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The total population of Palmyra is estimated to be 3,326 with 1,732 males (52.07%) and 1,594 females (47.93%). There are 138 less females than males in Palmyra.
The median household income in Palmyra was $70,822 in 2021, which marked an an increase of 5,383(8.23%) from $65,439 in 2020. This income is 94.93% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Palmyra sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,296. Overall, the median household income for the village of Palmyra stands at $70,822.
In Palmyra, the median income for all workers aged 15 years and older, regardless of work hours, was $40,869 for males and $33,749 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,121 for males and $56,856 for females.
In Palmyra, population is primarily represented by White households, reporting a median income of $71,891.
In 2022, the population of Palmyra was 3,304, a 0.12% decrease year-by-year from 2021. Previously, in 2021, Palmyra's population was 3,308, a decline of 0.21% compared to a population of 3,315 in 2020.
The median age in Palmyra, NY is 40.0, as per 2021 ACS 5-Year Estimates. Of the total population, 14.82% were under the age of 15, 22.73% aged 15 to 29, 46.51% aged 30 to 64, 13.83% aged 65 to 84, and 2.10% were 85 years of age and older.
Racial distribution of Palmyra population: 96.03% are White, 0.51% are Black or African American, 0.60% are some other race and 2.86% are multiracial.