Palmyra, MO demographics:
population, income, and more

Total population
3,623
0.1% year-over-year change
Median household income
$69,922/yr
1.0% year-over-year change
Housing units
1,640
-0.5% year-over-year change

Palmyra population

How many people live in Palmyra

Palmyra is home to 3,623 residents, according to the most recent Census data. Gender-wise, 52.6% of Palmyra locals are male, and 47.4% are female.

Total population
3,623
0.1% year-over-year change
Gender ratio
Male
52.6%
1,905
Female
47.4%
1,718
Value Percent YoY change
Male 1,905 52.6% 3.5%
Female 1,718 47.4% -3.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Palmyra is 38, with the population distributed as follows: about 22.1% are children under 15, then 10.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 28.3% of the population, while another 20.2% fall into the 45 to 64 bracket. Finally, around 19.4% are 65 or older.

Median age
37.8
Age breakdown
Under 15
22.1%
15 to 24
10.1%
25 to 44
28.3%
45 to 64
20.2%
Over 65
19.4%
Value Percent YoY change
Under 15 802 22.1% 5.2%
15 to 24 366 10.1% 13.0%
25 to 44 1,024 28.3% -7.0%
45 to 64 730 20.2% -3.6%
Over 65 701 19.4% 3.7%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Palmyra, 98.9% of the population are US-born citizens, while 0.3% have gained naturalized citizenship. At the same time, 0.8% of residents are non-citizens. As for race, 83.1% of locals are Caucasian, 5.1% are African American and 0.1% have Asian roots. There’s also a share of 8.7% that includes residents with two or more races.

Citizenship
U.S.-born citizens
98.9%
Non-U.S.-born citizens
0.3%
Non-citizens
0.8%
Value Percent YoY change
U.S.-born citizens 3,584 98.9% -0.2%
Non-U.S.-born citizens 12 0.3% -7.7%
Non-citizens 27 0.8% 68.8%
Racial breakdown
White
83.1%
Black or African American
5.1%
American Indian and Alaska Native
1.2%
Asian
0.1%
Native Hawaiian and other Pacific Islander
0%
Two or more races
8.7%
Other
1.9%
Value Percent
White 3,011 83.1%
Black or African American 184 5.1%
American Indian and Alaska Native 42 1.2%
Asian 3 0.1%
Two or more races 315 8.7%
Other 68 1.9%

Households in Palmyra

A peek inside Palmyra households

Palmyra has 1,415 households, with an average of 2 members in each. Of these, 65% are families, while the remaining 35% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,415
0.5% year-over-year change
Average people per household
2
Non-family households
496
Family households
919
Value Percent YoY change
Non-family households 496 35% 8.5%
Family households 919 65% -3.4%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Palmyra

The housing landscape of Palmyra

Palmyra's housing consists of 1,640 units, with 69.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.5% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.9% of the housing landscape.

Housing units
1,640
-0.5% year-over-year change
Housing types
Value Percent
1 unit, detached 1,145 69.8%
1 unit, attached 57 3.5%
2 units 132 8%
3 or 4 units 123 7.5%
5 to 9 units 79 4.8%
10 to 19 units 14 0.8%
20 to 49 units 9 0.6%
Mobile home 81 4.9%
Homes built since 2020
42
2.4% year-over-year change

The age of buildings in Palmyra

In Palmyra, the median construction year is 1969. About 21.1% of homes were built before the 1940s, with another 3.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 4.9% of homes were added from 2000 to 2009, 3.8% between 2010 and 2019, and 2.6% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 346 21.1% -0.9%
Built between 1940 and 1949 63 3.8% 14.6%
Built between 1950 and 1959 220 13.4% -11.3%
Built between 1960 and 1969 221 13.5% -20.8%
Built between 1970 and 1979 262 16% 0.8%
Built between 1980 and 1989 156 9.5% 28.9%
Built between 1990 and 1999 188 11.5% 11.9%
Built between 2000 and 2009 80 4.9% 37.9%
Built between 2010 and 2019 62 3.8% -10.1%
Built in 2020 or later 42 2.6% 2.4%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Palmyra occupancy rates

Out of the 1,415 occupied housing units in Palmyra, 72.4% are owner-occupied, while 27.6% are lived in by tenants. Meanwhile, 13.7% of all homes on the local market sit vacant.

Occupied housing units
1,415
0.5% year-over-year change
Occupancy breakdown
Renter occupied
391
Owner occupied
1,024
Value Percent YoY
change
Renter occupied 391 27.6% 0.5%
Owner occupied 1,024 72.4% 0.5%
Unoccupied housing units
13.7%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Palmyra housing costs

Housing costs in Palmyra come to a median of $860 per month, while tenants specifically pay a median gross rent of $843.

