In 2023, Palmyra, IN had a population of 1.27k people with a median age of 34.1 and a median household income of $49,821. Between 2022 and 2023 the population of Palmyra, IN declined from 1,323 to 1,271, a −3.93% decrease and its median household income grew from $47,500 to $49,821, a 4.89% increase.
The 5 largest ethnic groups in Palmyra, IN are White (Non-Hispanic) (97.9%), Two+ (Non-Hispanic) (1.26%), Other (Hispanic) (0.393%), Asian (Non-Hispanic) (0.236%), and Other (Non-Hispanic) (0.157%).
None of the households in Palmyra, IN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Palmyra, IN are U.S. citizens.
In 2023, the median property value in Palmyra, IN was $143,500, and the homeownership rate was 55.8%.
Most people in Palmyra, IN drove alone to work, and the average commute time was 37.2 minutes. The average car ownership in Palmyra, IN was 2 cars per household.