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HomeIllinoisMacoupin CountyPalmyra village

Palmyra village, Illinois: commercial real estate data.

Palmyra village is a Census village of 486 people across 1.00 square miles of land, in Macoupin County. Median household income is $44,276, 79.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $112,800.

66 sourced place values · tier FULL · 7 sections

Palmyra

What Palmyra is

  • Census place typevillage
  • Land area1 sq mi
  • Water area0 sq mi
  • Population per square mile of land487 plus or minus 98
  • County holding the largest share of its areaMacoupin County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Palmyra

How many people live in Palmyra

  • Population486 plus or minus 98
  • Median age53.4
  • Population under 1866 plus or minus 33
  • Share under 1813.6 percent plus or minus 6.1
  • Population 65 and over159 plus or minus 50
  • Share 65 and over32.7 percent plus or minus 8.0
  • Households239 plus or minus 55
  • Family households135 plus or minus 44
  • Share of households that are families56.5 percent plus or minus 13.0

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Palmyra

Income and work in Palmyra

  • Median household income$44,276
  • Per capita income$28,340
  • Civilian labor force234 plus or minus 63
  • Employed208 plus or minus 55
  • Unemployed26 plus or minus 19
  • Unemployment rate11.1 percent plus or minus 7.5
  • Adults 25 and over400 plus or minus 89
  • Adults 25 and over with a high school diploma or higher83.0 percent
  • Adults 25 and over with a bachelor degree or higher8.8 percent plus or minus 5.5
  • Adults 25 and over with a graduate degree0.3 percent plus or minus 3.3

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Palmyra

Housing in Palmyra

  • Housing units346
  • Occupied units239 plus or minus 55
  • Vacant units107 plus or minus 55
  • Vacancy rate30.9 percent plus or minus 14.7
  • Owner occupied190 plus or minus 49
  • Renter occupied49 plus or minus 21
  • Ownership rate79.5 percent
  • Median owner-occupied home value$87,500
  • Median gross rent, monthly$718
  • Annual rent as a share of median income19.5 percent
  • Single family units208 plus or minus 54
  • Share single family60.1 percent
  • Units in buildings of two or more41 plus or minus 24
  • Share in buildings of two or more11.8 percent plus or minus 6.4
  • Mobile homes97 plus or minus 56
  • Median year structure built1969

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Palmyra

How Palmyra gets to work

  • Workers 16 and over who commute206 plus or minus 55
  • Commuting under 15 minutes57 plus or minus 29
  • Share commuting under 15 minutes27.7 percent plus or minus 11.9
  • Commuting 30 minutes or more117 plus or minus 37
  • Share commuting 30 minutes or more56.8 percent
  • Drove alone79.6 percent
  • Carpooled10.7 percent plus or minus 7.7
  • Public transport0.0 percent
  • Walked9.7 percent plus or minus 8.9
  • Worked from home0.0 percent

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Palmyra

SBA 7(a) lending to Palmyra borrowers

  • Approvals1
  • Gross approval$112,800
  • Average approval$112,800
  • Median approval$112,800
  • Ninetieth percentile approval$112,800
  • Largest approval$112,800
  • Jobs supported1
  • Jobs per approval1.0
  • Loans with a final outcome0
  • Paid in full0
  • Charged off0
  • Median term84 months
  • Share on real estate terms of 20 years or more0.0 percent
  • Share to franchises0.0 percent
  • Distinct lenders1
  • Distinct industries by NAICS1

A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.

US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.

Macoupin County, not Palmyra

Macoupin County context, not Palmyra figures

These are Macoupin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Palmyra measurements.

  • Establishments in Macoupin County813
  • Employment at those establishments, Macoupin County7,626
  • Covered employment, Macoupin County10,150
  • Average annual pay, Macoupin County$46,689
  • Average weekly wage, Macoupin County$898
  • Housing units permitted, Macoupin County65
  • Of those, single family, Macoupin County59
  • County product, 2024, Macoupin County$1,525,271,000
  • County product change over the prior year, Macoupin County1.9 percent
  • Average income of an arriving household, Macoupin County$52,249

Every figure in this section is published for Macoupin County as a whole and is not a measurement of Palmyra. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Palmyra questions, answered from the record.

How many people live in Palmyra, Illinois?

486, in 239 households. Palmyra village covers 1.00 square miles of land, which is 487 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Palmyra in?

Macoupin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Palmyra?

$44,276. The median owner-occupied home is valued at $87,500. Median gross rent is $718 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

How much SBA lending goes to Palmyra businesses?

1 7(a) approvals totalling $112,800, across 1 lenders, median approval $112,800. These count approvals to borrowers whose address is in Palmyra, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.

Do SBA loans to Palmyra borrowers get paid back?

No rate is published for Palmyra. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.

Are the county figures on this page Palmyra figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Macoupin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Palmyra.

Is zoning published for Palmyra?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.