Palmyra, NY
Population 3,306 · New York
About Palmyra, NY
Palmyra is a small community in New York with a population of 3,306 residents. The median household income is $66,647 per year, which is near the national average. The median age in Palmyra is 37.9 years.
Housing in Palmyra has a median home value of $125,200 and median monthly rent of $936. Of the 1,655 total housing units, the majority are owner-occupied, with 839 owner-occupied and 712 renter-occupied units.
The unemployment rate in Palmyra is 0.5% and the poverty rate is 11.1%. 25.0% of residents hold a bachelor's degree or higher. The average commute time is 21.3 minutes.
How Palmyra Ranks in New York
Cost of Living in Palmyra, NY
Compared to national averages, Palmyra has a median household income of $66,647 (11% below the national median of $75,149). Home values average $125,200, which is 49% below the national median. Monthly rent at $936 is 20% below the US average of $1,163. Within New York, Palmyra's income is 31% below the state average of $96,987, and home values are 68% below the state median of $387,181.
Why Live in Palmyra, NY?
Palmyra offers affordable housing with a median home value of $125,200, below the US average of $244,900, and rent that’s lower than the national average at $936/month, and a strong job market with an unemployment rate of just 0.5%. Additionally, the city features a low poverty rate of 11.1%, better than the national average, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($66,647) that falls below the national average. However, Palmyra’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Palmyra has a population of 3,306 with a median age of 37.9 years. Compare Palmyra with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Palmyra
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Warrensburg | 3,285 | $65,176 | $146,200 | Compare |
| Vassar College | 3,276 | $119,836 | $0 | Compare |
| South Hempstead | 3,350 | $175,741 | $595,400 | Compare |
| Mount Morris | 3,258 | $52,697 | $89,000 | Compare |
| Ravena | 3,256 | $77,163 | $194,400 | Compare |
| Hartsdale | 3,254 | $152,619 | $341,500 | Compare |
| Beaver Dam Lake | 3,361 | $117,700 | $404,100 | Compare |
| Lake Erie Beach | 3,247 | $57,234 | $149,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Palmyra With Other Cities
Frequently Asked Questions about Palmyra
What is the population of Palmyra, NY?
The population of Palmyra, NY is 3,306 according to the latest Census data.
What is the median household income in Palmyra?
The median household income in Palmyra, NY is $66,647 per year.
What is the median home value in Palmyra?
The median home value in Palmyra, NY is $125,200.
What is the average rent in Palmyra?
The median monthly rent in Palmyra, NY is $936.
What is the unemployment rate in Palmyra?
The unemployment rate in Palmyra, NY is 0.5%.