What is the median home price in Palmyra?

The median home price in Palmyra, Palmyra city, Missouri is $148,200, which is 47% below the national average of 281,900 ($281,900).

Palmyra, Palmyra city, Missouri has a violent crime rate of 0.3 per 1,000 residents, which is 92% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 1.9 per 1,000 residents.

What is the median household income in Palmyra?

The median household income in Palmyra, Palmyra city, Missouri is $60,694, which is 19% below the national average of 74,580 ($74,580).

What is the average rent in Palmyra?

The median rent in Palmyra, Palmyra city, Missouri is $713 per month. The national average median rent is $1,163/month.

What is the population of Palmyra?

The population of Palmyra, Palmyra city, Missouri is approximately 3,613. The homeownership rate is 71.0% (national average: 65.9%).

What is the unemployment rate in Palmyra?

The unemployment rate in Palmyra, Palmyra city, Missouri is 1.6%. The national average unemployment rate is 3.7%. The poverty rate is 14.1% (national average: 12.4%).

Palmyra

Palmyra city, Missouri

Affordable

About Palmyra

Palmyra, Missouri, offers a refreshing alternative to the hustle and bustle of city life, presenting an incredibly appealing blend of affordability and small-town charm. Imagine a place where the median home value sits comfortably at $148,200, a stark contrast to the national average, making homeownership a realistic goal for many. The town, home to around 3,600 residents, exudes a friendly atmosphere where neighbors know each other and community events are a regular occurrence. Life here is relaxed, with a pace that encourages you to slow down and savor each day.

From an investment perspective, Palmyra is a gem for those seeking value. While the median household income of $60,694 is slightly below the national average, the low cost of living significantly enhances the quality of life. The housing market is stable, making it an excellent choice for first-time homebuyers or those looking to downsize without sacrificing comfort. Palmyra is ideal for families, retirees, or anyone yearning for a safe, welcoming community where the focus is on genuine connection and a simpler way of life.

Palmyra, Missouri at a Glance

Palmyra is a city in Palmyra city, Missouri with a population of approximately 3,613. The median home value is $148,200 and the median household income is $60,694.. The violent crime rate is 0.3 per 1,000 residents, which is 92% below the national average.. Median rent is $713 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.