Palmyra, IN

Census Place

2024 Population

1,215

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

34.3

0.587% 1-year increase

2024 Poverty Rate

14.9%

4.85% 1-year decrease

2024 Median Household Income

$60,862

22.2% 1-year growth

2024 Median Property Value

$163,800

Population & Diversity

Palmyra, IN is home to a population of 1.22k people, from which 100% are citizens.

As of 2024, 0.329% of Palmyra, IN residents were born outside of the country (4 people).

In 2024, there were 65.7 times more White (Non-Hispanic) residents (1.18k people) in Palmyra, IN than any other race or ethnicity. There were 18 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 5 Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Palmyra, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Palmyra, IN was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Palmyra, IN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Palmyra, IN

White (Non-Hispanic)
1.18k ± 353
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
18 ± 19
Other (Hispanic)
5 ± 13

0.412%

Hispanic Population

5 people

0.412% of the people in Palmyra, IN are hispanic (5 people).

The following chart shows the 8 races represented in Palmyra, IN as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Indiana.

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

0.329%

2024 Foreign-Born Population

4 people

0.315%

2023 Foreign-Born Population

4 people

As of 2024, 0.329% of Palmyra, IN residents (4 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Palmyra, IN was 0.315%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Palmyra, IN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
24 ± 29
Gulf War (2001-)
8 ± 21
Gulf War (1990s)
7 ± 16

Palmyra, IN has a large population of military personnel who served in Vietnam, 3 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Palmyra, IN.

Economy

The economy of Palmyra, IN employs 455 people. In 2024, the largest industries in Palmyra, IN were Health Care & Social Assistance (102 people), Manufacturing (71 people), and Construction (61 people), and the highest paying industries were Public Administration ($71,750), Transportation & Warehousing, & Utilities ($69,659), and Transportation & Warehousing ($69,432).

Employment

Occupations

455

2024 Value

± 120

1.34%

1 Year growth

± 39.3%

From 2023 to 2024, employment in Palmyra, IN grew at a rate of 1.34%, from 449 employees to 455 employees.

The most common job groups, by number of people living in Palmyra, IN, are Production Occupations (62 people), Healthcare Support Occupations (59 people), and Management Occupations (49 people). This chart illustrates the share breakdown of the primary jobs held by residents of Palmyra, IN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Indiana.

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

455

2024 Value

± 120

1.34%

1 Year growth

± 39.3%

From 2023 to 2024, employment in Palmyra, IN grew at a rate of 1.34%, from 449 employees to 455 employees.

The most common employment sectors for those who live in Palmyra, IN, are Health Care & Social Assistance (102 people), Manufacturing (71 people), and Construction (61 people). This chart shows the share breakdown of the primary industries for residents of Palmyra, IN, though some of these residents may live in Palmyra, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$61,397

Median earning men ± $5,625

$35,688

Median earning women ± $5,931

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($76,250), Manufacturing ($64,688), and Other Services Except Public Administration ($62,000).

The industries with the best median earnings for women in 2024 are Retail Trade ($35,625), Educational Services, & Health Care & Social Assistance ($35,000), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($30,938).

Housing & Living

The median property value in Palmyra, IN was $163,800 in 2024, which is 0.492 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $143,500 to $163,800, a 14.1% increase. The homeownership rate in Palmyra, IN is 66.1%, which is higher than the national average of 65.2%.

People in Palmyra, IN have an average commute time of 34 minutes, and they drove alone to work. Car ownership in Palmyra, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$163,800

Median Property Value 2024

±$26,574

$304

Median Property Taxes

±$74

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Palmyra, IN the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Palmyra, IN compared to it's parent and neighbor geographies.

Rent vs Own

66.1%

Homeownership

2024

67.8%

Homeowners with Mortgage

2024

In 2024, 66.1% of the housing units in Palmyra, IN were occupied by their owner. This percentage grew from the previous year's rate of 55.8%.

This chart shows the percentage of owner in Palmyra, IN compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$60,862

Median Household Income

± $10,061

460

Number of Households

± 96

In 2024, the median household income of the 460 households in Palmyra, IN grew to $60,862 from the previous year's value of $49,821.

The following chart displays the households in Palmyra, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Palmyra, IN is from Indiana.

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (78.2%)
Worked At Home (10%)
Carpooled (6.82%)

In 2024, 78.2% of workers in Palmyra, IN drove alone to work, followed by those who worked at home (10%) and those who carpooled to work (6.82%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

34 minutes

Average Travel Time

Using averages, employees in Palmyra, IN have a longer commute time (34 minutes) than the normal US worker (26.4 minutes). Additionally, 3.54% of the workforce in Palmyra, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Palmyra, IN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Palmyra, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Palmyra, IN have 2 cars.

Poverty

Poverty & Diversity

14.9% of the population for whom poverty status is determined in Palmyra, IN (181 out of 1.22k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 6 - 11, followed by Males 12 - 14 and then Males 35 - 44.

The most common racial or ethnic group living below the poverty line in Palmyra, IN is White, followed by Other and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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