All Countries
Palmyra, IN
Full City Profile · Indiana · Washington County County
2.8
/5.0
C+
Fair
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
36.1% income on rent
56°F
Avg Temperature
290 sunny days/yr
244
Violent Crime/100K
5,622 property/100K
C+
Overall
2.8 / 5.0
Fair 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
F
Safety
1.0 / 5.0
244 violent crimes/100K
D
Education
1.7 / 5.0
8.2% bachelor's degree or higher
Housing Overview
Median Home Value
$143,500
49% below
US avg: $281,900
Median Rent
$717/mo
38% below
US avg: $1,163/mo
Homeownership Rate
55.8%
15% below US avg (65.4%)
Total Housing Units
605
Median year built: 1982
Home Value by Source
Census Median
$143,500
Zillow (ZHVI)
$227,254
Median Sale Price
$135,000
Median List Price
$188,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
55.8%
Owner-Occupied
44.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$717/mo
Market Indicators (Redfin)
Median Days on Market
326 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$172
Active Inventory
1
homes for sale
Affordability & Housing Stock
Rent Burden
36.1%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
55.8%
Complete Housing Data
Home Values
| Census Median Value | $143,500 |
| Zillow Home Value (ZHVI) | $227,254 |
| Median Sale Price | $135,000 |
| Median List Price | $188,000 |
| Price Per Sq Ft | $172 |
Rent
| Census Median Rent | $717 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 326 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 1 |
| Price Per Sq Ft | $172 |
Ownership & Stock
| Owner-Occupied | 55.8% |
| Renter-Occupied | 44.2% |
| Homeownership Rate | 55.8% |
| Total Housing Units | 605 |
| Median Year Built | 1982 |
| Rent Burden | 36.1% |