Palmyra, TN demographics:
population, income, and more

Total population
1,506
-13.2% year-over-year change
Median household income
$59,083/yr
-19.1% year-over-year change
Housing units
754
-8.4% year-over-year change

Palmyra population

How many people live in Palmyra

Palmyra is home to 1,506 residents, according to the most recent Census data. Gender-wise, 48.9% of Palmyra locals are male, and 51.1% are female.

Total population
1,506
-13.2% year-over-year change
Gender ratio
Male
48.9%
736
Female
51.1%
770
Value Percent YoY change
Male 736 48.9% -14.8%
Female 770 51.1% -11.5%
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 58, with the population distributed as follows: about 8.4% are children under 15, then 6.3% are in the 15 to 24 age group. Adults between 25 and 44 make up 21.6% of the population, while another 34% fall into the 45 to 64 bracket. Finally, around 29.8% are 65 or older.

Median age
57.9
Age breakdown
Under 15
8.4%
15 to 24
6.3%
25 to 44
21.6%
45 to 64
34%
Over 65
29.8%
Value Percent YoY change
Under 15 126 8.4% -30.8%
15 to 24 95 6.3% -10.4%
25 to 44 325 21.6% -28.6%
45 to 64 512 34% -4.5%
Over 65 448 29.8% -1.5%
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, 95.8% of the population are US-born citizens, while 4.2% have gained naturalized citizenship. As for race, 94.2% of locals are Caucasian, 1.2% are African American and 2.3% have Asian roots. There’s also a share of 2.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
95.8%
Non-U.S.-born citizens
4.2%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 1,443 95.8% -13.1%
Non-U.S.-born citizens 63 4.2% -13.7%
Racial breakdown
White
94.2%
Black or African American
1.2%
American Indian and Alaska Native
0%
Asian
2.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2.3%
Other
0%
Value Percent
White 1,419 94.2%
Black or African American 18 1.2%
Asian 35 2.3%
Two or more races 34 2.3%

Households in Palmyra

A peek inside Palmyra households

Palmyra has 659 households, with an average of 2 members in each. Of these, 54% are families, while the remaining 46% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
659
-9.7% year-over-year change
Average people per household
2
Non-family households
303
Family households
356
Value Percent YoY change
Non-family households 303 46% -2.6%
Family households 356 54% -15.0%
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 754 units, with 67.8% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 32.2% of the housing landscape.

Housing units
754
-8.4% year-over-year change
Housing types
Value Percent
1 unit, detached 511 67.8%
Mobile home 243 32.2%
Homes built since 2020
16
0.0% year-over-year change

The age of buildings in Palmyra

In Palmyra, the median construction year is 1993. Most development happened in the second half of the 20th century. Then, 11.8% of homes were added from 2000 to 2009, 11.4% between 2010 and 2019, and 2.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built between 1950 and 1959 50 6.6% 19.1%
Built between 1960 and 1969 29 3.8% 222.2%
Built between 1970 and 1979 122 16.2% 2.5%
Built between 1980 and 1989 104 13.8% 35.1%
Built between 1990 and 1999 258 34.2% 0.0%
Built between 2000 and 2009 89 11.8% -3.3%
Built between 2010 and 2019 86 11.4% -59.0%
Built in 2020 or later 16 2.1% 0.0%
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 659 occupied housing units in Palmyra, 90.4% are owner-occupied, while 9.6% are lived in by tenants. Meanwhile, 12.6% of all homes on the local market sit vacant.

Occupied housing units
659
-9.7% year-over-year change
Occupancy breakdown
Renter occupied
63
Owner occupied
596
Value Percent YoY
change
Renter occupied 63 9.6% 18.9%
Owner occupied 596 90.4% -12.0%
Unoccupied housing units
12.6%
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 $761 per month, while tenants specifically pay a median gross rent of $1,183.

Median housing costs per month
$761/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
$1,183/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 44.4% of the population in Palmyra went to high school, while 22.2% pursued college studies. Another 6.4% earned an associate degree and 14.1% hold a bachelor’s. Meanwhile, 9.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 49 3.6% 8.9%
High school diploma 608 44.4% 15.4%
College diploma 303 22.2% -0.3%
Associate degree 87 6.4% -40.4%
Bachelor's degree 193 14.1% -32.5%
Graduate degree 128 9.4% -40.5%
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 $121,887 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +9.4% change from the previous year. At the same time, the median income stood at $59,083, reflecting a -19.1% shift over the same period.

Average household income in Palmyra
$121,887/year
9.4% year-over-year change
Median household income in Palmyra
$59,083/year
-19.1% 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 $135,308. Those with someone between 45 and 64 in charge, often well established professionally, earn $58,583 overall. Overall, 77% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $135,308 1.9%
45 - 64 $58,583 -21.3%
Over 65 $40,880 N/A
Above poverty level
1,116
Below poverty level
334
Value Percent YoY
change
Above poverty level 1,116 77% -20.1%
Below poverty level 334 23% 29.5%

Employment in Palmyra

Workforce and job types in Palmyra

75.4% of the working population are employed in professional or administrative positions, while 24.6% are in hands-on or service-based jobs. Also, 12% run their own businesses, 53.3% are employed by private companies, and 20.1% work in the public sector.

Workforce demographics

White collar
507
Blue collar
165
Value Percent YoY change
White collar 507 75.4% -16.8%
Blue collar 165 24.6% -5.2%
Employer type
Self employees
12%
Private companies
53.3%
Governmental workers
20.1%
Not for profit companies
14.6%
Value Percent YoY change
Self employees 81 12% -19.0%
Private companies 358 53.3% -2.7%
Governmental workers 135 20.1% -38.4%
Not for profit companies 98 14.6% 2.1%

Transportation in Palmyra

How people get around in Palmyra

Means of transportation
Value Percent YoY change
Car 629 100% -11.3%
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
37142 1,506 659 $59,083 $121,887

Explore more communities

FAQs about Palmyra demographics 

What is the total population of Palmyra?

Palmyra has a total population of 1,506 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 -13.2% compared to a year ago.

What is the gender ratio in Palmyra?

The gender ratio in Palmyra is as follows:
  • 48.9% males (736 residents)
  • 51.1% females (770 residents)

What is the median age in Palmyra?

The median age in Palmyra is 57.9.

What is the age distribution of the population in Palmyra?

The age distribution in Palmyra is as follows:
  • Under 15: 8.4% (126 residents)
  • Ages 15-24: 6.3% (95 residents)
  • Ages 25-44: 21.6% (325 residents)
  • Ages 45-64: 34% (512 residents)
  • Over 65: 29.8% (448 residents)

What is the racial and ethnic makeup of Palmyra?

The racial and ethnic makeup of Palmyra is as follows:
  • White: 94.2% (1,419 residents)
  • Black or African American: 1.2% (18 residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 2.3% (35 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 2.3% (34 residents)
  • Other: 0% ( residents)

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

U.S.-born citizens represent 95.8% of the population in Palmyra.

How many housing units are there in Palmyra?

There are 754 housing units in Palmyra, reflecting a -8.4% 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 659 households, with an average of 2 people in each.

What is the median household income in Palmyra?

Palmyra has a median household income of $59,083, representing a -19.1% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Palmyra?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 75.4% (507 residents)
  • Blue-collar workers: 24.6% (165 residents)

Places of employment:
  • Self-employed: 12% (81 residents)
  • Private companies: 53.3% (358 residents)
  • Governmental workers: 20.1% (135 residents)
  • Not-for-profit companies: 14.6% (98 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