Palmyra, NJ

Full City Profile · New Jersey · Philadelphia County County

3.4 /5.0

B Good

7,447 Population 4,025/sq mi density

$85,014 Median Income $44,529 per capita

$216,600 Home Value $304,630 Zillow

$1,680 Median Rent 31.4% income on rent

56°F Avg Temperature 275 sunny days/yr

112 Violent Crime/100K 1,682 property/100K

Overall

3.4 / 5.0

Good overall score based on economy, affordability, safety and education

Economy

4.4 / 5.0

$85,014 median income, 4.1% unemployment

A+

Affordability

5.0 / 5.0

$216,600 home value, $1,680/mo rent

Safety

1.0 / 5.0

112 violent crimes/100K

Education

3.4 / 5.0

29.7% bachelor's degree or higher

Palmyra, NJ

At a Glance

Median Income

$85,014

13% above

$44,529 per capita

Home Value

$216,600

23% below

Zillow: $304,630

Median Rent

$1,680/mo

44% above

31.4% of income on rent

Violent Crime

112/100K

70% below

1,682/100K property

Bachelor's Degree+

29.7%

12% below

94.6% high school+

Unemployment

4.1%

14% above

4.4% poverty rate

Obesity Rate

31.7%

1% below

13.2% smoking rate

Avg Temperature

56°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

113%

Home Value

77%

Rent

144%

Poverty

35%

Bachelor's

88%

Unemployment

114%

Crime

30%

Thin vertical line = U.S. national average (100%)

Is Palmyra a Good Place to Live?

3.4 / 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 $85,014 , which is 13% above the national average of $75,149. Per capita income is $44,529. The unemployment rate stands at 4.1% (14% above the U.S. rate of 3.6%). 4.4% of residents live below the poverty line. The area is home to 33,641 business establishments, including 3,941 restaurants.

Housing & Cost of Living

The median home value in Palmyra is $216,600 , 23% below the national median of $281,900. Zillow estimates the typical home at $304,630. Median rent is $1,680/month, with 31.4% of renters spending more than 30% of income on housing. The cost of living index is 108.8 (100 = national average). The median home was built in 1956.

Safety & Crime

Palmyra reports 112 violent crimes per 100,000 residents , which is 70% below the national average of 380/100K. Property crime is 1,682/100K. The murder rate is 14.0/100K.

Education

29.7% of adults in Palmyra hold a bachelor's degree or higher (12% below the national average). 94.6% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Palmyra has an average annual temperature of 56°F (14°C). Winters average 34°F in January while summers reach 79°F in July. The area gets 275 sunny days per year. Annual precipitation totals 45.0 inches. Air quality is rated Good with a median AQI of 39.

Data Overview

People

Population7,447

Median Age42.7 yrs

Density4,025/mi²

Male / Female50% / 50%

Foreign Born13.6%

Veterans6.1%

Economy

Median Income$85,014

Per Capita$44,529

Unemployment4.1%

Poverty4.4%

County GDP$134,989M

Avg Weekly Wage$1,600

Housing

A+

Home Value$216,600

Rent$1,680

Ownership69.6%

Zillow$304,630

Housing Units3,413

Rent Burden31.4%

Crime

Violent112/100K

Property1,682/100K

Murder14.0/100K

Assault84/100K

Burglary238/100K

Health

Obesity31.7%

Diabetes9.1%

Smoking13.2%

Heart Disease4.9%

Premature Death11,854/100K

Climate

Avg Temp56°F

Sunny Days275/yr

Rain45.0 in/yr

AQI39 (Good)

Elevation7 ft

Education

Bachelor's+29.7%

High School+94.6%

Graduate+6.1%

School Score6.2/10

Community

2024 VoteR 20% / D 79%

Commute25 min

Broadband90.3%

Internet Speed239 Mbps

EV Stations2

Libraries53

Did You Know?

The median home in Palmyra was built in 1956.

The nearest airport is South Jersey Regional (11 miles).

The Gini coefficient (income inequality) is 0.518 (U.S. avg: 0.490).

Natural hazard risk is rated "Very High" by FEMA.

13.0% of the population has a disability.

13.6% of residents are foreign-born.

Average internet download speed is 239 Mbps.

There are 3,941 restaurants in the area.

The county recorded 133 fatal vehicle crashes.