Median housing costs per month
$860/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Palmyra
$843/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Palmyra

Palmyra education at a glance

About 40% of the population in Palmyra went to high school, while 16.9% pursued college studies. Another 16.1% earned an associate degree and 15.7% hold a bachelor’s. Meanwhile, 9.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 43 1.6% -25.9%
High school diploma 1,089 40% -8.3%
College diploma 461 16.9% -3.4%
Associate degree 438 16.1% 32.7%
Bachelor's degree 428 15.7% -15.2%
Graduate degree 262 9.6% 20.7%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Palmyra

How much people earn in Palmyra

The average annual household income in Palmyra was $80,117 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -1% change from the previous year. At the same time, the median income stood at $69,922, reflecting a +1% shift over the same period.

Average household income in Palmyra
$80,117/year
-1.0% year-over-year change
Median household income in Palmyra
$69,922/year
1.0% year-over-year change

Palmyra income by age

In Palmyra, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $104,271. Those with someone between 45 and 64 in charge, often well established professionally, earn $69,545 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $2,499, while those led by someone over 65, many of whom may be retired, have about $48,242 in earnings. Overall, 95% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $2,499 N/A
25 - 44 $104,271 15.6%
45 - 64 $69,545 -16.2%
Over 65 $48,242 0.7%
Above poverty level
3,222
Below poverty level
168
Value Percent YoY
change
Above poverty level 3,222 95% 3.4%
Below poverty level 168 5% -44.0%

Average renter income in Palmyra

To get a better sense of what renters earn on average in Palmyra, their median household income was $32,500 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 31.1%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$32,500
Rent-to-income ratio
31.1%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Palmyra

Workforce and job types in Palmyra

The job market in Palmyra is powered by 1,564 working residents, spread across a range of industries and roles. 68.2% of the working population are employed in professional or administrative positions, while 31.8% are in hands-on or service-based jobs. Also, 8.8% run their own businesses, 68.5% are employed by private companies, and 12.8% work in the public sector.

Workforce demographics

Working population
1,564
-11.4% year-over-year change
White collar
1,067
Blue collar
497
Value Percent YoY change
White collar 1,067 68.2% -15.4%
Blue collar 497 31.8% -1.6%
Employer type
Self employees
8.8%
Private companies
68.5%
Governmental workers
12.8%
Not for profit companies
9.8%
Value Percent YoY change
Self employees 138 8.8% -3.5%
Private companies 1,072 68.5% -13.7%
Governmental workers 201 12.8% -2.4%
Not for profit companies 153 9.8% -12.6%
Unemployment rate
3.2%
26.8% year-over-year change

Available workforce

The unemployment rate in Palmyra stands at 3.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Palmyra

How people get around in Palmyra

Commuting methods vary: 85.9% of residents travel by personal vehicle and 4.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,343 85.9% -13.0%
Taxicab 2 0.1% 100.0%
Walk 70 4.5% 0.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Palmyra by zipcode?

Zipcode Population Number of households Median income Average income
63461 5,446 2,179 $69,707 $82,457

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FAQs about Palmyra demographics 

What is the total population of Palmyra?

Palmyra has a total population of 3,623 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.1% compared to a year ago.

What is the gender ratio in Palmyra?

The gender ratio in Palmyra is as follows:
  • 52.6% males (1,905 residents)
  • 47.4% females (1,718 residents)

What is the median age in Palmyra?

The median age in Palmyra is 37.8.

What is the age distribution of the population in Palmyra?

The age distribution in Palmyra is as follows:
  • Under 15: 22.1% (802 residents)
  • Ages 15-24: 10.1% (366 residents)
  • Ages 25-44: 28.3% (1,024 residents)
  • Ages 45-64: 20.2% (730 residents)
  • Over 65: 19.4% (701 residents)

What is the racial and ethnic makeup of Palmyra?

The racial and ethnic makeup of Palmyra is as follows:
  • White: 83.1% (3,011 residents)
  • Black or African American: 5.1% (184 residents)
  • American Indian and Alaska Native: 1.2% (42 residents)
  • Asian: 0.1% (3 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 8.7% (315 residents)
  • Other: 1.9% (68 residents)

What percentage of the population in Palmyra are U.S.-born citizens?

U.S.-born citizens represent 98.9% of the population in Palmyra.

How many housing units are there in Palmyra?

There are 1,640 housing units in Palmyra, reflecting a -0.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Palmyra and what is the average household size?

Palmyra has a total of 1,415 households, with an average of 2 people in each.

What is the median household income in Palmyra?

Palmyra has a median household income of $69,922, representing a +1.0% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Palmyra?

The employment rate is 96.8% in Palmyra, with a workforce of 1,564 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 68.2% (1,067 residents)
  • Blue-collar workers: 31.8% (497 residents)

Places of employment:
  • Self-employed: 8.8% (138 residents)
  • Private companies: 68.5% (1,072 residents)
  • Governmental workers: 12.8% (201 residents)
  • Not-for-profit companies: 9.8% (153 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025