Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 43.5 yrs |
|---|---|
| Avg HH Size | 2.59 |
| Below Poverty | 7.1% ▼ 30% below avg |
| College Grads | 49.5% ▲ 28% above avg |
| Unemployment | 2.2% ▼ 56% below avg |
| No HS Diploma | 47 (0.4%) |
| HS Graduate | 2,579 (22.1%) |
| Some College | 1,353 (11.6%) |
| Associates | 1,899 (16.3%) |
| Bachelors | 1,015 (8.7%) |
| Graduate Degree | 4,756 (40.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $100,761 ▲ 32% above avg |
|---|---|
| Median Home Value | $294,600 ≈ Avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,419/mo |
| Total Housing Units | 7,107 |
| Vacant Units | 620 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Palmyra is a city in Virginia, located in Fluvanna County. The city spans 1 ZIP code and is home to approximately 16,786 residents. It is a middle-aged city, with a median age of 43.5 years.
Economically, Palmyra is a upper-middle-income community. The median household income of $100,761 is above the national average. Approximately 7.1% of residents live below the poverty line. The unemployment rate is 2.2%, well below the national average.
The real estate market in Palmyra is a mid-range housing market. Median home values stand at $294,600, which is near the national average. Renters typically pay around $1,419 per month. Homeownership is high at 92.3%, typical of suburban and family-oriented communities.
The population of Palmyra is well-educated. 49.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (78.3%).
Palmyra, VA offers residents above-average earning potential within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 22963 | 16,786 | $100,761 | $294,600 | $1,419 | 2.2% | 49.5% | 92.3% |