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Palmyra, UT
Full City Profile · Utah · Utah County County
2.6
/5.0
C+
Fair
346
Population
52/sq mi density
$92,857
Median Income
$35,892 per capita
$583,300
Home Value
$511,660 Zillow
$1,500
Median Rent
25.0% income on rent
53°F
Avg Temperature
308 sunny days/yr
21
Violent Crime/100K
1,298 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$92,857 median income, 3.8% unemployment
B
Affordability
3.1 / 5.0
$583,300 home value, $1,500/mo rent
F
Safety
1.0 / 5.0
21 violent crimes/100K
D
Education
1.8 / 5.0
9.4% bachelor's degree or higher
Income Overview
Median Household Income
$92,857
24% above
US avg: $75,149
Per Capita Income
$35,892
8% below
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Palmyra vs. U.S. Average
Each bar shows Palmyra’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$92,857
124%
Per Capita
US: $39,052
$35,892
92%
IRS Avg AGI
US: $72,000
$93,254
130%
Avg Weekly Wage
US: $1,432
$1,205
84%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,205
16% below US avg ($1,432)
Mean Commute Time
34 min
23% above US avg (28 min)
Work From Home
4.6%
70% below US avg (15.2%)
Drive Alone
67.9%
7% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$47,943M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
67.9%
Public Transit
0%
Work From Home
4.6%
Other
27.5%
Average commute time
34 minutes
US avg: 28 min
Business Landscape
Total Establishments
22,527
Restaurants
1,053
Healthcare
1,855
Retail
2,077
Manufacturing
656
Tax & Financial
IRS Avg Adjusted Gross Income
$93,254
30% above US avg ($72,000)
Avg Property Tax
$3,735
7% above US avg ($3,500)
Cost of Living Index
98.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $92,857 |
| Per Capita Income | $35,892 |
| IRS Avg Adjusted Gross Income | $93,254 |
| Avg Weekly Wage | $1,205 |
| County GDP | $47,943M |
Hardship Indicators
| Unemployment Rate | 3.8% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.421 |
| Cost of Living Index | 98.9 |
Commute
| Mean Commute | 34 minutes |
| Drive Alone | 67.9% |
| Public Transit | 0.0% |
| Work From Home | 4.6% |
Businesses
| Total Establishments | 22,527 |
| Restaurants | 1,053 |
| Healthcare | 1,855 |
| Retail | 2,077 |
| Manufacturing | 656 |
Tax
| IRS Avg AGI | $93,254 |
| Avg Property Tax | $3,735 |