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The total population of Palmyra town is estimated to be 7,406 with 3,754 males (50.69%) and 3,652 females (49.31%). There are 102 less females than males in Palmyra town.
The median household income in Palmyra town was $69,878 in 2021, which marked an an increase of 1,680(2.46%) from $68,198 in 2020. This income is 93.66% 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 town sees its highest median household income among householders in the age group of 45 to 64 years old, at $92,793. Overall, the median household income for the town of Palmyra town stands at $69,878.
In Palmyra town, the median income for all workers aged 15 years and older, regardless of work hours, was $42,637 for males and $30,849 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,595 for males and $55,243 for females.
In Palmyra town, population is primarily represented by White households, reporting a median income of $69,766.
In 2022, the population of Palmyra town was 7,360, a 0.16% decrease year-by-year from 2021. Previously, in 2021, Palmyra town's population was 7,372, a decline of 0.22% compared to a population of 7,388 in 2020.
The median age in Palmyra Town, New York is 43.9, as per 2021 ACS 5-Year Estimates. Of the total population, 14.90% were under the age of 15, 17.61% aged 15 to 29, 45.31% aged 30 to 64, 19.45% aged 65 to 84, and 2.73% were 85 years of age and older.
Racial distribution of Palmyra town population: 95.18% are White, 0.35% are Black or African American, 2.17% are Asian, 0.69% are some other race and 1.61% are multiracial.