Palmyra, NJ demographics:
population, income, and more

Total population
7,485
0.5% year-over-year change
Median household income
$89,574/yr
5.4% year-over-year change
Housing units
3,388
-0.5% year-over-year change

Palmyra population

How many people live in Palmyra

Palmyra is home to 7,485 residents, according to the most recent Census data. Gender-wise, 50.1% of Palmyra locals are male, and 49.9% are female.

Total population
7,485
0.5% year-over-year change
Gender ratio
Male
50.1%
3,753
Female
49.9%
3,732
Value Percent YoY change
Male 3,753 50.1% 0.2%
Female 3,732 49.9% 0.8%
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 44, with the population distributed as follows: about 12.2% are children under 15, then 13.1% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.3% of the population, while another 30.4% fall into the 45 to 64 bracket. Finally, around 18.9% are 65 or older.

Median age
44.1
Age breakdown
Under 15
12.2%
15 to 24
13.1%
25 to 44
25.3%
45 to 64
30.4%
Over 65
18.9%
Value Percent YoY change
Under 15 916 12.2% -6.0%
15 to 24 982 13.1% -5.6%
25 to 44 1,896 25.3% 0.5%
45 to 64 2,278 30.4% -4.3%
Over 65 1,413 18.9% 21.2%
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, 91.8% of the population are US-born citizens, while 5.5% have gained naturalized citizenship. At the same time, 2.7% of residents are non-citizens. As for race, 63.3% of locals are Caucasian, 11.9% are African American and 4.1% have Asian roots. There’s also a share of 10.4% that includes residents with two or more races.

Citizenship
U.S.-born citizens
91.8%
Non-U.S.-born citizens
5.5%
Non-citizens
2.7%
Value Percent YoY change
U.S.-born citizens 6,874 91.8% 1.5%
Non-U.S.-born citizens 410 5.5% -8.7%
Non-citizens 201 2.7% -9.9%
Racial breakdown
White
63.3%
Black or African American
11.9%
American Indian and Alaska Native
0.6%
Asian
4.1%
Native Hawaiian and other Pacific Islander
0%
Two or more races
10.4%
Other
9.7%
Value Percent
White 4,737 63.3%
Black or African American 891 11.9%
American Indian and Alaska Native 46 0.6%
Asian 305 4.1%
Two or more races 782 10.4%
Other 724 9.7%

Households in Palmyra

A peek inside Palmyra households

Palmyra has 3,287 households, with an average of 2 members in each. Of these, 55.8% are families, while the remaining 44.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
3,287
0.1% year-over-year change
Average people per household
2
Non-family households
1,454
Family households
1,833
Value Percent YoY change
Non-family households 1,454 44.2% 3.6%
Family households 1,833 55.8% -2.5%
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 3,388 units, with 52.3% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 25.3% and offer a more compact, shared living style.

Housing units
3,388
-0.5% year-over-year change
Housing types
Value Percent
1 unit, detached 1,773 52.3%
1 unit, attached 856 25.3%
2 units 160 4.7%
3 or 4 units 116 3.4%
5 to 9 units 172 5.1%
10 to 19 units 227 6.7%
20 to 49 units 45 1.3%
50 or more units 39 1.2%
Homes built since 2020
0
% year-over-year change

The age of buildings in Palmyra

In Palmyra, the median construction year is 1957. About 30.8% of homes were built before the 1940s, with another 9.5% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 1,042 30.8% -10.5%
Built between 1940 and 1949 321 9.5% 20.2%
Built between 1950 and 1959 449 13.2% 14.8%
Built between 1960 and 1969 162 4.8% 0.6%
Built between 1970 and 1979 634 18.7% -10.7%
Built between 1980 and 1989 364 10.7% 4.0%
Built between 1990 and 1999 125 3.7% 14.7%
Built between 2000 and 2009 270 8% 18.4%
Built between 2010 and 2019 21 0.6% -19.2%
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 3,287 occupied housing units in Palmyra, 71.4% are owner-occupied, while 28.6% are lived in by tenants. Meanwhile, 3% of all homes on the local market sit vacant.

Occupied housing units
3,287
0.1% year-over-year change
Occupancy breakdown
Renter occupied
939
Owner occupied
2,348
Value Percent YoY
change
Renter occupied 939 28.6% -5.9%
Owner occupied 2,348 71.4% 2.8%
Unoccupied housing units
3.0%
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 $1,691 per month, while tenants specifically pay a median gross rent of $1,696.

