Utah · Census place 57630
Palmyra CDP, UT
Quick answer
Palmyra CDP has 346 residents, ranking #259 of 334 places in Utah. Median household income is $92,857, the median home is worth $583,300 and median gross rent runs $1,500 a month.
- Population
- 346Palmyra CDP residents
- Median household income
- $92,857Past 12 months, inflation adjusted
- Median home value
- $583,300Owner-occupied units
- Median gross rent
- $1,500Rent plus utilities, monthly
- Median age
- 47.4 yrsAll residents
- Homeownership rate
- 68.9%Owner-occupied households
What the numbers mean in Palmyra CDP
Housing cost measured against local earnings.
A household earning the Palmyra CDP median would spend about 19.4% 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 6.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0% of residents and 68.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Utah.
- New Harmony town 353
- Teasdale CDP 352
- Castle Valley town 348
- Deweyville town 345
- Wales town 345
- Alta town 337
- Torrey town 332
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