Living in Palmyra, Wisconsin
Cost of living, income, home prices, rent and demographics of Palmyra · Census data 2020–2024
Palmyra has 2,195 residents with a median age of 36.2. The median household income is $86,058 (11% higher than the Wisconsin median), the median home value is $213,100, the median rent is $775/month.
Palmyra at a glance
- Population
- 2,195
- Median age
- 36.2State: 40.2
- Median household income
- $86,058State: $77,485
- Median home value
- $213,100State: $266,500
- Median rent
- $775/moState: $1,087
- Homeowners
- 69.9%
- Bachelor's degree or higher
- 21%
- Average commute
- 29 min
Is Palmyra a good place to live?
Pros: Median household income 11% higher than the Wisconsin median; home values 20% lower than the state median; unemployment of 3.2%.
Cons: An average commute of 29 minutes; a poverty rate of 11.4%.
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 $213,100, 36% lower than the U.S. median. Renters pay a median of $775 per month, which is 24.9% of household income. Homeowners with a mortgage pay $1,567 a month in housing costs.
Palmyra median household income
The median household income in Palmyra is $86,058 and the income per person is $36,813. 11.4% of residents live below the poverty line (Wisconsin: 10.6%).
Housing in Palmyra: homes for sale and rent
- Housing units
- 890
- Owner-occupied
- 69.9%
- Renter-occupied
- 30.1%
- Vacant
- 5.3%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.60
Palmyra demographics
- Population
- 2,195
- Median age
- 36.2
- Under 18
- 22.1%
- 65 and older
- 11.4%
- Households
- 843
- Foreign-born
- 2.6%
- Veterans
- 3.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Palmyra ›
Education in Palmyra
21% of adults 25 and older in Palmyra have a bachelor's degree or higher (Wisconsin: 33.4%), and 6.2% have a graduate or professional degree.
Jobs and commute in Palmyra
- Unemployment rate
- 3.2%State: 3.2%
- Average commute
- 29 minState: 22 min
- Work from home
- 2.5%
- Drive alone
- 78%
- Public transit
- 0%
- Walk to work
- 11.8%
- Homes with broadband
- 91.2%
Palmyra vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Palmyra | 2,195 | $86,058 | $213,100 | $775 |
| Hebron | 344 | $79,844 | $289,800 | $1,297 |
| Eagle | 2,054 | $112,083 | $331,900 | $877 |
| Whitewater | 15,807 | $54,969 | $229,400 | $1,041 |
| Rome | 620 | $92,083 | $326,200 | $1,047 |
| Lauderdale Lakes | 1,469 | $74,313 | $378,300 | — |
| Sullivan | 663 | $71,250 | $257,400 | $1,160 |
| Dousman | 2,479 | $96,513 | $392,800 | $1,421 |
| North Prairie | 2,385 | $152,798 | $424,100 | $1,304 |
More for people moving to Palmyra
Palmyra ZIP code ›Weather and climate ›Living in Palmyra: FAQ
What is the median household income in Palmyra, WI?
The median household income in Palmyra is $86,058, 11% higher than the Wisconsin median of $77,485 (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 $213,100, compared with $266,500 in Wisconsin.
How much is rent in Palmyra?
The median gross rent in Palmyra is $775 per month, about 24.9% of household income.
Is Palmyra, WI a good place to live?
Pluses: median household income 11% higher than the Wisconsin median; home values 20% lower than the state median; unemployment of 3.2%. Minuses: an average commute of 29 minutes; a poverty rate of 11.4%.
What is the median age in Palmyra?
The median age in Palmyra is 36.2 years (Wisconsin: 40.2).
How long is the commute in Palmyra?
The average commute to work in Palmyra is 29 minutes; 2.5% of workers work from home.
What is the unemployment rate in Palmyra?
The unemployment rate in Palmyra is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Palmyra?
21% 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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