HomeIndianaHarrison CountyPalmyra town
Palmyra town, Indiana: commercial real estate data.
Palmyra town is a Census town of 1,215 people across 1.20 square miles of land, in Harrison County. Median household income is $60,862, 66.1 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $611,700.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Palmyra
What Palmyra is
- Census place typetown
- Land area1.2 sq mi
- Water area0.04 sq mi
- Population per square mile of land1,016 plus or minus 296
- County holding the largest share of its areaHarrison 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
- Population1,215 plus or minus 354
- Median age34.3 plus or minus 8.3
- Population under 18380 plus or minus 154
- Share under 1831.3 percent plus or minus 8.8
- Population 65 and over218 plus or minus 59
- Share 65 and over17.9 percent plus or minus 7.1
- Households460 plus or minus 106
- Family households263 plus or minus 78
- Share of households that are families57.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
Income and work in Palmyra
- Median household income$60,862
- Per capita income$25,011 plus or minus $5,054
- Civilian labor force458 plus or minus 148
- Employed455 plus or minus 147
- Unemployed3 plus or minus 6
- Unemployment rate0.7 percent plus or minus 1.3
- Adults 25 and over740 plus or minus 162
- Adults 25 and over with a high school diploma or higher83.1 percent plus or minus 25.0
- Adults 25 and over with a bachelor degree or higher11.1 percent plus or minus 4.8
- Adults 25 and over with a graduate degree3.4 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
Housing in Palmyra
- Housing units477 plus or minus 109
- Occupied units460 plus or minus 106
- Vacant units17 plus or minus 21
- Vacancy rate3.6 percent plus or minus 4.3
- Owner occupied304 plus or minus 78
- Renter occupied156 plus or minus 61
- Ownership rate66.1 percent
- Median owner-occupied home value$163,800
- Median gross rent, monthly$772
- Annual rent as a share of median income15.2 percent
- Single family units372 plus or minus 93
- Share single family78.0 percent
- Units in buildings of two or more87 plus or minus 48
- Share in buildings of two or more18.2 percent plus or minus 9.1
- Mobile homes18 plus or minus 23
- Median year structure built1983
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 commute396 plus or minus 132
- Commuting under 15 minutes34 plus or minus 25
- Share commuting under 15 minutes8.6 percent plus or minus 5.7
- Commuting 30 minutes or more242 plus or minus 86
- Share commuting 30 minutes or more61.1 percent
- Drove alone78.2 percent
- Carpooled6.8 percent plus or minus 5.2
- Public transport0.0 percent
- Walked4.1 percent plus or minus 4.1
- Worked from home10.0 percent plus or minus 6.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
SBA loans in Palmyra (7(a))
- Approvals3
- Gross approval$611,700
- Average approval$203,900
- Median approval$50,000
- Ninetieth percentile approval$526,700
- Largest approval$526,700
- Jobs supported7
- Jobs per approval2.3
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 2 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.
Palmyra
SBA loans in Palmyra (504)
- Approvals2
- Gross approval$326,000
- Average approval$163,000
- Median approval$251,000
- Largest approval$251,000
- Jobs supported4
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Harrison County, not Palmyra
Harrison County context, not Palmyra figures
These are Harrison 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 Harrison County669
- Employment at those establishments, Harrison County8,843
- Covered employment, Harrison County10,252
- Average annual pay, Harrison County$49,804
- Average weekly wage, Harrison County$958
- Housing units permitted, Harrison County158
- Of those, single family, Harrison County158
- County product, 2024, Harrison County$1,704,618,000
- County product change over the prior year, Harrison County5.1 percent
- Average income of an arriving household, Harrison County$76,726
Every figure in this section is published for Harrison 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, Indiana?
1,215, in 460 households. Palmyra town covers 1.20 square miles of land, which is 1,016 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?
Harrison 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?
$60,862. The median owner-occupied home is valued at $163,800. Median gross rent is $772 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?
3 7(a) approvals totalling $611,700, across 2 lenders, median approval $50,000, plus 2 504 approvals worth $326,000. 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 2 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 Harrison 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.
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