Palmyra borough, New Jersey
CityPopulation: 7,447 (2023 estimate)
Located in New Jersey , New Jersey
Census Bureau data for Palmyra borough from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Palmyra borough
- What is the median household income in Palmyra borough?
- The median household income in Palmyra borough is $85,014 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Palmyra borough?
- The poverty rate in Palmyra borough is 4.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in Palmyra borough?
- $216,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Palmyra borough?
- The median gross rent in Palmyra borough is $1,680 per month (U.S. Census Bureau ACS 2023).
- What percentage of Palmyra borough residents have a college degree?
- 29.7% of adults in Palmyra borough hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
7,447
Median Income
$85,014
Median Home Value
$216,600
Poverty Rate
4.4%
Unemployment (ACS 2023)
5.7%
Median Age
42.0 yrs
Since 2019
Median Income:
+$12,436 (+17.1%)
Home Value:
+$41,400 (+23.6%)
Poverty Rate:
-3.0 pp (-40.5%)
Bachelor's+:
+1.6 pp (+5.7%)
Unemployment:
-2.9 pp (-33.7%)
Demographics
Total Population
7,447
Median Age
42.0
Female
49.7%
Race & Ethnicity
Hispanic or Latino 9.0%
White (non-Hisp.) 63.3%
Black 15.4%
Asian 4.0%
Two or More 11.1%
Other 5.7%
Asian Subgroups (% of total pop.)
Korean
1.5%
Filipino
1.3%
Vietnamese
0.4%
Chinese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
3.7%
Puerto Rican
3.4%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$85,014
±$5,083
-$16,036 vs. state
Per Capita Income
$100,261
Median Family Income
$95,755
Poverty Rate
4.4%
-2.6 pp vs. state
Child Poverty Rate
8.1%
Working-Age Poverty Rate
—
SNAP Recipients
4.3%
Social Security Income
—
Retirement Income
24.7%
Household Income Distribution
< $10k
3.9%
$10–15k
0.4%
$15–25k
4.8%
$25–35k
4.6%
$35–50k
10.7%
$50–75k
16.2%
$75–100k
22.9%
$100–150k
17.4%
$150–200k
9.3%
$200k+
9.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
3,406
Owner-Occupied
69.6%
Renter-Occupied
30.4%
Vacancy Rate
3.6%
Median Home Value
$216,600
-$211,000 vs. state
Median Gross Rent
$1,680
Owner Cost Burden (30%+)
18.5%
Renter Cost Burden (30%+)
43.3%
Home Value Distribution
< $50k
1.4%
$50–100k
2.5%
$100–200k
12.4%
$200–300k
49.7%
$300–500k
7.6%
$1M+
2.1%
Gross Rent Distribution
< $500
2.2%
$500–1k
5.7%
$1–1.5k
21.1%
$1.5–2k
58.1%
$2–2.5k
12.8%
Vehicle Availability
No vehicle
4.4%
1 vehicle
45.3%
2 vehicles
37.8%
3+
12.5%
Housing Type
Single-fam. det.
52.2%
Single-fam. att.
23.6%
2–4 units
6.8%
5–19 units
5.2%
20+ units
2.9%
Housing Age
Pre-1940
34.2%
1940–1969
7.8%
1970–1999
20.8%
2000–2009
6.7%
2010+
0.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.6%
Bachelor's or Higher
29.7%
-13.2 pp vs. state
Graduate Degree
7.1%
Some College / Associate
22.0%
Less Than High School
2.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
71.9%
Unemployment Rate
5.7%
-0.5 pp vs. state
Work from Home
14.2%
Self-Employed
3.6%
Government Workers
12.1%
Private For-Profit
83.8%
Industry
Edu/Health
17.9%
Prof. Services
13.6%
Manufacturing
13.4%
Retail
11.0%
Finance
8.3%
Transportation
7.5%
Arts/Entmt.
5.9%
Wholesale
5.8%
Construction
5.4%
Public Admin
4.1%
Information
2.5%
Occupation
Management
36.7%
Sales
30.0%
Production
16.5%
Food Prep
11.0%
Construction
5.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
25.2 min
Drove Alone
70.7%
Carpool
8.4%
Public Transit
3.1%
Work from Home
14.2%
Walked
2.7%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
3,283
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
34.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
11.4%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
2.7%
5–9
3.8%
10–14
6.6%
15–19
7.3%
20–24
6.6%
25–34
14.0%
35–44
11.3%
45–54
14.6%
55–64
8.8%
65–74
8.6%
75–84
11.2%
85+
3.8%
Under 18: 17.8%
Working age (18–64): 82.2%
65 and over: 15.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
7.8%
Naturalized Citizen
61.6%
Speaks English Less Than Very Well
3.8%
Foreign-Born Origin
Latin America
50.3%
Asia
30.0%
Europe
12.6%
Africa
3.4%
Veterans & Disability
Veteran
6.1%
With a Disability
15.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.3%
Uninsured
5.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.3%
Has a Computer
94.7%
Same House 1 Year Ago
90.3%
Moved from Abroad
0.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023