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CITY · 2020 ACS

Palmyra

Illinois · 605 residents · 0.999 sq mi
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The short version

Palmyra has notably lower household income than the US average, with a median household income of $31,563. Population has fallen 17% since 2000, a loss of 128 residents. 7% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $73,100. With a median age of 45.4, the population is older than the US median of 38.8. Households here earn about 54% less than the Illinois median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 45.4
US median: 38.8
Less educated
7% hold a bachelor's degree
US average: 33%
Less affordable
home values up 26%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
605
−17%since 2000
from 733 in 2000
1990 – 2025
Population density
606 / sq mi
−17%since 2000
from 734 / sq mi in 2000
US average: 280
Median age
45.4
+4%since 2000
from 43.6 in 2000
US average: 38.8
Population, 1990 – 2024
4605376156927691990201020202024Palmyra
2024486
1990201020202024
Section 02

Income & economy

Median household income
$31,563
−23%inflation adjusted, since 2000
from $27,188 in 2000
US average: $66,278
1990 – 2024
Per capita income
$21,406
+45%since 2000
from $14,801 in 2000
US average: $35,364
Households earning $100K+
26.1%
+11.3 ptssince 2009
from 14.8% in 2009
US average: 43.9%
Poverty rate
24.0%
+9.2 ptssince 2000
from 14.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Information15.2%
US avg: 11.1%
Retail trade13%
US avg: 10%
Other services6.7%
US avg: 6.6%
Wholesale trade6.3%
US avg: 6.7%
Finance & insurance5.9%
US avg: 5.5%
Public administration5.6%
US avg: 4.7%
Professional, scientific, technical5.2%
US avg: 4.7%
Agriculture, forestry, fishing3.7%
US avg: 1.7%
Construction3.7%
US avg: 1.2%
Education & health services0.7%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$73,100
+26%inflation adjusted, since 2000
from $38,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$577
−1%inflation adjusted, since 2000
from $389 in 2000
US average: $1,124
Owner-occupied
67.4%
−5.4 ptssince 2000
from 72.8% in 2000
32.6% rent
Afford Score
2.3
+63%since 2000
from 1.4 in 2000
1990 – 2024
RELATED:See current rent listings in Palmyra on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.2%(720)
Black0.4%(3)
Hispanic / Latino0.5%(4)
Asian0%(0)
Other0%
Diversity Score2.4%(18)
2020
White, non-Hispanic94%(569)
Black0.2%(1)
Hispanic / Latino1.5%(9)
Asian0%(0)
Other1.9%(11)
Diversity Score8.8%(53)
Diversity Score
9
+266%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
7.2%
+1.2 ptssince 2000
from 6.0% in 2000
US average: 32.9%
High school or higher
81.2%
+7.5 ptssince 2000
from 73.7% in 2000
US average: 88.5%
Graduate degree
1.1%
+0.5 ptssince 2000
from 0.6% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
34.0 min
+37%since 2000
from 24.8 min in 2000
US average: 26.9
Drive alone to work
84.4%
−1.9 ptssince 2009
from 86.3% in 2009
US average: 75.1%
No vehicle available
6.9%
−0.1 ptssince 2009
from 7.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.3%
−6.9 ptssince 2011
from 12.2% in 2011
US average: 5.4%
Labor force participation
53.7%
−6.3 ptssince 2011
from 60.0% in 2011
US average: 63.4%
Management & professional
22.3%
−34.2 ptssince 2009
from 56.5% in 2009
US average: 39.3%
Section 08

People & community

Male
44.8%
−4.2 ptssince 2009
from 49.0% in 2009
Female
55.2%
+4.2 ptssince 2009
from 51.0% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
1.4%
−88.4 ptssince 2013
from 89.8% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Palmyra to nearby cities

PALMYRA VS
Chatham
Income$106,773+238%
Home value$243,200+233%
Population14,579+2367%
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PALMYRA VS
Jacksonville
Income$65,432+107%
Home value$128,200+75%
Population17,752+2904%
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PALMYRA VS
Jerseyville
Income$73,529+133%
Home value$143,900+97%
Population8,409+1323%
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PALMYRA VS
Springfield
Income$66,064+109%
Home value$162,100+122%
Population112,989+19018%
SEE FULL COMPARISON →
Frequently asked

How many people live in Palmyra, Illinois?

Palmyra, Illinois has about 605 residents according to the 2020 American Community Survey.

What is the median household income in Palmyra, Illinois?

The typical household in Palmyra, Illinois earns about $31,563 a year. Half of households make more than that, and half make less.

Is Palmyra, Illinois expensive?

In Palmyra, Illinois, the median home is worth about $73,100, and the typical rent is about $577 a month.

How educated are people in Palmyra, Illinois?

About 7.2% of adults age 25 and over in Palmyra, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Palmyra, Illinois?

About 24.0% of people in Palmyra, Illinois live below the federal poverty line.

Has Palmyra, Illinois grown since 1990?

Yes, Palmyra, Illinois has shrunk since 1990. The population has lost about 123 residents, a change of about -17 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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