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Pennsylvania · Census place 57720

Palmyra borough, PA

Quick answer

Palmyra borough has 7,769 residents, ranking #147 of 2002 places in Pennsylvania. Median household income is $71,018, the median home is worth $211,900 and median gross rent runs $1,058 a month.

Population
7,769Palmyra borough residents
Median household income
$71,018Past 12 months, inflation adjusted
Median home value
$211,900Owner-occupied units
Median gross rent
$1,058Rent plus utilities, monthly
Median age
32.8 yrsAll residents
Homeownership rate
53.6%Owner-occupied households

What the numbers mean in Palmyra borough

Housing cost measured against local earnings.

A household earning the Palmyra borough median would spend about 17.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.8% of residents and 53.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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