Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs |
|---|---|
| Avg HH Size | 2.40 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 36.7% ≈ Avg |
| Unemployment | 6.5% ▲ 33% above avg |
| HS Graduate | 270 (33.3%) |
| Some College | 115 (14.2%) |
| Associates | 129 (15.9%) |
| Bachelors | 131 (16.1%) |
| Graduate Degree | 167 (20.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $83,365 ▲ 9% above avg |
|---|---|
| Median Home Value | $198,500 ▼ 29% below avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,275/mo |
| Total Housing Units | 534 |
| Vacant Units | 34 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palmyra is a city in Nebraska, located in Otoe County. The city spans 1 ZIP code and is home to approximately 1,201 residents. It is a middle-aged city, with a median age of 39.3 years.
Economically, Palmyra is a middle-income community. The median household income of $83,365 is near the national average. Approximately 3.6% of residents live below the poverty line. The unemployment rate is 6.5%, above the national average.
The real estate market in Palmyra is an affordable housing market. Median home values stand at $198,500, which is below the national average. Renters typically pay around $1,275 per month. Homeownership is high at 90.8%, typical of suburban and family-oriented communities.
The population of Palmyra is moderately educated. 36.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (85.01%).
Palmyra, NE offers residents above-average earning potential within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68418 | 1,201 | $83,365 | $198,500 | $1,275 | 6.5% | 36.7% | 90.8% |