Palmyra, NY

Full City Profile · New York · Wayne County County

4.1 /5.0
A Great
3,306 Population 2,449/sq mi density
$66,647 Median Income $41,971 per capita
$125,200 Home Value $245,943 Zillow
$936 Median Rent 26.6% income on rent
49°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.3 / 5.0
$66,647 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$125,200 home value, $936/mo rent
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher

Palmyra, NY

At a Glance

Median Income
$66,647
11% below
$41,971 per capita
Home Value
$125,200
56% below
Zillow: $245,943
Median Rent
$936/mo
20% below
26.6% of income on rent
Bachelor's Degree+
25.0%
26% below
91.8% high school+
Unemployment
0.5%
86% below
2.7% poverty rate
Obesity Rate
37.4%
17% above
14.7% smoking rate
Avg Temperature
49°F

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
89%
Home Value
44%
Rent
80%
Poverty
22%
Bachelor's
74%
Unemployment
14%
Thin vertical line = U.S. national average (100%)

Is Palmyra a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Palmyra residents earn a median household income of $66,647 , which is 11% below the national average of $75,149. Per capita income is $41,971. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 2.7% of residents live below the poverty line. The area is home to 2,114 business establishments, including 159 restaurants.

Housing & Cost of Living

The median home value in Palmyra is $125,200 , 56% below the national median of $281,900. Zillow estimates the typical home at $245,943. Median rent is $936/month, with 26.6% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1941.

Education

25.0% of adults in Palmyra hold a bachelor's degree or higher (26% below the national average). 91.8% have completed high school. Local schools score 5.4/10 in standardized testing.

Climate & Weather

Palmyra has an average annual temperature of 49°F (9°C). Winters average 27°F in January while summers reach 71°F in July. Annual precipitation totals 33.4 inches. Air quality is rated Good with a median AQI of 33.

Data Overview

People

Population3,306
Median Age37.9 yrs
Density2,449/mi²
Male / Female48% / 52%
Foreign Born1.3%
Veterans2.6%

Economy

A
Median Income$66,647
Per Capita$41,971
Unemployment0.5%
Poverty2.7%
County GDP$5,130M
Avg Weekly Wage$1,096

Housing

A+
Home Value$125,200
Rent$936
Ownership54.1%
Zillow$245,943
Housing Units1,672
Rent Burden26.6%

Health

Obesity37.4%
Diabetes8.7%
Smoking14.7%
Heart Disease5.4%
Premature Death8,850/100K

Climate

Avg Temp49°F
Rain33.4 in/yr
AQI33 (Good)
Elevation464 ft

Education

B
Bachelor's+25.0%
High School+91.8%
Graduate+11.9%
School Score5.4/10

Community

2024 VoteR 62% / D 38%
Commute21 min
Broadband85.7%
Internet Speed153 Mbps
EV Stations4
Libraries13

Did You Know?

Palmyra was founded in 1827.
The median home in Palmyra was built in 1941.
The nearest airport is Frederick Douglass/Greater Rochester International (23 miles).
The Gini coefficient (income inequality) is 0.423 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.5% of the population has a disability.
Average internet download speed is 153 Mbps.
There are 159 restaurants in the area.
The county recorded 7 fatal vehicle crashes.