (Redfin)

Median List Price$188,000
$/Sq Ft$172
Homes Sold1
Sale-to-List Ratio103.9%
Price Drops0.0%
Inventory1

Rental Costs

Census Median Rent$717
38% below US avg

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied55.8%

Property Tax

Avg Tax (IRS)$2,609
25% below US avg
Effective Rate1.82%
In Palmyra, 42.6% of adults are obese (above the 32.1% national rate). 27.1% report depression. 24.4% are physically inactive.

Health Metrics: Palmyra vs U.S. Average (%)

Chronic Conditions

Obesity42.6%
33% above US avg
Diabetes10.4%
Heart Disease5.8%
High Blood Pressure33.6%
Asthma11.8%
COPD7.7%
Stroke3.0%

Behaviors & Mental Health

Binge Drinking18.6%
Physical Inactivity24.4%
Depression27.1%
Mental Distress19.9%
Physical Distress13.5%

Healthcare Access

Insurance Rate91.7%
Checkup Rate76.9%
Premature Death13,005/100K

Food & Exercise

Food Environment8.0/10
Exercise Access32.0%
Healthcare Facilities60

Crime Rates: Palmyra vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)9

Safety Score

Palmyra has an average annual temperature of 56°F (14°C). Winters average 33°F in January while summers reach 77°F in July. Annual precipitation is 51.0 inches. Air quality is rated Good with a median AQI of 41.

Temperature

33°F Jan (1°C) 77°F Jul (25°C)
Annual Average56.3°F
4% above US avg
January Average33°F (1°C)
July Average77°F (25°C)

Precipitation & Snow

Annual Rainfall51.0 inches
34% above US avg

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation769 ft (234 m)
Area1.2 sq mi (3.1 km²)
Population Density1,059/sq mi
Coordinates38.4084°N, 86.1091°W
County FIPS18175
It is classified as Metro — 1 million+. 8.2% of residents hold a bachelor's degree or higher (76% below US avg). In the 2024 election, the county voted Republican by a 54.8-point margin.

2024 Presidential Election (County)

R 76.6%
D 21.7%

Winner: Republican by 54.8 points

Education

Bachelor's Degree+8.2%
76% below US avg
High School+84.0%
School Test Score6.01
D Education Grade (1.7/5.0)

Urban-Rural Classification

RUCC Code 1Metro — 1 million+
Population Density1,059/sq mi
Total Area1.2 sq mi

Infrastructure & Services

Public Libraries1
Healthcare Facilities60
Restaurants33
Retail Stores75

Safety & Disasters

Fatal Crashes (County/yr)9

Commute & Transportation

Avg Commute37.2 min
Work from Home12.2%

Nearby Cities

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