Median housing costs per month
$1,691/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
$1,696/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 35.6% of the population in Palmyra went to high school, while 19.8% pursued college studies. Another 11.5% earned an associate degree and 23.2% hold a bachelor’s. Meanwhile, 8.1% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 114 1.8% -8.8%
High school diploma 2,209 35.6% -0.1%
College diploma 1,231 19.8% -12.6%
Associate degree 714 11.5% 9.3%
Bachelor's degree 1,439 23.2% 8.8%
Graduate degree 504 8.1% 24.1%
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 $100,130 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 $89,574, reflecting a +5.4% shift over the same period.

Average household income in Palmyra
$100,130/year
1.0% year-over-year change
Median household income in Palmyra
$89,574/year
5.4% 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 $88,500. Those with someone between 45 and 64 in charge, often well established professionally, earn $99,000 overall. Overall, 89.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $88,500 -6.8%
45 - 64 $99,000 10.8%
Over 65 $60,938 0.1%
Above poverty level
6,667
Below poverty level
763
Value Percent YoY
change
Above poverty level 6,667 89.7% -0.8%
Below poverty level 763 10.3% 15.8%

Average renter income in Palmyra

To get a better sense of what renters earn on average in Palmyra, their median household income was $66,875 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 30.4%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$66,875
Rent-to-income ratio
30.4%
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 4,297 working residents, spread across a range of industries and roles. 81.4% of the working population are employed in professional or administrative positions, while 18.6% are in hands-on or service-based jobs. Also, 4.5% run their own businesses, 75.7% are employed by private companies, and 13% work in the public sector.

Workforce demographics

Working population
4,297
0.2% year-over-year change
White collar
3,496
Blue collar
801
Value Percent YoY change
White collar 3,496 81.4% 5.0%
Blue collar 801 18.6% -16.5%
Employer type
Self employees
4.5%
Private companies
75.7%
Governmental workers
13%
Not for profit companies
6.9%
Value Percent YoY change
Self employees 192 4.5% -5.4%
Private companies 3,251 75.7% 0.4%
Governmental workers 557 13% 6.9%
Not for profit companies 297 6.9% -9.2%
Unemployment rate
6.5%
13.8% year-over-year change

Available workforce

The unemployment rate in Palmyra stands at 6.5%, 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: 75.3% of residents travel by personal vehicle and 3% 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 3,136 75.3% -5.0%
Taxicab 21 0.5% N/A
Bus or trolleybus 21 0.5% -38.2%
Subway or elevated 28 0.7% N/A
Railroad 38 0.9% 171.4%
Bicycle 15 0.4% 400.0%
Walk 126 3% 11.5%
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
08065 7,485 3,287 $89,574 $100,130

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FAQs about Palmyra demographics 

What is the total population of Palmyra?

Palmyra has a total population of 7,485 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 +0.5% compared to a year ago.

What is the gender ratio in Palmyra?

The gender ratio in Palmyra is as follows:
  • 50.1% males (3,753 residents)
  • 49.9% females (3,732 residents)

What is the median age in Palmyra?

The median age in Palmyra is 44.1.

What is the age distribution of the population in Palmyra?

The age distribution in Palmyra is as follows:
  • Under 15: 12.2% (916 residents)
  • Ages 15-24: 13.1% (982 residents)
  • Ages 25-44: 25.3% (1,896 residents)
  • Ages 45-64: 30.4% (2,278 residents)
  • Over 65: 18.9% (1,413 residents)

What is the racial and ethnic makeup of Palmyra?

The racial and ethnic makeup of Palmyra is as follows:
  • White: 63.3% (4,737 residents)
  • Black or African American: 11.9% (891 residents)
  • American Indian and Alaska Native: 0.6% (46 residents)
  • Asian: 4.1% (305 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 10.4% (782 residents)
  • Other: 9.7% (724 residents)

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

U.S.-born citizens represent 91.8% of the population in Palmyra.

How many housing units are there in Palmyra?

There are 3,388 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 3,287 households, with an average of 2 people in each.

What is the median household income in Palmyra?

Palmyra has a median household income of $89,574, representing a +5.4% 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 93.5% in Palmyra, with a workforce of 4,297 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 81.4% (3,496 residents)
  • Blue-collar workers: 18.6% (801 residents)

Places of employment:
  • Self-employed: 4.5% (192 residents)
  • Private companies: 75.7% (3,251 residents)
  • Governmental workers: 13% (557 residents)
  • Not-for-profit companies: 6.9% (297 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