Palmyra, IN 47164 has a population of approximately 3,621 and experiences a population change rate of 1.97%. The population density is 103.3 / sq mi .
Palmyra, IN 47164 has a population of approximately 3,621 and experiences a population change rate of 1.97%. The population density is 103.3 / sq mi .
The median household income for Palmyra, IN 47164 is $55,364, with 1,444 households and an average household size of 2.34.
The median value of a home in Palmyra, IN 47164 is $188,400 with an appreciation rate of 15.20%. 65.14% of housing in the state is owned while 17.37% is rented.
The cost of living in Palmyra, IN 47164 is 90.1 %.
The unemployment rate in Palmyra, IN 47164 is 2.20%, and recent job growth is at 0.95%. Future job growth is projected at 41.54%.
The sales tax rate in Palmyra, IN 47164 is 7.00%, while the income tax rate is 3.23% .
School expenditures in Palmyra, IN 47164 are $11,846, and the school ratio is 17.3:1.
The average high temperature in July is 87 degrees, with an average low temperature in January of 22.2 degrees. The average rainfall is approximately 44.9 inches per year, with 11 inches of snow per year.