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Palmyra, NE

Full City Profile · Nebraska · Otoe County County

3.1 /5.0
B Good
642 Population 1,888/sq mi density
$81,458 Median Income $36,292 per capita
$160,900 Home Value $327,716 Zillow
$1,143 Median Rent 23.8% income on rent
51°F Avg Temperature 275 sunny days/yr
338 Violent Crime/100K 3,349 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$81,458 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$160,900 home value, $1,143/mo rent
F
Safety
1.0 / 5.0
338 violent crimes/100K
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher

Palmyra, NE

At a Glance

Median Income
$81,458
8% above
$36,292 per capita
Home Value
$160,900
43% below
Zillow: $327,716
Median Rent
$1,143/mo
2% below
23.8% of income on rent
Violent Crime
338/100K
11% below
3,349/100K property
Bachelor's Degree+
10.1%
70% below
94.0% high school+
Unemployment
3.1%
14% below
3.9% poverty rate
Obesity Rate
38.6%
20% above
12.4% smoking rate
Avg Temperature
51°F
275 sunny days/yr

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)

Income
108%
Home Value
57%
Rent
98%
Poverty
31%
Bachelor's
30%
Unemployment
86%
Crime
89%
Thin vertical line = U.S. national average (100%)

Is Palmyra a Good Place to Live?

B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palmyra residents earn a median household income of $81,458 , which is 8% above the national average of $75,149. Per capita income is $36,292. The unemployment rate stands at 3.1% (14% below the U.S. rate of 3.6%). 3.9% of residents live below the poverty line. The area is home to 508 business establishments, including 42 restaurants.

Housing & Cost of Living

The median home value in Palmyra is $160,900 , 43% below the national median of $281,900. Zillow estimates the typical home at $327,716. Median rent is $1,143/month, with 23.8% of renters spending more than 30% of income on housing. The cost of living index is 90.1 (100 = national average). The median home was built in 1964.

Safety & Crime

Palmyra reports 338 violent crimes per 100,000 residents , which is 11% below the national average of 380/100K. Property crime is 3,349/100K.

Education

10.1% of adults in Palmyra hold a bachelor's degree or higher (70% below the national average). 94.0% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Palmyra has an average annual temperature of 51°F (11°C). Winters average 24°F in January while summers reach 76°F in July. The area gets 275 sunny days per year. Annual precipitation totals 32.2 inches. Air quality is rated Good with a median AQI of 32.

Data Overview

People

Population642
Median Age31.7 yrs
Density1,888/mi²
Male / Female53% / 47%
Foreign Born13.6%
Veterans10.9%

Economy

A+
Median Income$81,458
Per Capita$36,292
Unemployment3.1%
Poverty3.9%
County GDP$1,791M
Avg Weekly Wage$1,020

Housing

A+
Home Value$160,900
Rent$1,143
Ownership92.8%
Zillow$327,716
Housing Units294
Rent Burden23.8%

Crime

F
Violent338/100K
Property3,349/100K

Health

Obesity38.6%
Diabetes8.4%
Smoking12.4%
Heart Disease4.9%
Premature Death7,091/100K

Climate

Avg Temp51°F
Sunny Days275/yr
Rain32.2 in/yr
AQI32 (Good)
Elevation1,201 ft

Education

D
Bachelor's+10.1%
High School+94.0%
Graduate+3.0%
School Score5.6/10

Community

2024 VoteR 69% / D 30%
Commute30 min
Broadband92.8%
Internet Speed61 Mbps
EV Stations2
Libraries4

Did You Know?

The median home in Palmyra was built in 1964.
The nearest airport is Lincoln (25 miles).
The Gini coefficient (income inequality) is 0.416 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
8.8% of the population has a disability.
13.6% of residents are foreign-born.
The county recorded 2 fatal vehicle crashes.