Palmyra, New Jersey Demographics & Population 2026
During the 2020–2024 ACS period, Palmyra, New Jersey had a total population of 7,485, the 221st largest borough in New Jersey, with a median household income of $89,574, which is 14% lower than the state average. The poverty rate is 10.2%.
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 | 7,447 | 7,485 | +0.5% |
| Median household income | $85,014 | $89,574 | +5.4% |
| Median home value | $216,600 | $234,800 | +8.4% |
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 diverse community with significant representation from multiple racial and ethnic groups.
State average: 66 | National average: 61
Education
Educational Attainment (Adults 25+)
Palmyra Rankings in New Jersey
Explore New Jersey Rankings
Other Cities in Burlington County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Moorestown-Lenola | 14,625 | $138,398 | 7.1% | $581,700 |
| Marlton | 10,922 | $94,464 | 3.7% | $341,100 |
| Burlington | 9,993 | $84,813 | 16.6% | $239,000 |
| Browns Mills | 9,672 | $75,867 | 11.5% | $231,600 |
| Fort Dix | 7,984 | $92,303 | 5.8% | N/A |
| Ramblewood | 6,611 | $111,170 | 2.3% | $399,900 |
| Florence | 5,242 | $85,219 | 6.3% | $309,900 |
| Country Lake Estates | 5,055 | $127,643 | 4.2% | $249,100 |
| McGuire AFB | 4,400 | $74,071 | 5.8% | N/A |
| Medford Lakes | 4,297 | $141,188 | 1.1% | $402,900 |
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 |
|---|---|---|---|---|---|
| Wharton | 7,318 | $85,767 | $380,700 | 28.8% | 15.3% |
| Brigantine | 7,674 | $97,250 | $524,800 | 47.3% | 9.4% |
| Washington | 7,334 | $81,336 | $263,300 | 27.1% | 8.5% |
| Barrington | 7,076 | $87,290 | $273,200 | 48.7% | 7.4% |
| Dunellen | 7,911 | $86,967 | $393,500 | 28.2% | 22.6% |
Population Overview
Palmyra is a small city located in New Jersey, within Burlington County. The total population is 7,485. It ranks as the 221st most populous out of 700 Census-designated places in New Jersey.
Age Demographics
The median age in Palmyra is 44.1 years. This is 10% higher than the state median of 40.1 years.
Economy, Income & Housing
The median household income in Palmyra is $89,574. This is 14% lower than the state median of $103,556. It is also 11% higher than the national median of $80,734. The poverty rate stands at 10.2%. This is 5% higher than the state poverty rate of 9.7%. The unemployment rate is 6.5%. This is 2% higher than the state rate of 6.3%. The median home value is $234,800. Housing costs are 48% lower than the state median of $454,400. With a home-value-to-income ratio of just 2.6x, Palmyra is one of the most affordable housing markets in the area. 71.4% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 63.8%.
Race & Ethnicity
The largest racial or ethnic group in Palmyra is White (non-Hispanic), making up 62.7% of the population. Hispanic or Latino residents account for 13.5%. The Asian population (4.1%) is well below the state average of 10.1%.
Education
32.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% lower than the state rate of 43.6%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.4%.
Data Sources & Methodology
All demographic data for Palmyra, New Jersey 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 New Jersey state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 700 Census-designated places in New Jersey. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
Free data download: Get all New Jersey city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Palmyra, New Jersey?
Palmyra, New Jersey has a population of 7,485 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Palmyra, NJ?
The median household income in Palmyra is $89,574, which is 11% higher than the national median of $80,734.
What is the poverty rate in Palmyra, NJ?
The poverty rate in Palmyra is 10.2%. This means approximately 763 residents live below the federal poverty line.
What is the racial makeup of Palmyra, New Jersey?
Palmyra's population is 62.7% White, 11.5% Black, 13.5% Hispanic/Latino, and 4.1% Asian.
What is the median home value in Palmyra, NJ?
The median home value in Palmyra is $234,800. The home-value-to-income ratio is 2.6x.
How educated is Palmyra, New Jersey?
32.4% of adults (25+) in Palmyra hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.