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Palmyra, NY

Full City Profile · New York · Wayne County County

3.3 /5.0
B Good
3,306 Population 2,449/sq mi density
$66,647 Median Income $41,971 per capita
$125,200 Home Value $223,147 Zillow
$936 Median Rent 26.6% income on rent
49°F Avg Temperature 261 sunny days/yr
459 Violent Crime/100K 2,880 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$66,647 median income, 0.3% unemployment
A+
Affordability
5.0 / 5.0
$125,200 home value, $936/mo rent
F
Safety
1.0 / 5.0
459 violent crimes/100K (21% above avg)
B
Education
3.0 / 5.0
25.0% bachelor's degree or higher

Housing Overview

Median Home Value
$125,200
56% below
US avg: $281,900
Median Rent
$936/mo
20% below
US avg: $1,163/mo
Homeownership Rate
54.1%
17% below US avg (65.4%)
Total Housing Units
1,672
Median year built: 1941

Home Value by Source

Census Median
$125,200
Zillow (ZHVI)
$223,147
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.1%
Owner-Occupied
45.9%
Renter-Occupied
54%
46%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,215/mo
1 Bedroom
$1,315/mo
2 Bedroom
$1,579/mo
3 Bedroom
$1,976/mo
4 Bedroom
$2,193/mo
Census median rent: $936/mo

Affordability & Housing Stock

Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1941
Average age of housing stock: 85 years
Homeownership Rate
54.1%

Complete Housing Data

Home Values

Census Median Value$125,200
Zillow Home Value (ZHVI)$223,147

Rent

Census Median Rent$936
FMR Studio$1,215
FMR 1-Bedroom$1,315
FMR 2-Bedroom$1,579
FMR 3-Bedroom$1,976
FMR 4-Bedroom$2,193

Market

Ownership & Stock

Owner-Occupied54.1%
Renter-Occupied45.9%
Homeownership Rate54.1%
Total Housing Units1,672
Median Year Built1941
Rent Burden26.6%