Palmyra, Missouri Demographics & Population 2026
During the 2020–2024 ACS period, Palmyra, Missouri had a total population of 3,623, the 183rd largest city in Missouri, with a median household income of $69,922, which is 1% lower than the state average. The poverty rate is 5.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Palmyra Quick Facts
How Palmyra Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 3,620 | 3,623 | +0.1% |
| Median household income | $69,211 | $69,922 | +1.0% |
| Median home value | $165,000 | $184,200 | +11.6% |
How Palmyra Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 61
Education
Educational Attainment (Adults 25+)
Palmyra Rankings in Missouri
Explore Missouri Rankings
Other Cities in Marion County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Hannibal | 16,771 | $53,721 | 19.5% | $127,700 |
| Monroe City | 3,028 | $55,737 | 12.7% | $159,300 |
| Philadelphia | 219 | $51,375 | 7.8% | $99,100 |
Cities Similar to Palmyra
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| High Ridge | 3,714 | $70,917 | $172,200 | 18.1% | 7.2% |
| Moscow Mills | 3,823 | $73,468 | $196,400 | 18.1% | 10.2% |
| Hillsboro | 3,500 | $77,500 | $221,200 | 15.5% | 11.7% |
| New Haven | 3,302 | $71,306 | $192,400 | 28.9% | 10.1% |
| Whiteman AFB | 3,517 | $54,641 | $328,800 | 49.7% | 13.3% |
Population Overview
Palmyra is a small community located in Missouri, within Marion County. The total population is 3,623. It ranks as the 183rd most populous out of 1,062 Census-designated places in Missouri.
Age Demographics
The median age in Palmyra is 37.8 years. This is 3% lower than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Palmyra is $69,922. This is 1% lower than the state median of $70,702. It is also 13% lower than the national median of $80,734. The poverty rate stands at 5.4%. This is 57% lower than the state poverty rate of 12.6%. The unemployment rate is 3.2%. This is 20% lower than the state rate of 4.0%. The median home value is $184,200. Housing costs are 20% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.6x, Palmyra is one of the most affordable housing markets in the area. 72.4% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 68.1%.
Race & Ethnicity
The largest racial or ethnic group in Palmyra is White (non-Hispanic), making up 82.6% of the population. Black or African American residents account for 5.1%. The Black or African American population (5.1%) is well below the state average of 10.9%. The Asian population (0.1%) is well below the state average of 2.1%.
Education
27.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.6%.
Data Sources & Methodology
All demographic data for Palmyra, Missouri is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Palmyra, Missouri?
Palmyra, Missouri has a population of 3,623 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palmyra, MO?
The median household income in Palmyra is $69,922, which is 13% lower than the national median of $80,734.
What is the poverty rate in Palmyra, MO?
The poverty rate in Palmyra is 5.4%. This means approximately 185 residents live below the federal poverty line.
What is the racial makeup of Palmyra, Missouri?
Palmyra's population is 82.6% White, 5.1% Black, 3.1% Hispanic/Latino, and 0.1% Asian.
What is the median home value in Palmyra, MO?
The median home value in Palmyra is $184,200. The home-value-to-income ratio is 2.6x.
How educated is Palmyra, Missouri?
27.4% of adults (25+) in Palmyra hold a bachelor's degree or higher, and 10.7% hold a graduate or professional degree.