Palmyra, Indiana Unemployment

Palmyra, Indiana has a population of 728, with a median household income of $106,180.

Current unemployment data for Palmyra.

4.60%

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Population

728

💰

Median Income

$106,180

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Unemployment

4.60%

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Housing Price

$468,320

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Crime Rate

2.40

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Internet Speed

201.00 Mbps

Palmyra is a small local community located in Indiana. The city has a population that is below the average city population in Indiana, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Indiana, Palmyra provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Palmyra has a population of 728, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Palmyra is $106,180, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Palmyra average around $468,320, which is relatively high compared to other cities in Indiana.

Employment and Safety

The unemployment rate in Palmyra is 4.60%, slightly above the state average, suggesting moderate employment conditions. Palmyra has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Indiana, Palmyra shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Palmyra continues to play a role in shaping regional trends in Indiana, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Palmyra

What is the population of Palmyra?

The population of Palmyra is approximately 728.

Is Palmyra a good place to live?

Palmyra offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Palmyra?

The median household income in Palmyra is around $106,180.

How expensive is housing in Palmyra?

The average housing price in Palmyra is approximately $468,320.