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Palmyra, New York Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

During the 2020–2024 ACS period, Palmyra, New York had a total population of 3,287, the 466th largest village in New York, with a median household income of $64,983, which is 24% lower than the state average. The poverty rate is 10.4%.

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

Key Takeaways

Palmyra Quick Facts

Population 3,287
Median Household Income $64,983
Median Home Value $129,700
Poverty Rate 10.4%
Unemployment Rate 0.7%
Median Age 35.3 years
Homeownership Rate 50.0%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 25.5%
High School Graduation Rate 92.3%
Diversity Index 14/100
Population 3,287 466th of 1,289
Median Income $64,983 bottom 30%
Poverty Rate 10.4% 16% lower than national
Median Home Value $129,700 bottom 20%

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
Population3,3063,287-0.6%
Median household income$66,647$64,983-2.5%
Median home value$125,200$129,700+3.6%

How Palmyra Compares

Economy & Housing

Household Income Distribution

Under $25K 19.7%
$25K-$50K 16.4%
$50K-$100K 38.8%
$100K+ 25.1%
Detailed income brackets
Under $10K
6.7%
$10K-$15K
8.4%
$15K-$20K
0.5%
$20K-$25K
4.1%
$25K-$30K
3.4%
$30K-$35K
4.3%
$35K-$40K
1.7%
$40K-$45K
2.8%
$45K-$50K
4.3%
$50K-$60K
7.4%
$60K-$75K
11.6%
$75K-$100K
19.8%
$100K-$125K
10.9%
$125K-$150K
7.4%
$150K-$200K
4.3%
$200K+
2.4%

Employment

0.7% Unemployment Rate State: 6.4%|National: 5.2%
66.0% Labor Force Participation

Housing Overview

Owner 50.0%
Renter 50.0%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $937/mo 17.3% of median household income annually

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

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

State average: 65 | National average: 61

Education

Palmyra Rankings in New York

#466 Population of 1,289
#874 Median Income of 1,219
#870 Education of 1,288
#1022 Home Value of 1,232

Other Cities in Wayne County

CityPopulationMedian IncomePovertyHome Value
Newark 8,991 $60,006 22.2% $132,600
Gananda 6,273 $109,761 5.1% $235,900
Lyons 3,738 $67,850 19.4% $90,500
Williamson 2,387 $70,298 8.6% $149,400
Macedon 2,157 $77,174 14.6% $172,000
Ontario 2,044 $50,078 7.2% $169,000
Clyde 2,001 $62,407 21.7% $96,900
Sodus 1,820 $55,000 13.6% $95,500
Wolcott 1,444 $43,261 20.8% $90,500
Marion 1,400 $42,865 8.1% $158,800

Cities Similar to Palmyra

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Lake Erie Beach3,279$59,968$162,50025.8%15.2%
Lowville3,404$68,450$164,00028.6%17.5%
SUNY Oswego3,564N/AN/A100.0%42.5%
Avon3,417$71,771$182,20027.8%8.1%
Warrensburg3,194$57,245$165,30013.1%15.7%

Population Overview

Palmyra is a small community located in New York, within Wayne County. The total population is 3,287. It ranks as the 466th most populous out of 1,289 Census-designated places in New York.

Age Demographics

The median age in Palmyra is 35.3 years. This is 11% lower than the state median of 39.8 years.

Economy, Income & Housing

The median household income in Palmyra is $64,983. This is 24% lower than the state median of $85,974. It is also 20% lower than the national median of $80,734. The poverty rate stands at 10.4%. This is 25% lower than the state poverty rate of 14.0%. The unemployment rate is 0.7%. This is 89% lower than the state rate of 6.4%. The median home value is $129,700. Housing costs are 69% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.0x, Palmyra is one of the most affordable housing markets in the area. 50.0% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 54.4%.

Race & Ethnicity

Palmyra has a predominantly White (non-Hispanic) population, comprising 92.8% of all residents. Black or African American residents account for 1.6%. The White (non-Hispanic) population is significantly higher than the state average (92.8% vs 52.8%). The Black or African American population (1.6%) is well below the state average of 13.4%. The Hispanic or Latino population (1.3%) is well below the state average of 19.8%.

Education

25.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.3%.

Data Sources & Methodology

All demographic data for Palmyra, New York 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 York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. 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, New York?

Palmyra, New York has a population of 3,287 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmyra, NY?

The median household income in Palmyra is $64,983, which is 20% lower than the national median of $80,734.

What is the poverty rate in Palmyra, NY?

The poverty rate in Palmyra is 10.4%. This means approximately 343 residents live below the federal poverty line.

What is the racial makeup of Palmyra, New York?

Palmyra's population is 92.8% White, 1.6% Black, 1.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palmyra, NY?

The median home value in Palmyra is $129,700. The home-value-to-income ratio is 2.0x.

How educated is Palmyra, New York?

25.5% of adults (25+) in Palmyra hold a bachelor's degree or higher, and 10.6% hold a graduate or professional degree.