US ZIP Code
37142

Palmyra, TN

Montgomery County  ·  Tennessee

● Active
👥 1,734 Population ↓ 11% since 2019
💰 $73,056 Median HH Income
≈ Avg ↑ 37% since 2019
🎂 52.1 Median Age ↑ 22% since 2019
🏠 $199,100 Median Home Value
▼ 29% below avg ↑ 45% since 2019
🎓 44.9% College Grads
▲ 16% above avg
📊 7.5% Unemployment
▲ 52% above avg ↑ 104% since 2019
ZIP Code Details
ZIP Code37142
CityPalmyra
StateTennessee (TN)
CountyMontgomery County
Area Code931
Elevation610 ft
Latitude36.410966
Longitude-87.509666
TimezoneChicago (DST)
FIPS47125
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.8% (864) Female 50.2% (870) ♀

Race & Ethnicity

White: 95.3%Black: 1.2%Asian: 3.5%Race
White95.3%
Black1.2%
Asian3.5%

Age Breakdown

Under 5
1%
5–17
11%
18–24
4%
25–44
26%
45–64
31%
65+
14%

Key Indicators

Median Age52.1 yrs ↑ 22% since 2019
Avg Household Size2.28
Below Poverty14.9% ▲ 49% above avg
College Grads44.9% ▲ 16% above avg
Unemployment7.5% ▲ 52% above avg
No HS Diploma14 (1%)
HS Graduate347 (25.7%)
Some College182 (13.5%)
Associates201 (14.9%)
Bachelors146 (10.8%)
Graduate Degree459 (34%)

Education

No HS: 1%HS Grad: 25.7%Some College: 13.5%Associates: 14.9%Bachelors: 10.8%Graduate: 34%Edu
No HS1.0%
HS Grad25.7%
Some College13.5%
Associates14.9%
Bachelors10.8%
Graduate34.0%
Housing & Income

Housing Tenure

Owner: 92.7%Renter: 7.3%Tenure
Owner92.7%
Renter7.3%

Home Value Distribution

Under $50k
8%
$50k–100k
8%
$100k–150k
27%
$150k–200k
6%
$200k–300k
7%
$300k–500k
29%
Over $500k
13%

Financials

Median HH Income$73,056 ≈ Avg ↑ 37% since 2019
Median Home Value$199,100 ▼ 29% below avg ↑ 45% since 2019
Home/Income Ratio2.7x (nat avg ~3.5x)
Median Rent$1,259/mo ↑ 97% since 2019
Total Units823
Vacant Units93
Avg HH Size2.28

Income Distribution

Under $25k
20%
$25k–50k
17%
$50k–75k
15%
$75k–100k
14%
$100k–150k
22%
$150k–200k
3%
Over $200k
9%
Employment & Commute

How People Get to Work

Drove Alone
90%
Work From Home
10%

Commute Time

Under 15 min
16%
15–30 min
36%
30–45 min
15%
Over 45 min
33%
Housing Stock

Year Built

1940s–1950s
3%
1960s–1970s
5%
1980s–1990s
26%
2000+
67%

Summary

Total Units823
Vacant93
Owner Occupied92.7%
Renter Occupied7.3%
Avg HH Size2.28
Frequently Asked Questions
ZIP code 37142 is in Palmyra, TN, in Montgomery County.
ZIP code 37142 is located in Tennessee (TN).
ZIP code 37142 is in Montgomery County, TN.
ZIP 37142 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 37142 is 1,734 people (ACS 2023).
The median household income in ZIP code 37142 is $73,056 (ACS 2023).
The median home value in ZIP 37142 is $199,100 (ACS 2023).
About ZIP Code 37142

ZIP code 37142 is located in Palmyra, Tennessee, within Montgomery County. With a population of 1,734, this is a sparsely populated ZIP code with a mature community — the median age is 52.1 years. Economically, 37142 is a solidly middle-class ZIP code: the median household income of $73,056 is near the national average.

Real estate in ZIP code 37142 represents an affordable housing market. The median home value of $199,100 is below the national average. Renters can expect to pay around $1,259 per month in median rent. Homeownership is strong here — 92.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 45% since 2019.

The population of 37142 is primarily White (95.33%). Residents are well-educated — 44.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 14.9%. Household income has grown by 37% since 2019.

The unemployment rate in 37142 stands at 7.5%, which is significantly above the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.

Overall, ZIP code 37142 in Palmyra, TN is characterized as solidly middle-class, well-educated, a mature community, and predominantly owner-occupied. With 1,734 residents, a median household income of $73,056, and a median home value of $199,100, it offers a clear picture of life in this part of Tennessee.