Living in Palmyra, Pennsylvania
Cost of living, income, home prices, rent and demographics of Palmyra · Census data 2020–2024
Palmyra has 1,241 residents with a median age of 51.2. The median household income is $72,361 (7% lower than the Pennsylvania median), the median home value is $283,100, the median rent is $1,070/month.
Palmyra is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Palmyra at a glance
- Population
- 1,241
- Median age
- 51.2State: 40.9
- Median household income
- $72,361State: $77,971
- Median home value
- $283,100State: $254,500
- Median rent
- $1,070/moState: $1,209
- Homeowners
- 82.2%
- Bachelor's degree or higher
- 31.8%
- Average commute
- 30 min
Is Palmyra a good place to live?
Pros: A poverty rate of 4.7%.
Cons: Median household income 7% lower than the Pennsylvania median; home values 11% higher than the state median; an average commute of 30 minutes; unemployment of 5.7%.
The weather is best in June to September.
Cost of living in Palmyra
Housing is the biggest part of the cost of living. In Palmyra the median home value is $283,100, 15% lower than the U.S. median. Renters pay a median of $1,070 per month, which is 33.2% of household income. Homeowners with a mortgage pay $1,497 a month in housing costs.
Palmyra median household income
The median household income in Palmyra is $72,361 and the income per person is $52,586. 4.7% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Palmyra: homes for sale and rent
- Housing units
- 614
- Owner-occupied
- 82.2%
- Renter-occupied
- 17.8%
- Vacant
- 18.4%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 2.48
Palmyra demographics
- Population
- 1,241
- Median age
- 51.2
- Under 18
- 15%
- 65 and older
- 16.8%
- Households
- 501
- Foreign-born
- 2.8%
- Veterans
- 9.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Palmyra ›
Education in Palmyra
31.8% of adults 25 and older in Palmyra have a bachelor's degree or higher (Pennsylvania: 35.2%), and 13.3% have a graduate or professional degree.
Jobs and commute in Palmyra
- Unemployment rate
- 5.7%State: 5.3%
- Average commute
- 30 minState: 26 min
- Work from home
- 9.1%
- Drive alone
- 83.4%
- Public transit
- 0%
- Walk to work
- 3.8%
- Homes with broadband
- 89.8%
Palmyra vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palmyra | 1,241 | $72,361 | $283,100 | $1,070 |
| White Mills | 703 | $27,284 | $195,000 | $1,156 |
| Hawley | 925 | $48,160 | $188,400 | $1,025 |
| Texas | 2,223 | $42,403 | $215,900 | $1,016 |
| Cherry Ridge | 2,090 | $80,250 | $279,800 | $892 |
| Berlin | 2,832 | $68,494 | $246,900 | $954 |
| Honesdale | 4,467 | $47,485 | $182,400 | $1,097 |
| Paupack | 3,714 | $75,302 | $345,000 | $1,572 |
| Lackawaxen | 5,253 | $78,920 | $278,800 | $963 |
More for people moving to Palmyra
Palmyra ZIP code ›Weather and climate ›Living in Palmyra: FAQ
What is the median household income in Palmyra, PA?
The median household income in Palmyra is $72,361, 7% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Palmyra?
The median home value in Palmyra is $283,100, compared with $254,500 in Pennsylvania.
How much is rent in Palmyra?
The median gross rent in Palmyra is $1,070 per month, about 33.2% of household income.
Is Palmyra, PA a good place to live?
Pluses: a poverty rate of 4.7%. Minuses: median household income 7% lower than the Pennsylvania median; home values 11% higher than the state median; an average commute of 30 minutes; unemployment of 5.7%.
What is the median age in Palmyra?
The median age in Palmyra is 51.2 years (Pennsylvania: 40.9).
How long is the commute in Palmyra?
The average commute to work in Palmyra is 30 minutes; 9.1% of workers work from home.
What is the unemployment rate in Palmyra?
The unemployment rate in Palmyra is 5.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palmyra?
31.8% of adults in Palmyra have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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