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Palmyra, Nebraska Demographics & Population 2026

During the 2020–2024 ACS period, Palmyra, Nebraska had a total population of 589, the 191st largest village in Nebraska, with a median household income of $85,139, which is 11% higher than the state average. The poverty rate is 6.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Palmyra Quick Facts

Population 589
Median Household Income $85,139
Median Home Value $164,500
Poverty Rate 6.6%
Unemployment Rate 4.8%
Median Age 30.7 years
Homeownership Rate 94.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 12.9%
High School Graduation Rate 96.5%
Diversity Index 24/100
Population 589 191st of 583
Median Income $85,139 top 20%
Poverty Rate 6.6% 47% lower than national
Median Home Value $164,500 top 30%

How Palmyra Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population642589-8.3%
Median household income$81,458$85,139+4.5%
Median home value$160,900$164,500+2.2%

How Palmyra Compares

Economy & Housing

Household Income Distribution

Under $25K 8.9%
$25K-$50K 5.6%
$50K-$100K 53.0%
$100K+ 32.4%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.5%
$15K-$20K
7.0%
$20K-$25K
1.4%
$25K-$30K
0.9%
$30K-$35K
0.9%
$35K-$40K
3.3%
$40K-$45K
0.5%
$45K-$50K
0.0%
$50K-$60K
3.8%
$60K-$75K
18.3%
$75K-$100K
31.0%
$100K-$125K
17.4%
$125K-$150K
6.1%
$150K-$200K
6.1%
$200K+
2.8%

Employment

4.8% Unemployment Rate State: 3.0%|National: 5.2%
76.7% Labor Force Participation

Housing Overview

Owner 94.4%
Renter 5.6%
Affordability Index Very Affordable
1.9x home value to income ratio
Median gross rent $1,188/mo 16.7% of median household income annually

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Palmyra Rankings in Nebraska

#191 Population of 583
#84 Median Income of 519
#421 Education of 583
#140 Home Value of 510

Other Cities in Otoe County

CityPopulationMedian IncomePovertyHome Value
Nebraska City 7,369 $67,117 12.1% $162,000
Syracuse 1,990 $72,404 6.7% $205,900
Unadilla 329 $70,000 8.8% $139,600
Douglas 269 $71,250 7.5% $120,400
Dunbar 266 $90,795 20.3% $68,100
Woodland Hills 205 $138,646 5.9% $452,400
Otoe 160 $44,375 19.4% $49,400
Talmage 155 $63,929 27.1% $83,600
Lorton 72 N/A 20.8% $57,800
Burr 41 $72,500 0.0% $104,200

Cities Similar to Palmyra

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Adams580$90,774$191,50022.3%8.8%
Firth604$80,938$221,60022.6%7.3%
Greenwood601$90,774$177,00020.9%24.2%
Mead607$80,272$166,40013.1%7.9%
Duncan612$74,688$162,50013.6%1.4%

A note before these figures: with a population of 589, Palmyra's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Palmyra is a small community located in Nebraska, within Otoe County. The total population is 589. It ranks as the 191st most populous out of 583 Census-designated places in Nebraska.

Age Demographics

The median age in Palmyra is 30.7 years. This is 17% lower than the state median of 37.2 years. With 28.5% of the population under 18, Palmyra has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Palmyra is $85,139. This is 11% higher than the state median of $76,475. It is also 5% higher than the national median of $80,734. The poverty rate stands at 6.6%. This is 38% lower than the state poverty rate of 10.6%. The unemployment rate is 4.8%. This is 58% higher than the state rate of 3.0%. The median home value is $164,500. Housing costs are 31% lower than the state median of $238,600. With a home-value-to-income ratio of just 1.9x, Palmyra is one of the most affordable housing markets in the area. 94.4% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 66.5%.

Race & Ethnicity

Palmyra has a predominantly White (non-Hispanic) population, comprising 86.3% of all residents. Asian residents account for 0.9%. The Asian population (0.9%) is well below the state average of 2.6%.

Education

12.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% lower than the state rate of 34.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.5%.

Data Sources & Methodology

All demographic data for Palmyra, Nebraska 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 Nebraska state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 583 Census-designated places in Nebraska. 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, Nebraska?

Palmyra, Nebraska has a population of 589 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmyra, NE?

The median household income in Palmyra is $85,139, which is 5% higher than the national median of $80,734.

What is the poverty rate in Palmyra, NE?

The poverty rate in Palmyra is 6.6%. This means approximately 39 residents live below the federal poverty line.

What is the racial makeup of Palmyra, Nebraska?

Palmyra's population is 86.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Palmyra, NE?

The median home value in Palmyra is $164,500. The home-value-to-income ratio is 1.9x.

How educated is Palmyra, Nebraska?

12.9% of adults (25+) in Palmyra hold a bachelor's degree or higher, and 3.3% hold a graduate or professional degree.