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Palmyra, Utah Demographics & Population 2026

During the 2020–2024 ACS period, Palmyra, Utah had a total population of 301, the 268th largest community in Utah, with a median household income of $97,188, which is 2% higher than the state average. The poverty rate is 0.0%.

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

Key Takeaways

Palmyra Quick Facts

Population 301
Median Household Income $97,188
Median Home Value $687,500
Poverty Rate 0.0%
Unemployment Rate 8.4%
Median Age 57.2 years
Homeownership Rate 71.6%
Affordability Ratio 7.1x
Bachelor's Degree or Higher 22.3%
High School Graduation Rate 90.5%
Diversity Index 9/100
Population 301 268th of 326
Median Income $97,188 above average
Poverty Rate 0.0%
Median Home Value $687,500 top 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
Population346301-13.0%
Median household income$92,857$97,188+4.7%
Median home value$583,300$687,500+17.9%

How Palmyra Compares

Economy & Housing

Household Income Distribution

Under $25K 0.0%
$25K-$50K 5.9%
$50K-$100K 45.1%
$100K+ 49.0%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
5.9%
$50K-$60K
15.7%
$60K-$75K
21.6%
$75K-$100K
7.8%
$100K-$125K
0.0%
$125K-$150K
27.5%
$150K-$200K
21.6%
$200K+
0.0%

Employment

8.4% Unemployment Rate State: 3.6%|National: 5.2%
50.5% Labor Force Participation

Housing Overview

Owner 71.6%
Renter 28.4%
Affordability Index Very Expensive
7.1x home value to income ratio

People & Demographics

Diversity Index

9out 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 Utah

#268 Population of 326
#116 Median Income of 295
#213 Education of 326
#39 Home Value of 306

Other Cities in Utah County

CityPopulationMedian IncomePovertyHome Value
Provo 114,766 $64,171 23.0% $467,200
Orem 97,182 $83,342 10.2% $472,300
Lehi 85,173 $131,299 5.0% $612,100
Eagle Mountain 53,290 $113,648 3.6% $518,100
Saratoga Springs 48,425 $128,802 5.0% $605,500
Spanish Fork 44,946 $104,844 6.6% $481,500
Pleasant Grove 37,852 $101,073 4.6% $491,000
American Fork 37,109 $98,878 7.3% $496,700
Springville 35,849 $89,816 7.3% $454,400
Payson 23,039 $89,905 7.3% $429,600

Cities Similar to Palmyra

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Teasdale308N/A$613,80068.5%0.0%
Lyman289N/A$412,00017.6%46.0%
Alta284N/A$2,000,000+43.5%49.3%
Wallsburg305$107,292$477,50012.7%8.8%
Howell288$88,015$262,5003.9%5.9%

A note before these figures: with a population of 301, 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 Utah, within Utah County. The total population is 301. It ranks as the 268th most populous out of 326 Census-designated places in Utah.

Age Demographics

The median age in Palmyra is 57.2 years. This is 79% higher than the state median of 32.0 years. Only 6.0% of residents are under 18, indicating fewer families with children. 11.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Palmyra is $97,188. This is 2% higher than the state median of $95,166. It is also 20% higher than the national median of $80,734. The ACS records no residents below the poverty line in Palmyra. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The unemployment rate is 8.4%. This is 136% higher than the state rate of 3.6%. The median home value is $687,500. Housing costs are 40% higher than the state median of $489,400. The home-value-to-income ratio of 7.1x suggests that housing affordability is a significant concern for many residents. 71.6% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 70.3%.

Race & Ethnicity

Palmyra has a predominantly White (non-Hispanic) population, comprising 95.0% of all residents. Hispanic or Latino residents account for 5.0%. The Hispanic or Latino population (5.0%) is well below the state average of 15.9%.

Education

22.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% lower than the state rate of 37.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.5%.

Data Sources & Methodology

All demographic data for Palmyra, Utah 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 Utah state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 326 Census-designated places in Utah. 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, Utah?

Palmyra, Utah has a population of 301 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmyra, UT?

The median household income in Palmyra is $97,188, which is 20% higher than the national median of $80,734.

What is the poverty rate in Palmyra, UT?

The ACS sample for Palmyra recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.

What is the racial makeup of Palmyra, Utah?

Palmyra's population is 95.0% White, 0.0% Black, 5.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Palmyra, UT?

The median home value in Palmyra is $687,500. The home-value-to-income ratio is 7.1x.

How educated is Palmyra, Utah?

22.3% of adults (25+) in Palmyra hold a bachelor's degree or higher, and 4.3% hold a graduate or professional degree.