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The total population of Palmyra township is estimated to be 2,113 with 1,102 males (52.15%) and 1,011 females (47.85%). There are 91 less females than males in Palmyra township.
The median household income in Palmyra township was $76,872 in 2021, which marked an an increase of 5,107(7.12%) from $71,765 in 2020. This income is 103.04% 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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $95,515. Overall, the median household income for the township of Palmyra township stands at $76,872.
In Palmyra township, the median income for all workers aged 15 years and older, regardless of work hours, was $50,408 for males and $25,929 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,246 for males and $43,020 for females.
In Palmyra township, population is primarily represented by White households, reporting a median income of $75,948.
In 2022, the population of Palmyra township was 2,012, a 0.30% decrease year-by-year from 2021. Previously, in 2021, Palmyra township's population was 2,018, a decline of 0.20% compared to a population of 2,022 in 2020.
The median age in Palmyra Township, Michigan is 45.3, as per 2021 ACS 5-Year Estimates. Of the total population, 18.89% were under the age of 15, 13.68% aged 15 to 29, 47.54% aged 30 to 64, 16.72% aged 65 to 84, and 3.18% were 85 years of age and older.
Racial distribution of Palmyra township population: 97.19% are White, 0.41% are Black or African American, 0.28% are American Indian and Alaska Native, 0.23% are Asian, 0.74% are some other race and 1.15% are multiracial.