HomeNew YorkWayne CountyPalmyra
Palmyra, New York: commercial real estate data.
Palmyra is a Census village of 3,287 people across 1.35 square miles of land, in Wayne County. Median household income is $64,983, 50.0 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $628,500 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Palmyra
What Palmyra is
- Census place typevillage
- Land area1.35 sq mi
- Water area0 sq mi
- Population per square mile of land2,440
- County holding the largest share of its areaWayne 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
- Population3,287
- Median age35.3
- Population under 18681 plus or minus 178
- Share under 1820.7 percent plus or minus 5.4
- Population 65 and over524 plus or minus 117
- Share 65 and over15.9 percent plus or minus 3.6
- Households1,489
- Family households837
- Share of households that are families56.2 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$64,983
- Per capita income$32,338
- Civilian labor force1,771
- Employed1,759
- Unemployed12 plus or minus 20
- Unemployment rate0.7 percent plus or minus 1.1
- Adults 25 and over2,121
- Adults 25 and over with a high school diploma or higher92.3 percent
- Adults 25 and over with a bachelor degree or higher25.5 percent plus or minus 6.4
- Adults 25 and over with a graduate degree10.6 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 units1,637
- Occupied units1,489
- Vacant units148 plus or minus 96
- Vacancy rate9.0 percent plus or minus 5.8
- Owner occupied745
- Renter occupied744 plus or minus 159
- Ownership rate50.0 percent
- Median owner-occupied home value$129,700
- Median gross rent, monthly$937
- Annual rent as a share of median income17.3 percent
- Single family units898
- Share single family54.9 percent
- Units in buildings of two or more729 plus or minus 200
- Share in buildings of two or more44.5 percent plus or minus 11.6
- Mobile homes0
- Median year structure built1944
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 commute1,543
- Commuting under 15 minutes417 plus or minus 146
- Share commuting under 15 minutes27.0 percent plus or minus 8.9
- Commuting 30 minutes or more498 plus or minus 138
- Share commuting 30 minutes or more32.3 percent plus or minus 8.1
- Drove alone80.7 percent
- Carpooled11.2 percent plus or minus 6.4
- Public transport0.7 percent plus or minus 1.0
- Walked1.0 percent plus or minus 1.3
- Worked from home6.2 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Palmyra
SBA loans in Palmyra (7(a))
- Approvals7
- Gross approval$628,500
- Average approval$89,786
- Median approval$40,000
- Largest approval$252,500
- Jobs supported25
- Jobs per approval3.6
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term84 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Palmyra, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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$1,414,000
- Average approval$707,000
- Median approval$707,000
- Largest approval$1,296,000
- Jobs supported12
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Palmyra, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Palmyra
Flood risk in Palmyra
- NFIP communityVillage of Palmyra
- NFIP community number360896
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/13/26(>)
The Village of Palmyra participates in the National Flood Insurance Program as community 360896 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Wayne County, not Palmyra
Wayne County context, not Palmyra figures
- Establishments in Wayne County1,673
- Covered employment, Wayne County28,230
- Average annual pay, Wayne County$56,984
- Housing units permitted, Wayne County263
Every figure in this section is published for Wayne County as a whole and is not a measurement of Palmyra.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Palmyra questions, answered from the record.
How many people live in Palmyra, New York?
3,287, in 1,489 households. Palmyra village covers 1.35 square miles of land, which is 2,440 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?
Wayne 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?
$64,983. The median owner-occupied home is valued at $129,700. Median gross rent is $937 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?
7 7(a) approvals totaling $628,500 since FY2020, across 5 lenders, median approval $40,000, plus 2 504 approvals worth $1.4 m since FY2010. 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 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Palmyra in the National Flood Insurance Program?
Yes. Palmyra appears in the FEMA Community Status Book as Palmyra, village of, community 360896, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Palmyra figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne 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?
No. Nothing on this page presents parcel level zoning.
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