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Palmyra, Wisconsin Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Palmyra, Wisconsin had a total population of 2,195, the 262nd largest village in Wisconsin, with a median household income of $86,058, which is 11% higher than the state average. The poverty rate is 11.4%.

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

Key Takeaways

Palmyra Quick Facts

Population 2,195
Median Household Income $86,058
Median Home Value $213,100
Poverty Rate 11.4%
Unemployment Rate 3.2%
Median Age 36.2 years
Homeownership Rate 69.9%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 21.0%
High School Graduation Rate 91.2%
Diversity Index 30/100
Population 2,195 262nd of 808
Median Income $86,058 top 30%
Poverty Rate 11.4% 9% lower than national
Median Home Value $213,100 average

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
Population2,0422,195+7.5%
Median household income$80,709$86,058+6.6%
Median home value$194,200$213,100+9.7%

How Palmyra Compares

Economy & Housing

Household Income Distribution

Under $25K 16.6%
$25K-$50K 12.5%
$50K-$100K 27.1%
$100K+ 43.9%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
1.8%
$15K-$20K
11.4%
$20K-$25K
1.5%
$25K-$30K
0.7%
$30K-$35K
3.0%
$35K-$40K
4.6%
$40K-$45K
1.1%
$45K-$50K
3.1%
$50K-$60K
4.3%
$60K-$75K
10.2%
$75K-$100K
12.6%
$100K-$125K
19.1%
$125K-$150K
10.7%
$150K-$200K
9.3%
$200K+
4.9%

Employment

3.2% Unemployment Rate State: 3.3%|National: 5.2%
70.6% Labor Force Participation

Housing Overview

Owner 69.9%
Renter 30.1%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $775/mo 10.8% of median household income annually

People & Demographics

Diversity Index

30out of 100
Low Diversity

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

State average: 37 | National average: 61

Education

Palmyra Rankings in Wisconsin

#262 Population of 808
#207 Median Income of 788
#411 Education of 808
#334 Home Value of 799

Other Cities in Jefferson County

CityPopulationMedian IncomePovertyHome Value
Fort Atkinson 12,463 $79,302 6.7% $211,800
Jefferson 7,732 $79,006 11.2% $225,600
Lake Mills 6,470 $91,027 5.1% $317,100
Waterloo 3,600 $87,776 13.7% $230,600
Johnson Creek 3,362 $100,685 4.3% $314,200
Ixonia 2,684 $93,359 1.0% $345,300
Lake Ripley 1,932 $116,179 10.1% $366,300
Lake Koshkonong 1,010 $97,115 5.8% $370,300
Sullivan 663 $71,250 27.2% $257,400
Rome 620 $92,083 4.7% $326,200

Cities Similar to Palmyra

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Como2,197$75,266$278,40017.8%3.2%
New Glarus2,172$101,098$282,70038.6%3.6%
Cedar Grove2,402$84,344$231,20030.1%3.5%
Hammond1,960$82,721$262,20030.5%17.4%
Campbellsport1,973$80,040$221,60017.3%11.3%

Population Overview

Palmyra is a small community located in Wisconsin, within Jefferson County. The total population is 2,195. It ranks as the 262nd most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in Palmyra is 36.2 years. This is 10% lower than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Palmyra is $86,058. This is 11% higher than the state median of $77,485. It is also 7% higher than the national median of $80,734. The poverty rate stands at 11.4%. This is 8% higher than the state poverty rate of 10.5%. The unemployment rate is 3.2%. This is 2% lower than the state rate of 3.3%. The median home value is $213,100. Housing costs are 20% lower than the state median of $266,500. With a home-value-to-income ratio of just 2.5x, Palmyra is one of the most affordable housing markets in the area. 69.9% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 67.8%.

Race & Ethnicity

The largest racial or ethnic group in Palmyra is White (non-Hispanic), making up 82.1% of the population. Hispanic or Latino residents account for 16.2%. The Hispanic or Latino population is significantly higher than the state average (16.2% vs 8.0%). The Asian population (0.1%) is well below the state average of 2.9%.

Education

21.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 37% lower than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.2%.

Data Sources & Methodology

All demographic data for Palmyra, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. 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, Wisconsin?

Palmyra, Wisconsin has a population of 2,195 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Palmyra, WI?

The median household income in Palmyra is $86,058, which is 7% higher than the national median of $80,734.

What is the poverty rate in Palmyra, WI?

The poverty rate in Palmyra is 11.4%. This means approximately 250 residents live below the federal poverty line.

What is the racial makeup of Palmyra, Wisconsin?

Palmyra's population is 82.1% White, 0.0% Black, 16.2% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Palmyra, WI?

The median home value in Palmyra is $213,100. The home-value-to-income ratio is 2.5x.

How educated is Palmyra, Wisconsin?

21.0% of adults (25+) in Palmyra hold a bachelor's degree or higher, and 6.2% hold a graduate or professional degree.